Why Invest In Ocala Real Estate?

The City of Ocala is located in Marion County, Florida.include Emergency One (which manufactures fire
The city is also the county seat of Marion County.rescue vehicles), Closet Maid (producer of vinyl coated
The city's surrounding farms and residences areshelving), Cingular Wireless (call center), KMart
famous for their thoroughbred horses, and they have(distribution center), Mark IV (automotive hoses),
a terrain similar to Kentucky bluegrass. Ocala is alsoLockheed Martin (circuit boards), Signature Brands
known for nearby Silver Springs, which is the site of(cake decoration manufacturer/Hero), Taylor, Bean
one of the largest artesian spring formations in the& Whitaker Mortgage Corp, as well as On Top of
world, and Silver Springs Nature Theme Park, which isthe World Communities Inc. (an adult retirement
one of the earliest tourist attractions in Florida.community).
The city's median household is currently pegged atOcala Is A Haven For Horse And Nature Lovers, As
$30,888, and the median income for a family wasWell As Property Investors
$38,190. The per capita income for the city wasThe city prides itself as a perfect haven for horse
$18,021. Around 13.2% of families and 18.1% of the totallovers. The area is famed for its hundreds of fenced
population were below the poverty line, including 28.6%horse farms, lovely rolling terrain and thousands of
of those under age 18 and 9.8% of those age 65 oracres of green pastures. The city is blessed with
over.adequate groundwater and has a limestone soil, which
Ocala Has Experienced Rapid Growthis good for farming. Along with having prolific blend of
Ocala began undergoing rapid economic growth in theyear-round equine events, which include the famous
1970s with the construction of the Interstate 75 andH.I.T.S. (Horses In The Sun) winter circuit and regular
the founding of Disney World. In the final decades ofOcala Breeders Sales, a lot of outdoor activities are in
the twentieth century, the metropolitan Ocala area hasstore for visitors and real estate investors.
seen one of the highest growth rates in the countryHorseback riding is also a common activity here, with
for a city its size.access to the Cross-Florida Greenway and the Ocala
The population of Marion County in 2000 was overNational Forest, which offer lots of trails for visitors.
250,000, which was up from under 100,000 in 1975.Analysts estimate that the state's horse industry adds
Most of the county's growth is attributed to the city'sa whopping $6 billion to the annual economy of Florida,
increasing popularity as a retirement destination,which has created an estimated 72,000 jobs. Property
particularly in two areas southwest and south of theanalysts are also pointing out that the Ocala real
city.estate market is a thriving one, and is far from
In 1995, the city was named an All-America-Citycollapsing, as naysayers might forecast for other parts
winner. The city's major private-sector employersof the state.