Ocala, Florida
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:
Ocala is located in Marion County. It has a population of approximately 56,315 people. The population increased 1.1% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 1.2% for Marion County and a 1.7% increase for the country as a whole. Ocala occupies 44.83 of the 1584.55 square miles in Marion County. It had a population density of 1256.2 persons per square mile in 2010. This compared to 209.1 for the county, 350.6 for Florida and 87.4 for the country.
16.3% ( 26,764) of the 164,037 housing units in Marion County are in Ocala (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Ocala has a 54.3% homeownership rate compared to Marion County's 78.4% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Marion County | 331,298 | $8,053 | 1.2% | $40,103 | 164,037 | $142,000 |
Ocala | 56,315 | $5,145 | 1.1% | $36,706 | 26,764 | $140,700 |
Ocala's medium household income in 2011 was $36,706. Marion County's medium household income was $40,103, which is lower than the medium income for Florida as a whole: $47,827. 21.5% of the population in Ocala lives below the poverty line, compared to 14.7% in Florida, 16.5% of the population in Marion County and 14.3% nationwide. Additional Information:
Ocala Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Ocala. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $5,145 million, Ocala's economic activity represents 63.89% of Marion County's $8,053MM in economic activity. Marion County represents 1.28% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $1,298 | 25.2% |
Merchant wholesaler sales | $1,072 | 20.8% |
Retail sales | $2,530 | 49.2% |
Accommodation and food services sales | $246 | 4.8% |
Total | $5,145 | 100% |
Marion County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Ocala | 56,315 | $5,145 | 1.1% | $36,706 | 26,764 | $140,700 |
Silver Springs | 6,539 | $11 | X | $32,066 | 3,449 | $99,300 |
Marion County is located in North Central Florida. This region is responsible for 2.6% of Florida's economic activity. Marion County represents 49.9% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Madison County | 19,224 | $137 | -1.7% | $36,557 | 8,499 | $94,100 |
Hamilton County | 14,799 | $111 | -0.6% | $36,683 | 5,830 | $75,600 |
Taylor County | 22,570 | $823 | 0.8% | $38,005 | 11,085 | $89,700 |
Suwannee County | 41,551 | $494 | 5.1% | $37,775 | 19,417 | $108,900 |
Union County | 15,535 | $53 | -2.1% | $45,645 | 4,566 | $113,500 |
Bradford County | 28,520 | $253 | -5.2% | $41,397 | 11,083 | $121,400 |
Lafayette County | 8,870 | $69 | -0.7% | $49,713 | 3,386 | $153,500 |
Dixie County | 16,422 | $57 | -1.8% | $34,243 | 9,471 | $104,400 |
Levy County | 40,801 | $572 | -1.9% | $35,920 | 20,350 | $108,400 |
Gilchrist County | 16,939 | $63 | -0.7% | $38,467 | 7,367 | $119,600 |
Alachua County | 247,336 | $3,646 | 1.6% | $41,373 | 113,371 | $185,100 |
Marion County | 331,298 | $8,053 | 1.2% | $40,103 | 164,037 | $142,000 |
Columbia County | 67,531 | $1,796 | 0.6% | $38,589 | 28,910 | $127,100 |
Total | 878,554 | $16,126 | -0.4% | $39,575 | 407,372 | $118,715 |
Ocala Real Estate
There are 87,404 properties in Ocala. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 2,825 | 3.23 | 90 | $382,500 | $132 | January 1st, 2014 | September 1st, 2014 |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 584 | 0.67 | 2 | $55,600 | $34 | January 1st, 2014 | April 1st, 2014 |
Health Care | 14 | 0.02 | 0 | n/a | n/a | n/a | n/a |
Hotel & Motel | 62 | 0.07 | 4 | $1,170,000 | $39 | April 1st, 2014 | September 1st, 2014 |
Industrial | 1,009 | 1.15 | 37 | $215,000 | $31 | January 1st, 2014 | September 1st, 2014 |
Miscellaneous Property | 202 | 0.23 | 1 | $312,000 | $333 | February 1st, 2014 | February 1st, 2014 |
Mobile/Manufactured | 6,390 | 7.31 | 283 | $25,000 | $22 | January 1st, 2014 | October 1st, 2014 |
Multifamily | 1,906 | 2.18 | 88 | $79,500 | $32 | January 1st, 2014 | September 1st, 2014 |
Office | 1,098 | 1.26 | 53 | $260,000 | $78 | January 1st, 2014 | September 1st, 2014 |
Residential | 71,330 | 81.61 | 4,310 | $76,950 | $51 | January 1st, 2014 | September 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 1,437 | 1.64 | 55 | $325,000 | $92 | January 1st, 2014 | September 1st, 2014 |
Senior Housing | 21 | 0.02 | 2 | $2,604,250 | $66 | February 1st, 2014 | April 1st, 2014 |
Special Purpose | 426 | 0.49 | 6 | $445,000 | $37 | April 1st, 2014 | September 1st, 2014 |
Sports & Entertaining | 100 | 0.11 | 4 | $773,000 | $50 | February 1st, 2014 | April 1st, 2014 |
Agricultural Real Estate in Ocala, Florida
2,825( 3.23%) of the properties in Ocala are classified as Agricultural. 90 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $53,449,100. The median sales price was $382,500. In 2014 the median sales price for A Class Agricultural in Ocala was $436 per sq ft, B Class properties sold for $132/ft and C Class $72/ft.
Commercial Real Estate in Ocala, Florida
0( .00%) of the properties in Ocala are classified as Commercial.
Government Real Estate in Ocala, Florida
584( .67%) of the properties in Ocala are classified as Government. 2 of them sold between January 1st, 2014 and April 1st, 2014. The total value of these sales was $111,200. The median sales price was $55,600. In 2014 the median sales price for Government Property in Ocala was $34 per sq ft.
Health Care Real Estate in Ocala, Florida
14( .02%) of the properties in Ocala are classified as Health Care.
Hotel & Motel Real Estate in Ocala, Florida
62( .07%) of the properties in Ocala are classified as Hotel & Motel. 4 of them sold between April 1st, 2014 and September 1st, 2014. The total value of these sales was $6,340,000. The median sales price was $1,170,000. In 2014 the median sales price for Hotel & Motel in Ocala was $39 per sq ft.
Industrial Real Estate in Ocala, Florida
1,009( 1.15%) of the properties in Ocala are classified as Industrial. 37 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $14,419,400. The median sales price was $215,000. In 2014 the median sales price for A Class Industrial in Ocala was $50 per sq ft, B Class properties sold for $31/ft and C Class $17/ft.
Miscellaneous Real Estate in Ocala, Florida
202( .23%) of the properties in Ocala are classified as Miscellaneous. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $312,000. The median sales price was $312,000. In 2014 the median sales price for Miscellaneous Property in Ocala was $333 per sq ft.
Mobile/Manufactured Real Estate in Ocala, Florida
6,390( 7.31%) of the properties in Ocala are classified as Mobile/Manufactured. 283 of them sold between January 1st, 2014 and October 1st, 2014. The total value of these sales was $9,082,659. The median sales price was $25,000. In 2014 the median sales price for A Class Mobile/Manufactured in Ocala was $42 per sq ft, B Class properties sold for $22/ft and C Class $7/ft.
Multifamily Real Estate in Ocala, Florida
1,906( 2.18%) of the properties in Ocala are classified as Multifamily. 88 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $14,068,900. The median sales price was $79,500. In 2014 the median sales price for A Class Multifamily in Ocala was $85 per sq ft, B Class properties sold for $32/ft and C Class $14/ft.
Office Real Estate in Ocala, Florida
1,098( 1.26%) of the properties in Ocala are classified as Office. 53 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $29,277,400. The median sales price was $260,000. In 2014 the median sales price for A Class Office in Ocala was $322 per sq ft, B Class properties sold for $78/ft and C Class $16/ft.
Residential Real Estate in Ocala, Florida
71,330( 81.61%) of the properties in Ocala are classified as Residential. 4,310 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $422,479,462. The median sales price was $76,950. In 2014 the median sales price for A Class Residential in Ocala was $88 per sq ft, B Class properties sold for $51/ft and C Class $24/ft.
Residential Real Estate in Ocala, Florida
0( .00%) of the properties in Ocala are classified as Residential.
Retail Real Estate in Ocala, Florida
1,437( 1.64%) of the properties in Ocala are classified as Retail. 55 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $55,421,400. The median sales price was $325,000. In 2014 the median sales price for A Class Retail in Ocala was $222 per sq ft, B Class properties sold for $92/ft and C Class $19/ft.
Senior Housing Real Estate in Ocala, Florida
21( .02%) of the properties in Ocala are classified as Senior Housing. 2 of them sold between February 1st, 2014 and April 1st, 2014. The total value of these sales was $5,208,500. The median sales price was $2,604,250. In 2014 the median sales price for Senior Housing in Ocala was $66 per sq ft.
Special Purpose Real Estate in Ocala, Florida
426( .49%) of the properties in Ocala are classified as Special Purpose. 6 of them sold between April 1st, 2014 and September 1st, 2014. The total value of these sales was $5,185,400. The median sales price was $445,000. In 2014 the median sales price for Special Purpose in Ocala was $37 per sq ft.
Sports & Entertaining Real Estate in Ocala, Florida
100( .11%) of the properties in Ocala are classified as Sports & Entertaining. 4 of them sold between February 1st, 2014 and April 1st, 2014. The total value of these sales was $3,346,000. The median sales price was $773,000. In 2014 the median sales price for Sports & Entertaining in Ocala was $50 per sq ft.
Ocala, Marion County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 2,425 | 5,960,543 |
Government Property | 626 | 8,492,313 |
Health Care | 26 | 2,211,613 |
Hotel & Motel | 58 | 1,891,153 |
Industrial | 1,000 | 23,780,565 |
Land | 4,844 | 1,245,927 |
Miscellaneous Property | 222 | 398,898 |
Mobile/Manufactured | 6,240 | 7,556,277 |
Multifamily | 1,793 | 11,812,644 |
Office | 1,185 | 5,877,700 |
Residential | 71,928 | 119,733,376 |
Retail | 1,322 | 14,533,714 |
Senior Housing | 23 | 1,070,088 |
Special Purpose | 439 | 5,183,651 |
Sports & Entertaining | 91 | 935,022 |
Ocala Median Property Values per Sq Ft
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Camp | 2016 | $299 | $23 | $105 | $13 | $49 | $7 |
Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2015 | $311 | $15 | $67 | $11 | $42 | $8 |
Auto sales, auto repair and storage or auto service shop | 2016 | $246 | $23 | $132 | $12 | $61 | $7 |
Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $299 | $23 | $105 | $13 | $49 | $7 |
Cannery, fruit and vegetable, bottler or brewers, distillery or winery | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Centrally assessed | 2016 | $155 | $20 | $91 | $9 | $24 | $4 |
Church | 2016 | $77 | $15 | $43 | $11 | $22 | $8 |
Club, lodge or union hall | 2016 | $77 | $15 | $43 | $11 | $22 | $8 |
College | 2016 | $77 | $19 | $43 | $11 | $22 | $6 |
Community Shopping Center | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Condominium | 2016 | $64 | $16 | $38 | $16 | $31 | $16 |
County Owned | 2016 | $28 | $19 | $28 | $11 | $28 | $6 |
Cropland soil capability Class I | 2016 | $119 | $34 | $36 | $21 | $25 | $14 |
Cropland soil capability Class II | 2016 | $119 | $34 | $36 | $21 | $25 | $14 |
Cropland soil capability Class III | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Cultural organization, facility | 2016 | $77 | $15 | $43 | $11 | $22 | $8 |
Dairies, feed lots | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Department Store | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Drive-in Restaurant | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Drive-in theater or open stadium | 2016 | $299 | $23 | $105 | $13 | $49 | $7 |
Enclosed theater or auditorium | 2016 | $299 | $23 | $105 | $13 | $49 | $7 |
Federal Owned | 2016 | $28 | $19 | $28 | $11 | $28 | $6 |
Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Florist or greenhouse | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Food processing | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Forest, park or recreational area | 2016 | $77 | $19 | $43 | $11 | $22 | $6 |
Golf course or driving range | 2016 | $34 | $23 | $34 | $13 | $34 | $7 |
Grazing land soil capability Class I | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Grazing land soil capability Class II | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Grazing land soil capability Class III | 2016 | $489 | $34 | $181 | $21 | $121 | $14 |
Grazing land soil capability Class IV | 2016 | $478 | $34 | $161 | $21 | $51 | $14 |
Grazing land soil capability Class V | 2016 | $478 | $34 | $161 | $21 | $51 | $14 |
Grazing land soil capability Class VI | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Heavy industrial | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Home for the aged | 2016 | $77 | $14 | $43 | $12 | $22 | $10 |
Hospital | 2016 | $28 | $19 | $28 | $11 | $28 | $6 |
Hotel or motel | 2016 | $392 | $33 | $65 | $33 | $19 | $33 |
Insurance company office | 2016 | $147 | $21 | $85 | $15 | $42 | $11 |
Leasehold interests (government owned property leased by a non-governmental lessee) | 2016 | $28 | $20 | $28 | $9 | $28 | $4 |
Light manufacturing | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Lumber yard, sawmill or planing mill | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Military | 2016 | $77 | $19 | $43 | $11 | $22 | $6 |
Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $64 | $33 | $38 | $33 | $31 | $33 |
Mixed use - store and office or store and residential or residential combination | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Mobile Home | 2016 | $49 | $6 | $29 | $6 | $16 | $6 |
Mortuary, cemetery or crematorium | 2016 | $77 | $15 | $43 | $11 | $22 | $8 |
Multi-family - 10 units or more | 2016 | $128 | $8 | $46 | $6 | $24 | $5 |
Multi-family - less than 10 units | 2016 | $148 | $8 | $53 | $6 | $33 | $5 |
Municipal Owned | 2016 | $28 | $19 | $28 | $11 | $28 | $6 |
Nightclub, cocktail lounge or bar | 2016 | $299 | $23 | $105 | $13 | $49 | $7 |
Office building, non-professional service building, multi-story | 2016 | $147 | $21 | $85 | $15 | $42 | $11 |
Office building, non-professional service building, one story | 2016 | $147 | $21 | $85 | $15 | $44 | $11 |
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Orchard Groves, Citrus, etc. | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Ornamentals, miscellaneous agricultural | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Orphanage, other non-profit or charitable services | 2016 | $77 | $15 | $43 | $11 | $22 | $8 |
Packing plant (fruit and vegetable or meat packing) | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Poultry, bees, tropical fish, rabbits, etc. | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Private school or college | 2016 | $77 | $15 | $43 | $11 | $22 | $8 |
Privately owned hospital | 2016 | $77 | $25 | $43 | $17 | $22 | $11 |
Professional service building | 2016 | $147 | $21 | $85 | $15 | $42 | $11 |
Public county school | 2016 | $77 | $19 | $43 | $11 | $22 | $6 |
Race track: horse, auto or dog | 2016 | $299 | $23 | $105 | $13 | $49 | $7 |
Regional Shopping Center | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Repair service shop (excluding automotive) | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Restaurant, cafeteria | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Retirement Home not eligible for exemption. | 2016 | $64 | $14 | $38 | $12 | $31 | $10 |
Sanitarium or convalescent rest home | 2016 | $77 | $25 | $43 | $17 | $22 | $11 |
Service station | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Single Family | 2016 | $101 | $16 | $69 | $16 | $45 | $16 |
State Owned | 2016 | $28 | $19 | $28 | $11 | $28 | $6 |
Store, one story | 2016 | $207 | $23 | $89 | $12 | $59 | $7 |
Supermarket | 2016 | $299 | $23 | $105 | $12 | $49 | $7 |
Timberland - site index 50 to 59 | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Timberland - site index 60 to 69 | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Timberland - site index 70 to 79 | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Timberland - site index 80 to 89 | 2016 | $314 | $34 | $142 | $21 | $70 | $14 |
Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $299 | $23 | $105 | $13 | $49 | $7 |
Undefined - Reserved for Use by Department of Revenue | 2016 | $148 | $16 | $53 | $16 | $33 | $16 |
Utility | 2016 | $38 | $20 | $38 | $9 | $38 | $4 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $119 | $6 | $36 | $5 | $25 | $4 |
Wholesale outlet, produce house or manufacturing outlet | 2016 | $155 | $23 | $91 | $12 | $24 | $7 |
Copyright © Visulate ® LLC 2007, 2021. Privacy Policy, Terms and Conditions.