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Oak Ridge Tennessee Real Estate By Jennifer Hershey

Oak Ridge Tennessee Real Estate

Oak Ridge, Tennessee, is located in Anderson County, 17 miles W of Knoxville, Tennessee and 140 miles E of Nashville, Tennessee. Oak Ridge has a population of 27,387.

Oak Ridge Homes

Oak Ridge properties pool is 12,062 residential properties including Oak Ridge new homes. Median age of real estate in Oak Ridge is 1959. Average Household size is 2.83 people. 1% are one bedroom homes, 16% are 2 bedroom homes, 48% are 3 bedroom homes, 26% are 4 bedroom homes, and 9% are 5+ bedroom homes.

Oak Ridge Mortgage Statistics

Oak Ridge mortgages vs. USA median statistics

Homes Oak Ridge USA
Homes With No Mortgage 46%
30%
Homes With Mortgage 54%
70%
First Mortgage Only 45%
54%
First & Second Mortgage or HELOC 9%
16%

Oak Ridge Area Real Estate Tax

Oak Ridge Real estate Tax: Median Real Estate Taxes (2000) were $1,143 comparing to 1999 Median Family income $ 57,087. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Oak Ridge School District: Children make up 22.4% of Oak Ridge population. Oak Ridge has 6,145 under 18 years old residents, or 0.52 kids per one worker, or 0.51 kids per one household.

Oak Ridge Real Estate & Oak Ridge Homeownership

There are 3980.46 or 33% one person households, 4342.32 or 36% two person households, and 1809.3 or 15% three person households in Oak Ridge, Tennessee. Median residents age is 43.4, Senior citizens (65+) make up 5,767 or 21.1%% of Oak Ridge population.

There are 11,887 workers (over 16 years of age) in Oak Ridge. Of these, 94.98% drive to work. Approximately 0.39% of workers in Oak Ridge take public transportation. An estimated 1.73% walk to work.

Median Oak Ridge homeowner's housing expences are 14%

Crime in Oak Ridge (2003), crimes per 10,000 residents per year

Type of Crime Oak Ridge USA, 2003
Violent Crimes
59.52
47.5
Robberies
14.97
14.2
Aggravated Assaults
37.61
29.5
Property Crimes
610.51
358.8
Burglaries
123.05
74.0
Larceny-Thefts
442.18
241.5
Motor Vehicle Thefts
45.28
43.3

Invest in Oak Ridge Properties

When making a decision about buying real estate in Oak Ridge Tennessee area, you should consider following statistical data:

Category Oak Ridge USA
Near Medium City
Knoxville, Tennessee
-
Near Large City
Nashville, Tennessee
-
Oak Ridge Zip Codes
37830
-
Oak Ridge Area Codes
865
-
White population
86.96%
75.1%
African-American population
8.18%
12.3%
Asian
2.1%
3.6%
American Indian & Alaskan
0.3%
0.9%
Hispanic (of any race)
1.93%
12.5%
Median Family Income (1999)
$ 57,087%
$42,000
Population Below Poverty Level
10.76%
12.4%

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See Also:

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