8670 Sw 108th Lane Rd, Ocala
Marion County Real Estate - Ocala
Ocala is in North Central Florida. It's population as recorded in the 2010 Census was 56,315.
The median age for residents of Ocala is 38.2. Around 29.6% of Ocala households include school aged children and 29.7% of households include individuals aged 65 years or over. Census records indicate 70.7% of the Ocala population are White, 20.9% are Black or African American, .3% American Indian, 2.5% Asian and 2.4% are Two or more Races.
There are 26,764 housing units in Ocala. 3,661 (13.6%) of these were reported as vacant in the 2010 Census. There are 13,194 residential rental units in Ocala. 11,441 of them were occupied in 2010 providing a residential rental vacancy rate of 12.8%.
Ocala links:
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Marion County
Marion County is located in North Central Florida, along with Alachua, Madison, Hamilton, Taylor, Suwannee, Union, Bradford, Lafayette, Dixie, Levy, Gilchrist, and Columbia counties. Incorporated municipalities include Belleview, Dunnellon, Ocala, McIntosh, and Reddick. The population of Marion County is over 330,000.
The largest industries providing employment in Marion County are agriculture, educational, health, and social services; retail trade; and manufacturing. Major private sector employers are Munroe Regional Medical Center, Ocala Regional Medical Center & West Marion Community Hospital, AT&T, Lockheed Martin, and E-ONE Inc. top public sector employers include Marion County Public Schools, Florida State Government, Federal Government, Marion County BCC, and City of Ocala.
Marion County is the only region in the United States that can legitimately claim the title of the horse capital of the world. Marion County contains nearly 50,000 horses during peak season, more than any other county in the nation. Thoroughbred racehorses from Marion were the first Florida-bred horses to win the Kentucky Derby and Florida Derby. The industry drives approximately $2.2 billion into the local economy and supports 40,000 jobs.
An important agricultural area, Marion County has a long history of ranching. It is the 12th largest cattle producer in the state and the Ocala Bull Sale is the oldest in the nation. More than 250,000 acres are devoted to logging. Other crops produced here include peanuts, citrus, and hay.
Ten miles northwest of Ocala lies the Lowell Correctional Institution. The facility was the first to house female inmates exclusively. The Lowell Annex is part of the complex and houses the state's female inmates on death row.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 8650 Sw 108th Lane Rd | Single Family | 1,448 | B |
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| 8680 Sw 108th Lane Rd | Single Family | 1,061 | B |
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| 8665 Sw 108th St | Single Family | 1,199 | B |
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| 8653 Sw 108th St | Single Family | 1,222 | B |
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| 8675 Sw 108th St | Single Family | 1,611 | B |
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| 8687 Sw 108th Lane Rd | Single Family | 1,294 | B |
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| 8724 Sw 108th Lane Rd | Single Family | 1,720 | B |
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| 8630 Sw 108th Lane Rd | Single Family | 1,272 | B |
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| 8729 Sw 108th Lane Rd | Single Family | 1,176 | B |
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| 8647 Sw 108th St | Single Family | 1,672 | B |
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| 8727 Sw 108th St | Single Family | 1,378 | B |
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| 8637 Sw 108th Lane Rd | Single Family | 1,240 | B |
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| 8675 Sw 108th Lane Rd | Single Family | 1,619 | B |
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| 10810 Sw 86th Ave | Single Family | 1,419 | B |
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| 8744 Sw 108th Lane Rd | Single Family | 1,609 | B |
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| 8635 Sw 108th St | Single Family | 1,134 | B |
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| 8625 Sw 108th Lane Rd | Single Family | 1,260 | B |
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| 8737 Sw 108th Lane Rd | Single Family | 1,917 | B |
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| 10812 Sw 86th Ave | Single Family | 1,420 | B |
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| 8739 Sw 108th St | Single Family | 1,226 | B |
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| 8663 Sw 108th Lane Rd | Single Family | 1,675 | B |
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| 8655 Sw 108th Lane Rd | Single Family | 1,414 | B |
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| 8625 Sw 108th St | Single Family | 1,283 | B |
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| 8649 Sw 108th Lane Rd | Single Family | 1,281 | B |
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| 8750 Sw 108th Lane Rd | Single Family | 1,201 | B |
|
| 8702 Sw 108th St | County Owned | 0 | L | |
| 8749 Sw 108th Lane Rd | Single Family | 1,128 | B |
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| 8644 Sw 108th St | Single Family | 1,062 | B |
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| 8741 Sw 108th St | Single Family | 1,810 | B |
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| 10808 Sw 86th Ave | Single Family | 1,294 | B |
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| 8751 Sw 108th Lane Rd | Single Family | 1,696 | B |
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| 8636 Sw 108th St | Single Family | 1,062 | B |
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| 10811 Sw 86th Ave | Single Family | 1,064 | B |
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| 8644 Sw 108th Place Rd | Single Family | 1,420 | B |
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| 8636 Sw 108th Place Rd | Single Family | 1,683 | B |
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| 10806 Sw 86th Ave | Single Family | 1,240 | B |
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| 10813 Sw 86th Ave | Single Family | 1,108 | B |
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| 8596 Sw 108th Lane Rd | Single Family | 1,572 | B |
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| 8624 Sw 108th St | Single Family | 1,215 | B |
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| 8750 Sw 108th St | Single Family | 1,198 | B |
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| 10815 Sw 86th Ave | Single Family | 1,178 | B |
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| 8628 Sw 108th Place Rd | Single Family | 1,917 | B |
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| 8677 Sw 108th Pl | Single Family | 1,148 | B |
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| 8667 Sw 108th Pl | Single Family | 1,432 | B |
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| 8689 Sw 108th Pl | Single Family | 1,224 | B |
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| 8597 Sw 108th Lane Rd | Single Family | 1,950 | B |
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| 10805 Sw 86th Ave | Single Family | 2,055 | B |
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| 8769 Sw 108th St | Single Family | 1,986 | B |
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Local Household Income
The median household income in this part of Florida is $47,461. The bottom 10% of the population earn less than $17,218 per year. The top 10% earn more than $107,570 per year. The top 1% earn more than $332,268 per year. Most renters earn between $22,872 (20th percentile) and $40,056 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,922 and $118,653.
The tax assessed value of this property places it in percentile 43 of all properties in this area. This suggests it would appeal to someone earning around $42,184 per year who should qualify for a mortgage between $84,368 and $105,460.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $819. Most renters earn between $1,906 and $3,338 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $592 (20th percentile) to $1,056 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 43 of all properties in this area. This corresponds to a rent of $770 per month and a monthly household income of $2,533 ($30,396 per year)