Marion County
Florida · Pop. 393,190
Ranked #89 of 200 counties
44Moderate
Median Home Price
🏠$260K
5.0% YoY
Median Rent
🔑$1,300
Median Income
💰$45K
Rent Burden
📊34.0%
% of income to rent
Housing Shortage
🏗️8,000
estimated unit deficit
Building Permits (2024)
📋4,500
Price-to-Income Ratio
⚖️5.8x
Homeownership Rate
🏡72.0%
How Marion County Compares
| Metric | Marion County | Florida | National |
|---|---|---|---|
| Home Price | $260K | $381K | $410K |
| Rent | $1,300 | $1,719 | $1,500 |
| Income | $45K | $73K | $75K |
| Rent Burden | 34.0% | 37.8% | 30.0% |
| Homeownership | 72.0% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 37% below the national average.
- • Rent is 13% below the national average.
- • The county has an estimated housing shortage of 8,000 units.
- • 4,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.0%.