What is the median home price in Oak Ridge?

The median home price in Oak Ridge, Oak Ridge city, Tennessee is $211,700, which is 25% below the national average of 281,900 ($281,900).

Oak Ridge, Oak Ridge city, Tennessee has a violent crime rate of 2.5 per 1,000 residents, which is 31% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 4.0 per 1,000 residents.

What is the Walk Score for Oak Ridge?

Oak Ridge, Oak Ridge city, Tennessee has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 14/100.

What is the median household income in Oak Ridge?

The median household income in Oak Ridge, Oak Ridge city, Tennessee is $67,152, which is 10% below the national average of 74,580 ($74,580).

What is the average rent in Oak Ridge?

The median rent in Oak Ridge, Oak Ridge city, Tennessee is $1,363 per month. The national average median rent is $1,163/month.

What is the air quality in Oak Ridge?

Oak Ridge, Oak Ridge city, Tennessee has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Oak Ridge?

The population of Oak Ridge, Oak Ridge city, Tennessee is approximately 31,535. The homeownership rate is 90.0% (national average: 65.9%).

What are the climate risks in Oak Ridge?

Oak Ridge, Oak Ridge city, Tennessee has an overall climate risk rating of "Relatively Low" with a risk score of 48.34. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Oak Ridge affordable?

Oak Ridge, Oak Ridge city, Tennessee has an affordability index of 102, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 9.9¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Oak Ridge?

The unemployment rate in Oak Ridge, Oak Ridge city, Tennessee is 5.6%. The national average unemployment rate is 3.7%. The poverty rate is 14.7% (national average: 12.4%).

Oak Ridge

Oak Ridge city, Tennessee

Affordable

About Oak Ridge

Thinking about a move to a place where your dollar stretches further? Welcome to Oak Ridge, Tennessee, a hidden gem nestled in the heart of the Volunteer State. This city offers an incredibly attractive lifestyle, especially when you consider the cost of living. Imagine owning a home for a median value of just $211,700—that's a steal compared to the national average. Here, you'll find a community of around 31,535 residents who appreciate affordability without sacrificing quality of life. Oak Ridge is a place where neighbors know each other and the pace of life feels just right.

From an investment perspective, Oak Ridge presents a compelling case. While the median household income is a respectable $67,152, the low home prices mean your money goes further, offering a great return on investment. The city is known for its safety and family-friendly atmosphere, making it ideal for those with children or anyone seeking a peaceful environment. Whether you're a first-time homebuyer, a retiree, or an investor looking for solid returns, Oak Ridge offers a welcoming community and a promising real estate market.

Oak Ridge, Tennessee at a Glance

Oak Ridge is a city in Oak Ridge city, Tennessee with a population of approximately 31,535. The median home value is $211,700 and the median household income is $67,152. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 2.5 per 1,000 residents, which is 31% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $1,363 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.