34473, Ocala, FL

The 34473 zip code of Ocala, FL is home to a population of over 100,000 people. The median household income in this zip code is $50,000, and the median home value is $183,500. Over 60% of homes in this zip code are owner-occupied. The average credit score for residents in this zip code is 740. Home equity and home prices are important factors to consider when looking at purchasing a home in this area.

Home equity refers to the amount of money that homeowners have left over after paying off their mortgages and other debts related to their homes. Home prices refer to the price at which homes are sold or rented. When comparing home values between different zip codes, it's important to take into account factors such as population density, commute time, and school quality.

In the 34473 zip code of Ocala, FL, there are a number of factors that contribute to high home values:

Over 60% of homes in this zipcode are owner-occupied , which contributes to high home values because there is demand for properties here . This demand is due to the high median household income ($50K) and low unemployment rate (3%) in this area . Additionally , there is a strong market for single family homes due to the limited availability of apartments within commuting distance .

The average credit score for residents in this zipcode is 740 , indicating that most homeowners here have good credit ratings . This helps increase the demand for properties since potential buyers can afford more expensive mortgages without having too much debt overall . Additionally , low interest rates make it easier for buyers who have good credit scores to get approved for a mortgage .

There are also many affluent families living in the 34473 zip code . These families can afford higher priced homes because they earn higher incomes than average households elsewhere in Florida . In addition , many wealthy individuals choose Ocala as their primary residence because it has excellent schools and plenty of amenities (including an abundance of shopping options ).

All these factors together make Ocala one of the most desirable places to live in Florida – both now and into the future. As long as these trends continue, we can expect continued appreciation on our property values here!