Ocala/Marion County Florida Economy
Ocala/Marion County is fortunate to have a diverse and vibrant economy. A manufacturing base is strengthened with commercial and service sectors. The growing population and excellent training programs supply a steady workforce stream for employers. The mild climate, close proximity to universities and international airports and an available workforce blend together to attract new and expanding businesses to our community. This sustained economic growth and strong, stable economy continue to make Ocala/Marion County Great for Business, Great for Life!
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2004 Effective Buying Income – (EBI) - Marion County, Florida
| Total EBI | $4,572,648,000 |
| Median Household EBI | $30,819 |
| % of Households by EBI Group | |
| $20,000 - $34,999 | 20.3% |
| $35,000 - $49,999 | 18.7% |
| $50,000 and over | 22.9% |
Source: 2004 Survey of Buying Power
Building Permit Annual Activity - Marion County 2003
| Total Residential Value | $779,353,000 |
| Number of Permits | |
| Single Family | 5,841 |
| Multi-Family | 634 |
| 2004 Average Earnings Per Worker | $26,320 |
Source: 2004 Florida Statistical Abstract
| 2002 Median Household Income | $31,944 |
Source: 2004 Florida Statistical Abstract
Total Bank Deposits, 1998 - 2003
| 1998 | $2.48 billion |
| 1999 | $2.54 billion |
| 2000 | $2.60 billion |
| 2001 | $2.73 billion |
| 2002 | $2.93 billion |
| 2003 | $3.20 billion |
Source: 2004 Florida Statistical Abstract
2004 Retail Sales By Store Group - Marion County, Florida
| Total Retail Sales | $3,551,487,000 |
| Major Retail Store Groups | Total Amount |
| Food/Beverage Stores | $442,215,000 |
| Food Service/Drinking Establishment | $202,812,000 |
| General Merchandise | $750,607,000 |
| Furniture, Home Furnishings, Electronic & Appliances | $95,737,000 |
| Motor Vehicle and Parts Dealers | $865,470,000 |
Source: 2004 Survey of Buying Power
Gross and Taxable Retail Sales
| Year | Gross Sales | Taxable Sales |
| 1998 | $5.50 billion | $2.60 billion |
| 1999 | $6.60 billion | $2.83 billion |
| 2000 | $6.80 billion | $2.95 billion |
| 2001 | $7.04 billion | $3.04 billion |
| 2002 | $7.03 billion | $3.08 billion |
| 2003 | $7.50 billion | $3.37 billion |
Source: 2004 Florida Statistical Abstract
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