Living in Oak Ridge, New Jersey
Cost of living, income, home prices, rent and demographics of Oak Ridge · Census data 2020–2024
Oak Ridge has 10,954 residents with a median age of 46.7. The median household income is $121,875 (18% higher than the New Jersey median), the median home value is $436,100, the median rent is $1,372/month.
Oak Ridge at a glance
- Population
- 10,954
- Median age
- 46.7State: 40.1
- Median household income
- $121,875State: $103,556
- Median home value
- $436,100State: $454,400
- Median rent
- $1,372/moState: $1,720
- Homeowners
- 86.5%
- Bachelor's degree or higher
- 42.8%
- Average commute
- 42 min
Is Oak Ridge a good place to live?
Pros: Median household income 18% higher than the New Jersey median; home values 4% lower than the state median; unemployment of 5.3%; a poverty rate of 5.8%.
Cons: An average commute of 42 minutes.
The weather is best in June to September.
Cost of living in Oak Ridge
Housing is the biggest part of the cost of living. In Oak Ridge the median home value is $436,100, 31% higher than the U.S. median. Renters pay a median of $1,372 per month, which is 29.8% of household income. Homeowners with a mortgage pay $2,706 a month in housing costs.
Oak Ridge median household income
The median household income in Oak Ridge is $121,875 and the income per person is $57,798. 5.8% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Oak Ridge: homes for sale and rent
- Housing units
- 4,423
- Owner-occupied
- 86.5%
- Renter-occupied
- 13.5%
- Vacant
- 1.7%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.51
Oak Ridge demographics
- Population
- 10,954
- Median age
- 46.7
- Under 18
- 18.6%
- 65 and older
- 17.8%
- Households
- 4,347
- Foreign-born
- 7.7%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Oak Ridge ›
Education in Oak Ridge
42.8% of adults 25 and older in Oak Ridge have a bachelor's degree or higher (New Jersey: 43.6%), and 14.8% have a graduate or professional degree.
Jobs and commute in Oak Ridge
- Unemployment rate
- 5.3%State: 6.3%
- Average commute
- 42 minState: 31 min
- Work from home
- 13.5%
- Drive alone
- 76.3%
- Public transit
- 1.8%
- Walk to work
- 1.5%
- Homes with broadband
- 96.8%
Oak Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oak Ridge | 10,954 | $121,875 | $436,100 | $1,372 |
| Jefferson | 20,587 | $119,836 | $428,200 | $1,480 |
| Newfoundland | 1,361 | $138,385 | $434,600 | $1,495 |
| Lake Telemark | 1,506 | $110,042 | $464,100 | — |
| Hibernia | 115 | $121,205 | $451,800 | — |
| Ogdensburg | 2,160 | $105,551 | $324,500 | $1,445 |
| Macopin | 2,170 | $139,864 | $389,800 | $1,917 |
| Sparta | 20,077 | $167,963 | $484,200 | $1,864 |
| Kinnelon | 10,013 | $187,438 | $706,400 | $2,282 |
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, NJ?
The median household income in Oak Ridge is $121,875, 18% higher than the New Jersey median of $103,556 (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 $436,100, compared with $454,400 in New Jersey.
How much is rent in Oak Ridge?
The median gross rent in Oak Ridge is $1,372 per month, about 29.8% of household income.
Is Oak Ridge, NJ a good place to live?
Pluses: median household income 18% higher than the New Jersey median; home values 4% lower than the state median; unemployment of 5.3%; a poverty rate of 5.8%. Minuses: an average commute of 42 minutes.
What is the median age in Oak Ridge?
The median age in Oak Ridge is 46.7 years (New Jersey: 40.1).
How long is the commute in Oak Ridge?
The average commute to work in Oak Ridge is 42 minutes; 13.5% of workers work from home.
What is the unemployment rate in Oak Ridge?
The unemployment rate in Oak Ridge is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oak Ridge?
42.8% 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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