Oak Ridge, TN Community Information

Oak Ridge, TN Homes for Sale

Oak Ridge, TN Community Information

Population

28,064

Median Age

45.3

Median Household Income

$53,082

Households with Children

39.44%

Median Travel Time to Work

20 minutes

Oak Ridge, TN Real Estate Market Information

Homes Owned

65.35%

Homes Rented

27.63%

Homes Vacant

7.03%

Oak Ridge, TN Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Oak Ridge, TN School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 28,064
  • Total Male Population 13,310
  • Total Female Population 14,754
  • Population change since 2000 1.58%
  • Median age 45.3
  • Percent of households with children 39.44%
  • Personal Crime risk 113

Transportation

  • Median travel time to work 20 minutes
  • Percent using Public transportation 0.40%
  • Percent Driving/Using Carpool 94.01
  • Percent Using Other transportation 2.25%
  • Percent Working From Home 3.34%

Education Levels

  • Some high school 8.65%
  • High school graduate 24.18%
  • Some college 19.81%
  • Associate degree 7.12%
  • Bachelor's degree 21.14%
  • Graduate degree 19.10%

Occupation

  • Agriculture, forestry, and fishing 0.23%
  • Construction 4.83%
  • Manufacturing 7.00%
  • Wholesale Trade 1.60%
  • Retail Trade 8.50%
  • Finance, insurance and real estate 4.55%
  • Services 3.80%
  • Public administration 3.93%
  • Information 1.73%
  • Professional 29.07%
  • Education 24.71%
  • Arts 6.56%

Income

  • Average household income $71,492
  • Income change since 2000 23.25%

Climate

  • Avg. January high/low temp 46.71 / 27.05
  • Avg. July high/low temp 87.87 / 65.98
  • Annual precipitation 55.04
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