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Marion County, FL

Ocala

RANK #814 / 996 NAT  ·  #26 / 41 FL  ·  POP 378,225

1YR FORECAST: -0.7%

5YR OUTLOOK: +15%

Our model projects Marion County's housing market at -0.7% over the next year, underperforming most U.S. counties.

[01] Why Marion County?

Marion County, Florida, is widely recognized as the "Horse Capital of the World," with Ocala at its center. More than 1,200 thoroughbred farms and training centers contribute to this identity, creating a landscape of white-fenced paddocks and ancient live oaks. Located in north-central Florida, about 75 minutes southeast of Orlando and 75 minutes southwest of Tampa, the county offers a blend of rural charm and access to larger cities. The Ocala National Forest, Silver Springs, and Rainbow Springs provide extensive outdoor recreation, including hiking, biking, kayaking, and glass-bottom boat tours.

Life in Marion County offers a quieter pace, attracting many retirees. The public school system, Marion County Public Schools, serves over 45,000 students across 65 schools, including magnet and charter options. While a car is generally necessary for transportation, SunTran provides fixed-route bus service primarily within Ocala. The economy, historically reliant on agriculture and real estate, has diversified, with recent investments in logistics and industrial sectors. This growth has led to an increase in job opportunities, particularly in distribution.

[02] Market Snapshot

Housing Ratio
5.4x

Above national median (4.7x)

GDP Growth
+4.4%

Well above national median

Home Prices
-3.4%

Prices declining

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing is fairly valued at 5.4x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Marion County Public Schools Education
    5,000+
  2. 2
    AdventHealth Ocala Healthcare
    2,500+
  3. 3
    HCA Florida Hospitals Healthcare
  4. 4
    Walmart (combined) Retail
  5. 5
    FedEx Ground Logistics
    1,000+
  6. 6
    Publix Supermarkets (combined) Retail
  7. 7
    E-ONE, INC. Manufacturing
  8. 8
    Chewy.com Retail
  9. 9
    Lockheed Martin Manufacturing
  10. 10
    Marion County Board of County Commissioners Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Marion County U.S. National

The Numbers

DEMOGRAPHICS
Population
378,225
+2.12% YoY
Median Household Income
$55,265
Median Home Value
$194,900
-3.4% 12mo
Median Rent
$1,092
Average Annual Pay
$52,526
+4.9% YoY
Employment
119,528
+1.8% YoY
Income-to-Home-Value
0.2836
More affordable than average
Migration Inflow
2.86%
of pop. from another state
Bachelor's Degree+
22.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$275,000
Days on Market
94
Slower market
Months of Supply
5.5
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
11.4%
Listings w/ Price Drops
31.5%
Building Permits (2024)
6,729
Single-Family Permits
6,067

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
8.1
per 100K · nat avg 6.3
Firearm Fatalities
19.8
per 100K · nat avg 14.8
Injury Deaths
165.6
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
43.7
Good
Good Air Days
69%
757 of 1,093 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
42
2022
44
2023
45
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$6,348M
TOTAL
PROJECT AMOUNT STATUS
Stream Data Centers Campus (Project Liberty)
Stream Data Centers
$6,000M Proposed
Dunnellon Farms Solar
Renewable Management Services
$100M Completed
Amazon Distribution Center (3171 NW 44th Avenue)
Amazon
$98M Operating
Amazon Fulfillment Center (3400 NW 35th St. Road)
Amazon
$50M Operating
White Cap Distribution Center
White Cap / Boyd Mox Industrial
$50M Under Construction
SW 49th Avenue Corridor Capacity Project
Marion County
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +4.4% 78 percentile
Population Growth +2.1% 90 percentile
Income Growth +8.8% 57 percentile
Vacancy Rate 1.3% 35 percentile
Home Price Change -3.4% 8 percentile
Rent Growth +1.1% 21 percentile
Price/Rent 10x 89 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Marion County, FL a good place to move to?

The data is not encouraging — Marion County scores just 18/100 on the Boom Town Index, ranking #814 of 996 counties. Job growth at +1.8% and median household income of $55,265 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Marion County affordable?

Housing in Marion County is roughly in line with national affordability norms. The median home costs $194,900 and the income-to-home-value ratio sits at 0.28, with rents averaging $1,092/month. Not a bargain, but not a stretch for most local earners either.

Is Marion County growing or shrinking?

Marion County is growing on multiple fronts. Population is up +2.1% year-over-year while employers added jobs at a +1.8% clip. Home values shifted -3.4% in the past year.

Are people moving to Marion County?

There's a moderate stream of newcomers. About 2.86% of residents moved from another state, which is above average and suggests Marion County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Citrus County, FL 18 Monroe County, FL 18 Duval County, FL 19 Alachua County, FL 20 St. Johns County, FL 20 Collier County, FL 16 Berkeley County, SC 18 Ellis County, TX 18