Counties / Florida / Marion County

Marion County, FL

FIPS 12083 · population 400,078 · part of Ocala, FL

$274k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$274k
▼ 2.5% year over year
Zillow ZHVI · direct
Median asking rent
$1,599
▼ 0.2% year over year
Zillow ZORI · direct
Gross yield
7.0%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,373
market rent is 1.17x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

The annual signals disagree
FHFA five-year cumulative+63.2%not annualized · through 2025
0%ZILLOW ZHVI2026-06−2.5%FHFA HPI2025+0.8%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$243k
Surveyed gross rent$1,277
Rent burden 30%+52.7%
Median year built1993
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
12.4%vacant
188,277estimated housing units
Occupied tenure22.5% renter
owner 77.5%renter 22.5%
Structure mix70.2% single-family
Single-family 70.2%20+ units 2.2%Mobile home 18.2%Other 9.4%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs121,814▲ 1.9% from the prior annual release
Covered establishments10,364annual average reporting locations
Average weekly wage$1,049▲ 3.9% from the prior annual release
Largest private supersectorTrade, transportation, and utilities28.4% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.9%WEEKLY WAGE+3.9%Trade, transportation, and utilities28.4%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Marion County’s tension is a usable income screen alongside softer value evidence. At Zillow’s 2026-06 county observation, the median home value was $273,513, down 2.54% year over year, while the supplied gross yield was 7.02% before costs. Income-focused buyers able to verify property-specific hazard and operating costs should investigate; buyers relying on near-term resale or thin expense reserves should be cautious.

02Housing economics

The published median asking rent is $1,599 per month and is the measured market-rent input to the stated yield, not a lease-level guarantee. HUD’s two-bedroom FMR is $1,373, but it is a payment standard rather than an estimate of asking rent. The effective property-tax rate is 0.74%, with median annual tax of $1,806; neither insurance nor operating expenses are published, preventing a net-yield conclusion. FHFA’s 2025 repeat-transaction HPI rose 0.76% annually and 63.19% cumulatively over five years. Its method and vintage differ from Zillow’s county home-value observation, so these measures should not be averaged into one appreciation rate.

03Demand & competition

Realtor.com’s MLS listing-market evidence shows active inventory down 7.68% year over year, while median marketing time held at 78 days and 20.16% of listings had price reductions. These are visible supply, asking-price, and seller-concession measures—not closed-sale prices or proof of buyer demand. Tax-return migration shows net inflow of 5,929 households, with incoming average AGI exceeding outgoing average AGI by $11,741. Investor purchases were 783 of 8,402 total purchases, or 9.32%, indicating a measurable non-owner-occupant presence without identifying cash buyers or neighborhood-level competition.

04Risk & next checks

Hurricane is the dominant hazard, and modeled expected annual climate loss equals 0.18% of building value; this is a modeled county-level exposure, not a property-specific loss estimate. QCEW reports annual covered employment at county workplaces, not resident employment or an unemployment measure; Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. Next checks are wind and flood premiums, deductibles, elevation and claims history, current lease comparables, vacancy, condition, and assessment detail. Their absence prevents property-level cash-flow and net-yield underwriting.

Cities & communities

Where people live within Marion County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
The Villages CDP*83.5KOcala city66.6KSilver Springs Shores CDP28.5KLiberty Triangle CDP24.9KMarion Oaks CDP24KOn Top of the World CDP16KRainbow Springs CDP6.1KBelleview city5.8K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

18 Census places

Population
  1. 01
    The Villages CDPCensus-designated place · spans 2 counties
    83,498
  2. 02
    Ocala cityIncorporated place
    66,584
  3. 03
    Silver Springs Shores CDPCensus-designated place
    28,537
  4. 04
    Liberty Triangle CDPCensus-designated place
    24,888
  5. 05
    Marion Oaks CDPCensus-designated place
    23,972
  6. 06
    On Top of the World CDPCensus-designated place
    16,007
  7. 07
    Rainbow Springs CDPCensus-designated place
    6,082
  8. 08
    Belleview cityIncorporated place
    5,805
  9. 09
    Rainbow Lakes Estates CDPCensus-designated place · spans 2 counties
    3,762
  10. 10
    Silver Springs CDPCensus-designated place
    2,712
  11. 11
    Dunnellon cityIncorporated place
    2,216
  12. 12
    Rainbow Park CDPCensus-designated place
    2,056
Show 6 more places
  1. 13
    Silver Springs Shores East CDPCensus-designated place
    1,777
  2. 14
    Ocala Estates CDPCensus-designated place
    1,705
  3. 15
    Lake Kerr CDPCensus-designated place
    1,697
  4. 16
    Ocklawaha CDPCensus-designated place
    1,586
  5. 17
    Reddick townIncorporated place
    573
  6. 18
    McIntosh townIncorporated place
    333

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardhurricane

0.180% of building value expected lost per year

Effective property tax0.74%

$1,806 median annual bill

02
DemandIRS SOI household flows
Net migration+5,929

15,821 in · 9,892 out

Arriving vs leaving income+$11,741

$65,836 arriving · $54,095 leaving

03
CompetitionHMDA financed purchases
Purchases by investors9.3%

783 of 8,402 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings3,625▼ 7.7% year over year
Median days on market78▲ 0.0% year over year
Listings price-reduced20.2%seller-concession signal
Median listing pricen/a▼ 0.3% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Bear case

What can break the county thesis

  1. Hurricane insurance availability, premiums, deductibles, or property condition could materially weaken the gross-yield case.
  2. Unpublished vacancy, repairs, management, utilities, and insurance costs prevent confirmation of net income.
  3. County-level value, migration, and listing indicators may not apply to the property’s neighborhood or asset type.
Underwriting questions

Before pricing a property

Is the published rent the same measure as HUD Fair Market Rent?

No. The record identifies median asking market rent separately from HUD’s two-bedroom payment standard.

What hazard should receive the first property-level review?

Hurricane exposure.

Which private supersector is the largest disclosed employer grouping?

Trade, transportation, and utilities.