Area Insights of 34470, Ocala, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 366 homes were sold with 159 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

34470, Ocala, FL

Date

04-30-2023

Price Ratio

98%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Montessori Preparatory School of Ocala

PK to 5

Victory Academy Ocala

KG to 8

Middle School

Fort King Middle School

6 to 8

Ratings

D+

High School

Pace Center for Girls Inc.

6 to 12

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 16% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (23,238)
11,419 Male
11,819 Female
Education
33% High School
11% Associate
14% Bachelor
8% Graduate
Age

Average Age is 42 Years

Household Details

The area's household landscape is diverse, with 58% owner-occupied homes and 42% renter-occupied properties. Family households represent 55% of the population, indicating a strong community focus on family living. The average home value stands at $243,259, which suggests ample demand for multi-bedroom properties.

Total Households
10,236
Average home value
$243,259
Owned
58%
Rented
42%
Vacant
8%
Families
55%
Married
35%
With children
24%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 2% Asian, 15% Black, and 0% Native residents, alongside 69% White and 14% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 17% of households earning over $100,000 annually, while 29% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
13%
Professional
5%
Education
7%
Services
30%
Labor
16%
Retail
21%
Other
6%
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