Oak Ridge, Louisiana Median Income

Oak Ridge, Louisiana has a population of 124, with a median household income of $58,100.

Current median income data for Oak Ridge.

$58,100

👥

Population

124

💰

Median Income

$58,100

📉

Unemployment

3.80%

🏠

Housing Price

$189,400

🚨

Crime Rate

4.20

🌐

Internet Speed

163.00 Mbps

Oak Ridge is a small local community located in Louisiana. The city has a population that is below the average city population in Louisiana, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Oak Ridge is a notable city in Louisiana, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Oak Ridge has a population of 124, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Oak Ridge is $58,100, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Oak Ridge is about $189,400, making it relatively affordable compared to many cities in Louisiana.

Employment and Safety

The unemployment rate in Oak Ridge is 3.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Oak Ridge are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Louisiana, Oak Ridge shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Louisiana, Oak Ridge contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Oak Ridge

What is the population of Oak Ridge?

The population of Oak Ridge is approximately 124.

Is Oak Ridge a good place to live?

Oak Ridge offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Oak Ridge?

The median household income in Oak Ridge is around $58,100.

How expensive is housing in Oak Ridge?

The average housing price in Oak Ridge is approximately $189,400.