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Marion Oaks

Learn about the people, housing, costs and businesses in Marion Oaks, Florida

Median Home$261,081
Median Rent$1,706/month
Population23,588
Leading IndustriesInformation & Media · Manufacturing · Transportation8% information & media
Home Value Growth+3.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
Marion Oaks
FL

Frequently Asked Questions

What are today's mortgage rates in Marion Oaks?

As of today, the 30-year fixed mortgage rate for Marion Oaks is approximately 6.996% (7.036% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Marion Oaks?

The median home value in Marion Oaks is $261k. The median monthly rent is $1,706. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marion Oaks?

Home values in Marion Oaks have increased 3.0% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Marion Oaks?

Based on a typical all-in ownership cost of $1,097/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marion Oaks is $70k/year.

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What industries drive the economy in Marion Oaks?

The largest employment sectors in Marion Oaks are public administration (22%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.