Area Insights of 34475, Ocala, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 4%, indicating a strong buyer interest. A total of 133 homes were sold with 45 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

34475, Ocala, FL

Date

04-18-2023

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

Destiny Leadership Academy

KG to 5

The Reading Clinic

T1 to 6

Middle School

Howard Middle School

6 to 8

Ratings

C-

High School

McSo Adults

8 to 12

Ratings

D-

Vanguard High School

9 to 12

Ratings

D

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 5% 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 (15,936)
7,868 Male
8,068 Female
Education
40% High School
6% Associate
13% Bachelor
5% Graduate
Age

Average Age is 38 Years

Household Details

The area's household landscape is diverse, with 48% owner-occupied homes and 52% renter-occupied properties. Family households represent 64% of the population, indicating a strong community focus on family living. The average home value stands at $293,789, which suggests ample demand for multi-bedroom properties.

Total Households
5,583
Average home value
$293,789
Owned
48%
Rented
52%
Vacant
10%
Families
64%
Married
31%
With children
31%

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 1% Asian, 43% Black, and 1% Native residents, alongside 42% White and 15% 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 15% of households earning over $100,000 annually, while 20% 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
1%
Healthcare
15%
Professional
2%
Education
7%
Services
33%
Labor
13%
Retail
20%
Other
9%
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