What is the average household income in Ocala Florida?

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asked Oct 15, 2023 in Other-Finance by MaryBurke (4,780 points)
What is the average household income in Ocala Florida?

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answered Apr 7 by Markbob (13,540 points)
The average household income in Ocala Florida is $53,520.00 and the per capita income in Ocala Florida is $32,629.00

Some peoples income in Ocala Florida is as low as $12,000.00 to $15,000.00 to $20,0000.00

And the poverty rate in Ocala Florida is 18.2 percent and the cost of Living in Ocala Florida is 7 percent lower than the state average and 8 percent lower than the national average of cost of living.

Housing costs in Ocala are somewhat expensive but are also 15 percent cheaper than the U.S. average and utilities in Ocala Florida are around 15 percent less pricey than the U.S. average.

The reason why they call Ocala Florida Brick City is due to a devastating fire that occurred on Thanksgiving Day in the year of 1882 which destroyed much of the Ocala Florida downtown area and prompted the city to rebuild with granite, brick and steel instead of lumber.

The fire in Ocala Florida that occurred on Thanksgiving day in 1883 swept through the heart of Ocala Florida and destroyed 4 blocks of buildings which included the courthouse as well as 5 hotels and the main businesses on the east city of Ocala Florida.

In rebuilding, brick and other fire resistant materials were used instead of lumber which is why Ocala came to be known as Brick City which is a name still used today.

Ocala Florida is also famous for being known as the "Horse Capital of the World".

Ocala Florida is famous for being the "Horse Capital of the World" as a result of it's extensive equine industry, that boasts numerous thoroughbred farms and training centers along with hosting major horse competitions.

Ocala Florida and Marion County is also home to around 35,000 thoroughbred horses as well as 1,200 horse farms and training centers.

The area of Ocala Florida also hosts several national as well as international horse competitions, which also include the Horse Shows in the Sun (HITS) Ocala Winter Circuit and the Live Oak International.

And it's also home to the World Equestrian Center which is a major equestrian complex.

Ocala Florida is also a well known training ground for champion horses which include Horses of the Year, Breeder's Cup champions and the Kentucky Derby winners.

Ocala Florida also has the Florida Horse Park which is an official training site for the U.S. Equestrian Team and hosts nationally recognized 3 day events and also international and Olympic level equine sports competitions.

Ocala Florida also has attractions such as the College of Central Florida, Rainbow Springs State Park, Silver Springs State Park and the Ocala National Forest as well as it's own Hollywood Walk of Fame which honors equine champions that are connected to Ocala and the county.

There is also the Santos Mountain Bike Trails that are south of Ocala Florida.

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