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Housing Profile
Marion County, Florida
  • Population, 2016: 345754. Marion County ranks # 17 of Florida's 67 counties in population.
  • Households, 2016: 146060
  • Homeownership Rate, 2016: 76.9%. Statewide, Florida's homeownership rate is 67.8%.
Population Projections
  • In 2040, Marion County is projected to have a population of 451999, ranking it # 19 of Florida's 67 counties.

Projected Total Population, Marion County, 2010-2040

Place 2010 2016 2020 2025 2030 20352040
Marion County 331298 345754 367498 392804 414806 434700 451999
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, Florida, 2011-2015 American Community Survey

Place Median Gross RentState Median Gross Rent
Marion County, Florida 803 1002
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, 2011-2015 American Community Survey 5-Year Summary File
  • In Marion County and the surrounding metro area, the HUD Fair Market Rent in 2017, representing rent for a typical modest apartment, was $633 for a studio apartment, $675 for a one-bedroom, $820 for a two-bedroom, $1103 for a three-bedroom, and $1190 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, 2011-2015

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500-$1,999 $2,000-$2,499 $2,500-$2,999 $3,000-$3,499 $3,500 or More No Cash RentTotal
Marion County 248 630 2420 8784 10745 5527 575 49 198 0 13 3137 32326
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, 2011-2015 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, 2005-2015

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 20142015
Marion County Marion One to four-family (other than manufactured housing) 9700 9420 4798 2445 1875 2036 2026 3252 4131 4614 5403
Marion County Marion Manufactured housing 684 606 426 242 122 114 82 122 133 204 254
Marion County Marion Multifamily 7 6 4 1 1 0 3 4 5 3 24
Notes:  Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources:  Home Mortgage Disclosure Act data 2005-2015

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 2016, 51513 Marion County households (35%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 24608 households in Marion County (17%) pay more than 50% of income for housing.

Households by Cost Burden, Marion County, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 94547 26905 24608
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, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 78375 18856 15143
Renter 16172 8049 9465
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 $51500 in 2017.

Households by Income and Cost Burden, Marion County, 2016

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 1565 875 8868
30.01-50% AMI 4010 3807 7792
50.01-80% AMI 10741 8365 4830
80.01+% AMI 78231 13858 3118
Total 94547 26905 24608
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 61438 households in Marion County (42.1%) are headed by a person age 65 or older in 2016. In comparison, 30.1% of households statewide are headed by elderly persons.
  • 55044 of elderly households in Marion (89.6%) own their homes.
  • 17336 elderly households (28%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Marion County, 2016

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 44102 9774 7562
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, 2011-2015 American Community Survey

Place Number Share by Decade
2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
Marion County 1462 46650 34143 38858 23683 9569 5133 1649 2540 163687 0.9 28.5 20.9 23.7 14.5 5.8 5.7
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, 2011-2015 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), Marion County, 2011-2015 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 2104 1.6 1182 0.9 4895 3.0 5173 3.2
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, 2011-2015 American Community Survey 5-Year Summary File