Ocala is increasingly becoming a real estate hub for prospective homeowners looking for top-end, luxury properties. Charming, scenic and known for its Old Florida appeal, the mid-sized city is surrounded by hundreds of square miles of horse farms and rolling hills. The north-central city is catching the nation’s attention for its many major attractions and events.
Here are some population and real estate statistics about Ocala:
Demographics
- Population: 60,429 (+6.8%, 2010-2018)
- Median Age: 38.7
- Median Household Income: $39,238 (+3.83%)
- Home Ownership: 51.2%
- Ranked 2005’s 58th Best Place to Live
- Ocala’s two hospitals among top 50 in the U.S.
- Male population: 28,293 (49.1 percent)
- Female population: 29,293 (50.9 percent)
- Bachelor’s Degree or Higher: 22.8%
- Graduate or Professional: 8.2%
Business
- Marion County has 31,040 businesses with fewer than 10 employees, a positive indicator of robust economy
- The county has 7,122 businesses with 10-50 employees
- It has 1,512 with 50 and 250
- It has 126 with more than 250 employees
Income
- Marion County’s median family income: $ 47,614
- Per capita income: $22,432
Home Values
- Number of Single and Multi-Family Homes: 21,993
- Median Home Value: $151,037
- Average Home Ownership: 48.6%
- Average Renters: 51.4%
- Average Vacancy: 17.3%
Area Information
- Mean commute time: 18.8 minutes
- Unemployed: 7.5%
Rental Statistics
- Average Market Rent: $1,074/Month
Area Attractions
- World Equestrian Center
- Golden Ocala Golf & Equestrian Club
- Silver Springs Nature Theme Park
- The Canyons Zip Line & Canopy Tours
- Country Club of Ocala
SOURCES: DATA USA, Neighborhood Scout, City-Data
These are just a few statistics about real estate in Ocala. Contact Kathleen Miller to learn more about the real estate opportunities and finding, selling or renting a home in Ocala and Marion County.