Astor City is a small unincorporated village on the west bank of the St. Johns River in Lake County, Florida. The city has a population of 1,595. Its name is a nod to William B. Astor, Jr., who bought 12,000 acres of land in 1874. His grandfather, John Jacob Astor, was one of America's first multi-millionaires.
The Astor Index is up in the last year, but there are a number of reasons why this is so. For one thing, a strong local economy can increase profit from land, and buildings with a higher quality can attract more income than the surrounding buildings. Furthermore, many residents of Astor now seek modern building styles, which can accommodate contemporary tastes and demands. These factors can all contribute to an increase in the Astor Index.
The city has a large network of canals, which make it a desirable vacation destination for many tourists. It also has access to the St. Johns River, which is a large source of water. The town also lies within the boundaries of the Ocala National Forest. The area is home to the Blackwater Inn, a popular seafood restaurant. Now, it is a Drifters Riverfront, near local lodging facilities. While Astor is a small town, many residents commute to the larger Lake County towns or to the Daytona Beach area.
The city has a varied demographic makeup, with approximately 52.2% of residents being Non-Hispanic White, 4.7% of the population being black, 7.6% of households being headed by a woman and 14.3% by people of other races. The median age was 48 years old, and one-fifth of the population was over 65. While the city is mostly white, there are also Hispanic and Asian residents.