Ocoee, Florida
Orange County Real Estate - Ocoee
Ocoee is in East Central Florida. It's population as recorded in the 2010 Census was 35,579. Ocoee is approximately 10 miles from Orlando (population 238,300) and around 21 miles from Kissimmee (population 59,682).
The median age for residents of Ocoee is 35.4. Around 45.2% of Ocoee households include school aged children and 18.2% of households include individuals aged 65 years or over. Census records indicate 66.7% of the Ocoee population are White, 17.5% are Black or African American, .3% American Indian, 5.5% Asian and 3.3% are Two or more Races. Ocoee has a significant Hispanic population. 20.7% (7,394) of Ocoee residents are of Hispanic or Latino origin. Of these 41.11% are of Mexican origin, 27.73% Puerto Rican, 4.96% Cuban and 26.18% are of other Hispanic or Latino origin.
There are 12,802 housing units in Ocoee. 1,010 (7.8%) of these were reported as vacant in the 2010 Census. There are 3,065 residential rental units in Ocoee. 2,816 of them were occupied in 2010 providing a residential rental vacancy rate of 7.8%.
Ocoee links:
Ocoee is located in Orange County. It has a population of approximately 35,579 people. The population increased 7.3% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 4.9% for Orange County and a 1.7% increase for the country as a whole. Ocoee occupies 14.71 of the 903.43 square miles in Orange County. It had a population density of 2418.5 persons per square mile in 2010. This compared to 1268.5 for the county, 350.6 for Florida and 87.4 for the country.
2.6% ( 12,802) of the 492,209 housing units in Orange County are in Ocoee (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.) Ocoee has a 76.6% homeownership rate compared to Orange County's 59.6% 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 |
| Orange County | 1,145,956 | $53,843 | 4.9% | $49,731 | 492,209 | $211,100 |
| Ocoee | 35,579 | $1,180 | 7.3% | $61,653 | 12,802 | $213,000 |
Ocoee's medium household income in 2011 was $61,653. Orange County's medium household income was $49,731, which is higher than the medium income for Florida as a whole: $47,827. 9.7% of the population in Ocoee lives below the poverty line, compared to 14.7% in Florida, 14.9% of the population in Orange County and 14.3% nationwide. Additional Information:
Ocoee 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 Ocoee. 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 $1,180 million, Ocoee's economic activity represents 2.19% of Orange County's $53,843MM in economic activity. Orange County represents 8.54% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $552 | 46.7% |
| Retail sales | $574 | 48.6% |
| Accommodation and food services sales | $55 | 4.7% |
| Total | $1,180 | 100% |
Orange 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 |
|---|---|---|---|---|---|---|
| Apopka | 41,542 | $921 | 6.9% | $58,996 | 15,707 | $207,700 |
| Lake Butler | 15,400 | $0 | X | $130,976 | 5,875 | $634,300 |
| Maitland | 15,751 | $1,167 | 3.7% | $74,974 | 8,137 | $345,300 |
| Ocoee | 35,579 | $1,180 | 7.3% | $61,653 | 12,802 | $213,000 |
| Orlando | 238,300 | $20,177 | 4.7% | $42,755 | 121,254 | $199,600 |
| Winter Garden | 34,568 | $839 | 6.9% | $65,424 | 13,260 | $247,600 |
| Winter Park | 27,852 | $1,168 | 3.8% | $57,432 | 13,626 | $363,500 |
Orange County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Orange County represents 50.3% 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 |
|---|---|---|---|---|---|---|
| Brevard County | 543,376 | $16,070 | 0.7% | $50,068 | 270,512 | $171,200 |
| Osceola County | 268,685 | $7,448 | 7.0% | $46,479 | 129,830 | $170,200 |
| Orange County | 1,145,956 | $53,843 | 4.9% | $49,731 | 492,209 | $211,100 |
| Seminole County | 422,718 | $12,124 | 1.9% | $58,908 | 182,625 | $225,500 |
| Lake County | 297,052 | $5,430 | 2.1% | $47,509 | 145,303 | $167,900 |
| Volusia County | 494,593 | $10,951 | 0.5% | $44,169 | 254,981 | $172,100 |
| Sumter County | 93,420 | $1,120 | 8.8% | $44,817 | 55,988 | $186,800 |
| Total | 3,369,551 | $106,985 | 3.7% | $48,812 | 1,531,448 | $186,400 |
Ocoee Real Estate
There are 13,953 properties in Ocoee. 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 | 55 | 0.39 | 1 | $390,000 | $163 | June 1st, 2014 | June 1st, 2014 |
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 356 | 2.55 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 3 | 0.02 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 91 | 0.65 | 4 | $330,000 | $134 | May 1st, 2014 | July 1st, 2014 |
| Miscellaneous Property | 37 | 0.27 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 371 | 2.66 | 8 | $18,750 | $29 | January 1st, 2014 | August 1st, 2014 |
| Multifamily | 45 | 0.32 | 5 | $275,000 | $64 | January 1st, 2014 | August 1st, 2014 |
| Office | 180 | 1.29 | 1 | $410,000 | $150 | April 1st, 2014 | April 1st, 2014 |
| Residential | 12,606 | 90.35 | 609 | $150,000 | $71 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 172 | 1.23 | 11 | $1,100,000 | $103 | January 1st, 2014 | June 1st, 2014 |
| Senior Housing | 3 | 0.02 | 0 | n/a | n/a | n/a | n/a |
| Special Purpose | 31 | 0.22 | 0 | n/a | n/a | n/a | n/a |
| Sports & Entertaining | 3 | 0.02 | 0 | n/a | n/a | n/a | n/a |
Agricultural Real Estate in Ocoee, Florida
55( .39%) of the properties in Ocoee are classified as Agricultural. 1 of them sold between June 1st, 2014 and June 1st, 2014. The total value of these sales was $390,000. The median sales price was $390,000. In 2014 the median sales price for Agricultural in Ocoee was $163 per sq ft.
Commercial Real Estate in Ocoee, Florida
0( .00%) of the properties in Ocoee are classified as Commercial.
Government Real Estate in Ocoee, Florida
356( 2.55%) of the properties in Ocoee are classified as Government.
Hotel & Motel Real Estate in Ocoee, Florida
3( .02%) of the properties in Ocoee are classified as Hotel & Motel.
Industrial Real Estate in Ocoee, Florida
91( .65%) of the properties in Ocoee are classified as Industrial. 4 of them sold between May 1st, 2014 and July 1st, 2014. The total value of these sales was $1,320,000. The median sales price was $330,000. In 2014 the median sales price for Industrial in Ocoee was $134 per sq ft.
Miscellaneous Real Estate in Ocoee, Florida
37( .27%) of the properties in Ocoee are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Ocoee, Florida
371( 2.66%) of the properties in Ocoee are classified as Mobile/Manufactured. 8 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $587,500. The median sales price was $18,750. In 2014 the median sales price for Mobile/Manufactured in Ocoee was $29 per sq ft.
Multifamily Real Estate in Ocoee, Florida
45( .32%) of the properties in Ocoee are classified as Multifamily. 5 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $27,510,100. The median sales price was $275,000. In 2014 the median sales price for Multifamily in Ocoee was $64 per sq ft.
Office Real Estate in Ocoee, Florida
180( 1.29%) of the properties in Ocoee are classified as Office. 1 of them sold between April 1st, 2014 and April 1st, 2014. The total value of these sales was $410,000. The median sales price was $410,000. In 2014 the median sales price for Office in Ocoee was $150 per sq ft.
Residential Real Estate in Ocoee, Florida
12,606( 90.35%) of the properties in Ocoee are classified as Residential. 609 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $93,579,886. The median sales price was $150,000. In 2014 the median sales price for A Class Residential in Ocoee was $100 per sq ft, B Class properties sold for $71/ft and C Class $43/ft.
Residential Real Estate in Ocoee, Florida
0( .00%) of the properties in Ocoee are classified as Residential.
Retail Real Estate in Ocoee, Florida
172( 1.23%) of the properties in Ocoee are classified as Retail. 11 of them sold between January 1st, 2014 and June 1st, 2014. The total value of these sales was $27,517,700. The median sales price was $1,100,000. In 2014 the median sales price for Retail in Ocoee was $103 per sq ft.
Senior Housing Real Estate in Ocoee, Florida
3( .02%) of the properties in Ocoee are classified as Senior Housing.
Special Purpose Real Estate in Ocoee, Florida
31( .22%) of the properties in Ocoee are classified as Special Purpose.
Sports & Entertaining Real Estate in Ocoee, Florida
3( .02%) of the properties in Ocoee are classified as Sports & Entertaining.
Ocoee, Orange County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 52 | 55,573 |
| Government Property | 360 | 1,161,923 |
| Hotel & Motel | 3 | 146,891 |
| Industrial | 90 | 2,119,352 |
| Land | 1,186 | 16,743 |
| Miscellaneous Property | 7 | 1,410 |
| Mobile/Manufactured | 367 | 337,759 |
| Multifamily | 43 | 1,502,937 |
| Office | 177 | 421,151 |
| Residential | 13,358 | 26,463,058 |
| Retail | 164 | 3,560,438 |
| Senior Housing | 3 | 147,780 |
| Special Purpose | 32 | 395,360 |
| Sports & Entertaining | 2 | 34,522 |
Ocoee Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Auto sales, auto repair and storage or auto service shop | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Church | 2016 | $213 | $21 | $69 | $15 | $35 | $10 |
| Club, lodge or union hall | 2016 | $213 | $21 | $69 | $15 | $35 | $10 |
| Community Shopping Center | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Condominium | 2016 | $113 | $16 | $83 | $16 | $76 | $16 |
| County Owned | 2016 | $213 | $27 | $69 | $25 | $35 | $16 |
| Dairies, feed lots | 2016 | $213 | $27 | $69 | $15 | $35 | $9 |
| Department Store | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Drive-in Restaurant | 2016 | $416 | $35 | $167 | $15 | $100 | $8 |
| Enclosed theater or auditorium | 2016 | $543 | $37 | $155 | $17 | $70 | $7 |
| Federal Owned | 2016 | $213 | $27 | $69 | $25 | $35 | $16 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Forest, park or recreational area | 2016 | $213 | $27 | $69 | $25 | $35 | $16 |
| Government Undefined | 2016 | $213 | $27 | $69 | $25 | $35 | $16 |
| Grazing land soil capability Class II | 2016 | $213 | $27 | $69 | $15 | $35 | $9 |
| Home for the aged | 2016 | $213 | $15 | $69 | $10 | $35 | $9 |
| Hospital | 2016 | $213 | $27 | $69 | $25 | $35 | $16 |
| Hotel or motel | 2016 | $543 | $33 | $155 | $33 | $70 | $33 |
| Improved agricultural | 2016 | $213 | $27 | $69 | $15 | $35 | $9 |
| Light Manufacturing,Small Equipt.Mfg. Plants,Sm.Machine Shops,Instrument Mfg., | 2016 | $404 | $11 | $152 | $7 | $46 | $6 |
| Light manufacturing | 2016 | $543 | $11 | $155 | $7 | $70 | $6 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Mobile Home | 2016 | $74 | $6 | $39 | $6 | $24 | $6 |
| Mortuary, cemetery or crematorium | 2016 | $213 | $21 | $69 | $15 | $35 | $10 |
| Multi-family - 10 units or more | 2016 | $185 | $12 | $90 | $10 | $53 | $7 |
| Multi-family - less than 10 units | 2016 | $185 | $12 | $90 | $10 | $53 | $7 |
| Municipal Owned | 2016 | $213 | $27 | $69 | $25 | $35 | $16 |
| Nightclub, cocktail lounge or bar | 2016 | $543 | $37 | $155 | $17 | $70 | $7 |
| Office building, non-professional service building, multi-story | 2016 | $416 | $26 | $167 | $24 | $100 | $20 |
| Office building, non-professional service building, one story | 2016 | $416 | $26 | $167 | $24 | $100 | $20 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $213 | $11 | $69 | $7 | $35 | $6 |
| Orchard Groves, Citrus, etc. | 2016 | $213 | $27 | $69 | $15 | $35 | $9 |
| Ornamentals, miscellaneous agricultural | 2016 | $213 | $27 | $69 | $15 | $35 | $9 |
| Orphanage, other non-profit or charitable services | 2016 | $213 | $21 | $69 | $15 | $35 | $10 |
| Packing plant (fruit and vegetable or meat packing) | 2016 | $543 | $11 | $155 | $7 | $70 | $6 |
| Poultry, bees, tropical fish, rabbits, etc. | 2016 | $213 | $27 | $69 | $15 | $35 | $9 |
| Private school or college | 2016 | $213 | $21 | $69 | $15 | $35 | $10 |
| Professional service building | 2016 | $416 | $26 | $167 | $24 | $100 | $20 |
| Public county school | 2016 | $213 | $27 | $69 | $25 | $35 | $16 |
| Regional Shopping Center | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Repair service shop (excluding automotive) | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Restaurant, cafeteria | 2016 | $416 | $35 | $167 | $15 | $100 | $8 |
| Service station | 2015 | $389 | $35 | $139 | $16 | $58 | $8 |
| Single Family | 2016 | $117 | $16 | $95 | $16 | $70 | $16 |
| Single Family Residence | 2016 | $404 | $16 | $152 | $16 | $46 | $16 |
| Store, one story | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Supermarket | 2016 | $543 | $35 | $155 | $15 | $70 | $8 |
| Timberland - site index 90 and above | 2016 | $213 | $27 | $69 | $15 | $35 | $9 |
| Townhouse | 2016 | $404 | $16 | $152 | $16 | $46 | $16 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $185 | $16 | $90 | $16 | $53 | $16 |
| Utility | 2016 | $213 | $42 | $69 | $15 | $35 | $6 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $213 | $11 | $69 | $7 | $35 | $6 |