Oak Ridge, Tennessee Median Income

Oak Ridge, Tennessee has a population of 33,089, with a median household income of $68,940.

Current median income data for Oak Ridge.

$68,940

👥

Population

33,089

💰

Median Income

$68,940

📉

Unemployment

3.50%

🏠

Housing Price

$318,700

🚨

Crime Rate

19.60

🌐

Internet Speed

154.70 Mbps

Oak Ridge is a smaller urban community located in Tennessee. The city has a population that is above the average city population in Tennessee, 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.

Situated in Tennessee, Oak Ridge provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Oak Ridge has a population of 33,089, which is higher than the state average. This indicates a relatively larger urban presence within Tennessee.

Income and Economy

The median household income in Oak Ridge is $68,940, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Oak Ridge average around $318,700, which is relatively high compared to other cities in Tennessee.

Employment and Safety

The unemployment rate in Oak Ridge is 3.50%, which is lower than the state average, indicating a relatively strong job market. 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 Tennessee, Oak Ridge shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Oak Ridge offers a balanced mix of economic conditions, population trends, and housing opportunities within Tennessee.

Frequently Asked Questions about Oak Ridge

What is the population of Oak Ridge?

The population of Oak Ridge is approximately 33,089.

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 $68,940.

How expensive is housing in Oak Ridge?

The average housing price in Oak Ridge is approximately $318,700.