Located in the state of Tennessee, Oak Ridge is a moderately-sized city with a population of 29,285 residents. According to the most recent Census, 84% of Oak Ridge residents are White, 8% Black and 3% Asian. Oak Ridge has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 72% of the population is classified as married and 65% have kids.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Oak Ridge could be a positive experience compared to other cities in Tennessee if you know where to search. Using the livability score which includes data from categories like amenities, cost of living, weather, you can easily compare the best places to live in Oak Ridge and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Oak Ridge to Tennessee and the national average.
The livability score in Oak Ridge is 70 out of 100 and the city is ranked in the 64th percentile of all cities across America. There are seven total categories that generate the livability score. Oak Ridge ranks well for amenities (A+), cost of living (B+) and education (B). Oak Ridge does not rank well for the following: crime (F), employment (D) and housing (F). It might be a good idea to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Oak Ridge has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: American Museum of Science & Energy, Children's Museum of Oak Ridge, and Coal Creek Motor Discovery Trail.
Oak Ridge real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Oak Ridge. The median home price for Oak Ridge homes is $149,900, which is 2.7% higher than the Tennessee average. If we take a closer look at the affordability of homes in Oak Ridge, we’ll see that the home price to income ratio is 3.1, which is 0% lower than the Tennessee average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Oak Ridge were 7.7%, and the 5 year appreciation rates came in at 3.3%.
|Average one way commute||20min||25min||26min|
|Workers who drive to work||85.7%||83.6%||76.4%|
|Workers who carpool||8.2%||9.2%||9.3%|
|Workers who take public transit||0.0%||0.8%||5.1%|
|Workers who bicycle||0.2%||0.1%||0.6%|
|Workers who walk||0.9%||1.4%||2.8%|
|Working from home||4.1%||3.9%||4.6%|
|Airports (within 30 miles of city center)||0 (1)||5||354|
|Amtrak train stations (within 30 miles of city center)||0n/a||4||711|