Real Estate Statistics

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

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.