Living in Oak Ridge, Florida
Cost of living, income, home prices, rent and demographics of Oak Ridge · Census data 2020–2024
Oak Ridge has 23,364 residents with a median age of 34.4. The median household income is $54,685 (27% lower than the Florida median), the median home value is $280,200, the median rent is $1,466/month.
Oak Ridge at a glance
- Population
- 23,364
- Median age
- 34.4State: 42.6
- Median household income
- $54,685State: $74,568
- Median home value
- $280,200State: $359,000
- Median rent
- $1,466/moState: $1,669
- Homeowners
- 34.1%
- Bachelor's degree or higher
- 17.4%
- Average commute
- 31 min
Is Oak Ridge a good place to live?
Pros: Home values 22% lower than the state median.
Cons: Median household income 27% lower than the Florida median; an average commute of 31 minutes; unemployment of 7.9%; a poverty rate of 25.3%.
The weather is best in February–March and November–December.
Cost of living in Oak Ridge
Housing is the biggest part of the cost of living. In Oak Ridge the median home value is $280,200, 16% lower than the U.S. median. Renters pay a median of $1,466 per month, which is 35.3% of household income. Homeowners with a mortgage pay $1,670 a month in housing costs.
Oak Ridge median household income
The median household income in Oak Ridge is $54,685 and the income per person is $21,872. 25.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Oak Ridge: homes for sale and rent
- Housing units
- 8,932
- Owner-occupied
- 34.1%
- Renter-occupied
- 65.9%
- Vacant
- 10.7%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.93
Oak Ridge demographics
- Population
- 23,364
- Median age
- 34.4
- Under 18
- 23.4%
- 65 and older
- 11.9%
- Households
- 7,976
- Foreign-born
- 42%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Oak Ridge ›
Education in Oak Ridge
17.4% of adults 25 and older in Oak Ridge have a bachelor's degree or higher (Florida: 34.1%), and 4.7% have a graduate or professional degree.
Jobs and commute in Oak Ridge
- Unemployment rate
- 7.9%State: 4.8%
- Average commute
- 31 minState: 28 min
- Work from home
- 4.7%
- Drive alone
- 62.1%
- Public transit
- 5.2%
- Walk to work
- 4.6%
- Homes with broadband
- 86.1%
Oak Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oak Ridge | 23,364 | $54,685 | $280,200 | $1,466 |
| Sky Lake | 8,116 | $70,203 | $280,400 | $1,953 |
| Tangelo Park | 2,404 | $68,076 | $235,400 | $1,435 |
| Holden Lakes | 3,522 | $70,809 | $387,500 | $1,303 |
| Edgewood | 2,758 | $81,481 | $501,800 | $1,487 |
| Holden Heights | 3,286 | $48,750 | $195,700 | $1,273 |
| Pine Castle | 10,371 | $49,761 | $331,800 | $1,361 |
| Belle Isle | 7,444 | $104,559 | $526,600 | $1,452 |
| Taft | 2,730 | $55,735 | $163,000 | $1,512 |
More for people moving to Oak Ridge
Oak Ridge ZIP code ›Weather and climate ›Living in Oak Ridge: FAQ
What is the median household income in Oak Ridge, FL?
The median household income in Oak Ridge is $54,685, 27% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oak Ridge?
The median home value in Oak Ridge is $280,200, compared with $359,000 in Florida.
How much is rent in Oak Ridge?
The median gross rent in Oak Ridge is $1,466 per month, about 35.3% of household income.
Is Oak Ridge, FL a good place to live?
Pluses: home values 22% lower than the state median. Minuses: median household income 27% lower than the Florida median; an average commute of 31 minutes; unemployment of 7.9%; a poverty rate of 25.3%.
What is the median age in Oak Ridge?
The median age in Oak Ridge is 34.4 years (Florida: 42.6).
How long is the commute in Oak Ridge?
The average commute to work in Oak Ridge is 31 minutes; 4.7% of workers work from home.
What is the unemployment rate in Oak Ridge?
The unemployment rate in Oak Ridge is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oak Ridge?
17.4% of adults in Oak Ridge have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: