How much is a home worth in ZIP code 34470?

The typical home in 34470 is worth $231,600, based on the Zillow Home Value Index.

Are home values rising in 34470?

Home values in 34470 are down 2.9% over the past year, and up 7.1% a year over five years.

What is the typical rent in 34470?

A typical home in 34470 rents for about $1,426 a month, a gross rental yield of 7.4%.

What is the property tax rate in 34470?

The effective property tax rate in 34470 is 0.7% — roughly $1,650 a year on a typical home.

ZIP code 34470 has a population of 22,443 and a median household income of $52,083.

HousingHandbookReference data

…

U.S. ZIP Code · FL34470

Marion County · Ocala, FL

Typical home value

$231,600^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.9%
5-year / yr: +7.1%
10-year / yr: +8.9%

Relative price

vs U.S.: -18.5%
vs metro: -20.6%
vs state: -33.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 34470 is worth $231,600 — 20.6% below the Ocala, FL median. Over the past year, values have fallen 2.9%. Homes here rent for a typical $1,426 a month — a 7.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,426^[2]
Gross yield: 7.4%^[2]
Cap rate: 4.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,650^[3]

#Climate risk

FEMA National Risk Index ratings for Marion County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively Moderate
Coastal flood: Very Low
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively High
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Very Low

#Who lives here

Population: 22,443^[3]
Median household income: $52,083^[3]

#Migration

Household moves in and out of Marion County over a year, from IRS tax-return data.

Net migration: +5,950^[5]
Moved in: 15,945
Moved out: 9,995

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 2
Middle: 1
High: 2

FORT KING MIDDLE SCHOOL
Middle · Grades 6–8 · MARION
993 students
WYOMINA PARK ELEMENTARY SCHOOL
Elementary · Grades PK–5 · MARION
579 students
OAKCREST ELEMENTARY SCHOOL
Elementary · Grades PK–5 · MARION
555 students
MARION COUNTY ACCELERATION ACADEMY
High · Grades 7–12 · MARION
341 students
NEW LEAF CENTER
Other · Grades K–12 · MARION
123 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.4%

Net yield (after ~40% expenses)4.4%

Annual rent$17,108

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,171

Loan principal$185,280

Down payment$46,320

Total interest paid$236,315

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.05

Monthly cost to own$1,501

Monthly rent$1,426

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 57th percentile^[1]
Rental yield: 38th percentile^[2]
Property tax: 39th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 34470?: The typical home in 34470 is worth $231,600, based on the Zillow Home Value Index.
Are home values rising in 34470?: Home values in 34470 are down 2.9% over the past year, and up 7.1% a year over five years.
What is the typical rent in 34470?: A typical home in 34470 rents for about $1,426 a month, a gross rental yield of 7.4%.
What is the property tax rate in 34470?: The effective property tax rate in 34470 is 0.7% — roughly $1,650 a year on a typical home.
Who lives in 34470?: ZIP code 34470 has a population of 22,443 and a median household income of $52,083.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

34479 vs 34470 →
Silver Springs CDP, FL
Typical home
$236,980
Gross yield
7.4%
34472 vs 34470 →
Silver Springs Shores CDP, FL
Typical home
$236,997
Gross yield
8.5%
32179
Silver Springs Shores East CDP, FL
Typical home
$243,949
Gross yield
—
34420
Belleview, FL
Typical home
$246,891
Gross yield
—
34475
Ocala, FL
Typical home
$209,247
Gross yield
7.6%
34488
Silver Springs CDP, FL
Typical home
$208,901
Gross yield
9.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 34470 against any other ZIP — full side-by-side table.

Compare 34470 →

#Jump to section

U.S. ZIP Code · FL34470

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