Marion County, FL

Comprehensive housing, income, and cost of living data for Marion County, Florida. Population: 378.2K.

Median Home Price
$286.6K

Based on 23 cities

Median Household Income
$58.5K

Annual household income

Price-to-Income Ratio
4.9x

Moderately affordable

Salary Needed to Buy
$73.2K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,659

Average annual amount

Effective Tax Rate
0.58%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,449
Property Tax$138
Insurance$119
Total Monthly$1,707
Historical Home Prices
2015
$126.4K
2016
$137.0K
+8.4%%
2017
$150.0K
+9.5%%
2018
$161.2K
+7.5%%
2019
$171.4K
+6.4%%
2020
$188.8K
+10.1%%
2021
$234.9K
+24.4%%
2022
$285.7K
+21.6%%
2023
$284.0K
-0.6%%
2024
$281.6K
-0.9%%
2025
$271.4K
-3.6%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.5%%

Below national average

Population Density
238

People per square mile

Homicide Rate
7.7

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
66.8%
Black
12.2%
Hispanic
15.9%
Asian
1.5%
Two or More Races
3%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
71°F

Annual average

Sunny Days
213

Days per year

Annual Rainfall
52.0"

Inches per year

Natural Disaster Risk
High Risk

Score: 95/100

January Low
21°F

Average winter low

July High
85°F

Average summer high

Frequently Asked Questions

What is the median home price in Marion County, FL?

The median home price in Marion County, Florida is $286.6K. The price-to-income ratio is 4.9x, meaning the median home costs 4.9 times the median household income.

What salary do you need to buy a home in Marion County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $73.2K per year to buy the median home in Marion County, FL. Monthly housing costs break down to $1,449 for mortgage, $138 for property tax, and $119 for insurance.

What is the property tax rate in Marion County?

The effective property tax rate in Marion County is 0.58%, which comes to approximately $1,659 per year on the median home.

What is the median household income in Marion County?

The median household income in Marion County, Florida is $58.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.5%%.

Is Marion County a good place to live?

Marion County, Florida has a population of 378.2K. Housing affordability is moderate with a price-to-income ratio of 4.9x. The climate averages 71 degrees F with 213 sunny days per year. Compare Marion County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.