Property List - Norada Real Estate Investments

Horse Capital of the World

Horse Capital of the World

Ocala is a larger medium-sized city located in the state of Florida. With a population of 60,786 people and 39 constituent neighborhoods, Ocala is the 49th largest community in Florida.

Ocala is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Ocala is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in Ocala who work in sales jobs (13.16%), office and administrative support (12.87%), and management occupations (9.34%).

A relatively large number of people in Ocala telecommute to their jobs. Overall, about 7.35% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The education level of Ocala citizens is a little higher than the average for US cities and towns: 24.20% of adults in Ocala have at least a bachelor's degree.

The per capita income in Ocala in 2018 was $27,340, which is middle income relative to Florida and the nation. This equates to an annual income of $109,360 for a family of four. However, Ocala contains both very wealthy and poor people as well.

Ocala is an extremely ethnically diverse city. The people who call Ocala home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ocala residents report their race to be White, followed by Black or African-American. Ocala also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.73% of the city’s residents. Important ancestries of people in Ocala include German, Irish, English, Italian, and African.

The most common language spoken in Ocala is English. Other important languages spoken here include Spanish and French.

Ocala APPRECIATION RATE

TIME PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED TO State* COMPARED TO AMERICA*
Latest Quarter:
2023 Q3-2023 Q4
0.00% 0.00%
Last 12 Months:
2022 Q4-2023 Q4
0.00% 0.00%
Last 2 Years:
2021 Q4-2023 Q4
0.00% 0.00%
Last 5 Years:
2018 Q4-2023 Q4
0.00% 0.00%
Last 10 Years:
2013 Q4-2023 Q4
0.00% 0.00%
Since 2000: Q1-2023 Q4 0.00% 0.00%
*10 is the highest


RENT & OWNERSHIP

HOME OWNERSHIP RATE


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