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Housing Profile
Marion County, Florida
  • Population, 2015: 341207. Marion County ranks # 17 of Florida's 67 counties in population.
  • Households, 2015: 143647
  • Homeownership Rate, 2015: 76.9%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Marion County is projected to have a population of 474400, ranking it # 19 of Florida's 67 counties.

Projected Total Population, Marion County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Marion County 331298 341207 372302 401103 427097 451398 474400
Notes:  Not Available.
Sources:  University of Florida Bureau of Economic and Business Research, Population Projections; U.S. Census Bureau, 2010 Decennial Census.
Housing Market

Existing Home Values (Based on County Property Appraisers' Just Value)

  • Single Family Home, average just value, 2016: $117486. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $36405.
  • Condominium, average just value, 2016: $46824.

Home Sales Prices

  • The average sales price for a single family home was $153427 in 2016. The median sales price that year was $130300, compared to a statewide median sales price of $212000.

    Source: Florida Department of Revenue, Sales Data Files

Median Sales Price for Single Family Homes and Condominiums, Marion County, 1996-2016

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016
Marion County Single Family Homes 74500 76900 80000 82000 85500 94500 115000 129650 137950 160400 190000 192000 160000 145000 130000 112000 112500 121650 127900 133000 130300
Marion County Condominiums 59000 61000 60000 57500 56500 57500 58950 60000 68650 95000 130000 119700 78000 65000 60000 45000 34250 37500 37000 43900 43000
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

Median Gross Rent, Marion County, 2010-2014 American Community Survey

Place Median Gross RentState Median Gross Rent
Marion County 819 998
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File
  • In Marion County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $546 for a studio apartment, $634 for a one-bedroom, $780 for a two-bedroom, $1047 for a three-bedroom, and $1090 for a four-bedroom unit.

    Source: U.S. Department of Housing and Urban Development, 2016 Fair Market Rents

Households by Monthly Rent Paid, Marion County, 2010-2014

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Marion County 259 500 2328 8454 10916 5901 905 2826 32089
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File

Manufactured Housing Parks and Condominiums

  • There are 84 licensed manufactured housing parks in Marion with 8161 lots in 2012.
  • There are 51 licensed condominium developments in Marion with 3744 units in 2012. Of these, 9 properties with 1124 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

Home Purchase Loans by Property Type, Marion County, 2005-2014

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Marion County Marion One to four-family (other than manufactured housing) 9700 9420 4798 2445 1875 2036 2026 3252 4131 4614
Marion County Marion Manufactured housing 684 606 426 242 122 114 82 122 133 204
Marion County Marion Multifamily 7 6 4 1 1 0 3 4 5 3
Notes:  Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources:  Home Mortgage Disclosure Act data 2005-2014

Foreclosures and Serious Delinquencies

  • The Ocala MSA had a foreclosure rate for 1-4 unit homes of 9.42% and a serious delinquency (90+ day) rate of 3.51% in September 2013.

    Source: Analysis of LPI Applied Analytics data by LISC, tabulated by the Urban Institute
Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2015, 50702 Marion County households (35%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 24226 households in Marion County (17%) pay more than 50% of income for housing.

Households by Cost Burden, Marion County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 92945 26476 24226
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.
Homeowners and Renters

Households by Homeowner/Renter Status and Cost Burden, Marion County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 77029 18546 14898
Renter 15916 7930 9328
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Household Income

  • In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In Marion County and the surrounding metro area, the HUD-estimated median income for a family of four is $47500 in 2016.

Households by Income and Cost Burden, Marion County, 2015

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 1532 858 8744
30.01-50% AMI 3932 3743 7657
50.01-80% AMI 10532 8232 4755
80.01+% AMI 76949 13643 3070
Total 92945 26476 24226
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 59874 households in Marion County (41.7%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 53653 of elderly households in Marion (89.6%) own their homes.
  • 16895 elderly households (28%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Marion County, 2015

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 42979 9523 7372
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Supply Characteristics

Single Family Home Size and Age

  • In 2016, the median size for a new single-family home in Marion County was 1677 square feet.

Year Structure Built, Marion County, 2010-2014 American Community Survey

Place Number Share by Decade
2000 or After 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2000 or After 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
Marion County 47705 35261 38408 23787 9357 5222 1511 2480 163731 29.1 21.5 23.5 14.5 5.7 5.6
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), Marion County, 2010-2014 American Community Survey

Place Persons Per Room House Heating Fuel Kitchen Facilities Plumbing Facilities
1.01 or More Persons per Room Share of Occupied Units (%) No Fuel Used Share of Occupied Units (%) Lacking Complete Facilities Share of Occupied Units (%) Lacking Complete FacilitiesShare of Occupied Units (%)
Marion County 2682 2.0 1073 0.8 5225 3.2 5021 3.1
Notes:  Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing.
American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File