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US City Data

Oak Ridge, FL

Population 24,395 · Florida

Population
24,395
Median Income
$53,389
Median Home Value
$235,500
Median Rent
$1,404/mo

About Oak Ridge, FL

Oak Ridge is a mid-sized city located in Florida with a population of 24,395 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,389 per year, which is 29% below the national median of $75,149. The median age of 33.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.

Housing Market Overview

The housing market in Oak Ridge features a median home value of $235,500, which is 4% below the national median of $244,900. This positions Oak Ridge in a moderately priced market relative to the rest of the country. Median monthly rent is $1,404, 21% above the national average of $1,163/month. Of the 8,799 total housing units, 34% are owner-occupied (2,554 units) and 66% are renter-occupied (4,934 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.

Economy & Employment

The local economy in Oak Ridge shows an unemployment rate of 8.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 26.3%, above the national average of 12.4%. Workers in Oak Ridge have an average one-way commute time of 30.8 minutes.

Education & Demographics

14.3% of Oak Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 12.5% White, 0.9% Hispanic or Latino, 13.5% Black or African American, and 22.6% Asian residents, with 37.1% of the population being foreign-born.

Cost of Living in Oak Ridge, FL

Compared to national averages, Oak Ridge has a median household income of $53,389 (29% below the national median of $75,149). Home values average $235,500, which is 4% below the national median. Monthly rent at $1,404 is 21% above the US average of $1,163. Within Florida, Oak Ridge's income is 30% below the state average of $75,893, and home values are 33% below the state median of $353,675.

Income vs National
$53,389
National: $75,149
Florida: $75,893
Home Value vs National
$235,500
National: $244,900
Florida: $353,675
Rent vs National
$1,404
National: $1,163
Florida: $1,511
Unemployment vs National
8.1%
National: 3.7%
Florida: 5.8%

Why Live in Oak Ridge, FL?

Oak Ridge offers affordable housing with a median home value of $235,500, below the US average of $244,900.

Potential considerations include median household income ($53,389) that falls below the national average. However, Oak Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Oak Ridge has a population of 24,395 with a median age of 33.3 years. Compare Oak Ridge with other cities to see how it stacks up, or explore all cities in Florida.

Similar Cities Near Oak Ridge

Cities in Florida with a similar population size.

CityPopulationMedian IncomeHome Value
World Golf Village24,485$109,731$447,900Compare
Palmetto Bay24,247$143,368$787,000Compare
Liberty Triangle24,178$68,107$247,800Compare
Port St. John24,617$84,214$262,700Compare
Wekiwa Springs24,109$113,067$429,600Compare
Coral Terrace24,051$77,396$496,500Compare
Bloomingdale23,979$107,313$377,000Compare
Westchase24,818$120,070$491,300Compare

Demographics

33.3
Median Age
13,346
Male
11,049
Female
37.1%
Foreign Born

Racial & Ethnic Composition

White12.5Hispanic/Latino0.9Black13.5Asian22.6Two or More34

Economy & Education

8.1%
Unemployment Rate
26.3%
Poverty Rate
14.3%
Bachelor's Degree+
30.8 min
Avg Commute

Housing

8,799
Total Housing Units
2,554
Owner Occupied
4,934
Renter Occupied

Other Cities in Florida

Florida RidgePine Ridge Cdp Citrus County FloridaPine Ridge Cdp Collier County FloridaBee RidgeBuckhead RidgeFlorida City

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Oak Ridge With Other Cities

Oak Ridge vs Florida RidgeOak Ridge vs Pine Ridge Cdp Citrus County FloridaOak Ridge vs Pine Ridge Cdp Collier County FloridaOak Ridge vs Bee Ridge

Frequently Asked Questions about Oak Ridge

What is the population of Oak Ridge, FL?

The population of Oak Ridge, FL is 24,395 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.

What is the median household income in Oak Ridge?

The median household income in Oak Ridge, FL is $53,389 per year, which is 29% below the national median of $75,149.

What is the median home value in Oak Ridge?

The median home value in Oak Ridge, FL is $235,500, which is 4% below the national median of $244,900. A significant portion of residents rent their homes.

What is the average rent in Oak Ridge?

The median monthly rent in Oak Ridge, FL is $1,404, which is 21% above the national average of $1,163/month.

What is the unemployment rate in Oak Ridge?

The unemployment rate in Oak Ridge, FL is 8.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.

Is Oak Ridge, FL a good place to live?

Oak Ridge offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 24,395 and a median age of 33.3, the city appeals to young professionals and families.

How educated is Oak Ridge, FL?

14.3% of residents in Oak Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.

What is the cost of living in Oak Ridge?

Key cost-of-living indicators for Oak Ridge, FL: median home value is $235,500 (4% below national), median rent is $1,404/month, and median household income is $53,389. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.

What is the poverty rate in Oak Ridge?

The poverty rate in Oak Ridge, FL is 26.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.

How diverse is Oak Ridge, FL?

Oak Ridge's population is 12.5% White, 0.9% Hispanic or Latino, 13.5% Black or African American, 22.6% Asian, and 34.0% two or more races. 37.1% of residents are foreign-born.

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