Living in Oak Ridge, Tennessee
Cost of living, income, home prices, rent and demographics of Oak Ridge · Census data 2020–2024
Oak Ridge has 32,693 residents with a median age of 39.3. The median household income is $72,311 (4% higher than the Tennessee median), the median home value is $270,200, the median rent is $1,131/month.
Oak Ridge at a glance
- Population
- 32,693
- Median age
- 39.3State: 38.9
- Median household income
- $72,311State: $69,595
- Median home value
- $270,200State: $286,700
- Median rent
- $1,131/moState: $1,189
- Homeowners
- 65.8%
- Bachelor's degree or higher
- 40.2%
- Average commute
- 22 min
Is Oak Ridge a good place to live?
Pros: Median household income 4% higher than the Tennessee median; home values 6% lower than the state median; an average commute of 22 minutes; unemployment of 3.8%; a poverty rate of 12.2%.
The weather is best in April–May and September–October.
Cost of living in Oak Ridge
Housing is the biggest part of the cost of living. In Oak Ridge the median home value is $270,200, 19% lower than the U.S. median. Renters pay a median of $1,131 per month, which is 27.2% of household income. Homeowners with a mortgage pay $1,563 a month in housing costs.
Oak Ridge median household income
The median household income in Oak Ridge is $72,311 and the income per person is $42,285. 12.2% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Oak Ridge: homes for sale and rent
- Housing units
- 15,279
- Owner-occupied
- 65.8%
- Renter-occupied
- 34.2%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.30
Oak Ridge demographics
- Population
- 32,693
- Median age
- 39.3
- Under 18
- 23.3%
- 65 and older
- 19.6%
- Households
- 14,015
- Foreign-born
- 5.8%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Oak Ridge ›
Education in Oak Ridge
40.2% of adults 25 and older in Oak Ridge have a bachelor's degree or higher (Tennessee: 31.1%), and 18.2% have a graduate or professional degree.
Jobs and commute in Oak Ridge
- Unemployment rate
- 3.8%State: 4.7%
- Average commute
- 22 minState: 26 min
- Work from home
- 16.3%
- Drive alone
- 70.8%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 94.5%
Oak Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oak Ridge | 32,693 | $72,311 | $270,200 | $1,131 |
| Oliver Springs | 3,281 | $51,183 | $180,900 | $523 |
| Farragut | 24,634 | $142,093 | $583,400 | $1,966 |
| Coalfield | 2,754 | $90,104 | $190,200 | — |
| Karns | 4,115 | $100,043 | $328,600 | $1,765 |
| Lenoir City | 11,110 | $67,259 | $252,400 | $932 |
| Clinton | 10,239 | $68,882 | $225,000 | $962 |
| Kingston | 6,224 | $71,675 | $220,000 | $716 |
| Oakdale | 175 | $62,083 | $103,100 | — |
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, TN?
The median household income in Oak Ridge is $72,311, 4% higher than the Tennessee median of $69,595 (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 $270,200, compared with $286,700 in Tennessee.
How much is rent in Oak Ridge?
The median gross rent in Oak Ridge is $1,131 per month, about 27.2% of household income.
Is Oak Ridge, TN a good place to live?
Pluses: median household income 4% higher than the Tennessee median; home values 6% lower than the state median; an average commute of 22 minutes; unemployment of 3.8%; a poverty rate of 12.2%.
What is the median age in Oak Ridge?
The median age in Oak Ridge is 39.3 years (Tennessee: 38.9).
How long is the commute in Oak Ridge?
The average commute to work in Oak Ridge is 22 minutes; 16.3% of workers work from home.
What is the unemployment rate in Oak Ridge?
The unemployment rate in Oak Ridge is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oak Ridge?
40.2% 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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