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Ocala

Learn about the people, housing, costs and businesses in Ocala

Median Home$249,438
Median Rent$1,390/month
Population400,078
Leading IndustriesEducation · Wholesale Trade · Construction3% education
Home Value Growth⬆⬆+16.4% over 2 years
Retirees29% of residentstop 3% nationally
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
Ocala

Explore Ocala

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Ocala?›

Mortgage rates for Ocala are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Ocala?›

The median home value in Ocala is $249k. The median monthly rent is $1,390. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ocala?›

Home values in Ocala have increased 16.4% over the past two years. This indicates a strong appreciation trend. 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 Ocala?›

Based on a typical all-in ownership cost of $1,011/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ocala is $63k/year.

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What industries drive the economy in Ocala?›

The largest employment sectors in Ocala are public administration (21%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.