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.

Median home value

Oak Ridge$280,200
Florida$359,000
United States$332,700

Median monthly rent

Oak Ridge$1,466
Florida$1,669
United States$1,413

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%).

Median household income

Oak Ridge$54,685
Florida$74,568
United States$80,734

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+

Race and ethnicity

White19.4%
Hispanic or Latino55.3%
Black32.6%
Asian2.9%

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.

Bachelor's degree or higher

Oak Ridge17.4%
Florida34.1%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Oak Ridge23,364$54,685$280,200$1,466
Sky Lake8,116$70,203$280,400$1,953
Tangelo Park2,404$68,076$235,400$1,435
Holden Lakes3,522$70,809$387,500$1,303
Edgewood2,758$81,481$501,800$1,487
Holden Heights3,286$48,750$195,700$1,273
Pine Castle10,371$49,761$331,800$1,361
Belle Isle7,444$104,559$526,600$1,452
Taft2,730$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.

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