Oak Ridge, NJ
Population 10,860 · New Jersey
About Oak Ridge, NJ
Oak Ridge is a mid-sized city located in New Jersey with a population of 10,860 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,718 per year, which is 58% above the national median of $75,149. The median age of 45.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Oak Ridge features a median home value of $417,300, which is 70% above the national median of $244,900. This places Oak Ridge in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,320, 13% above the national average of $1,163/month. Of the 4,349 total housing units, 89% are owner-occupied (3,798 units) and 11% are renter-occupied (467 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oak Ridge shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oak Ridge have an average one-way commute time of 40.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
43.2% of Oak Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.8% White, 2.1% Hispanic or Latino, 2.8% Black or African American, and 7.1% Asian residents, with 8.3% of the population being foreign-born.
Cost of Living in Oak Ridge, NJ
Compared to national averages, Oak Ridge has a median household income of $118,718 (58% above the national median of $75,149). Home values average $417,300, which is 70% above the national median. Monthly rent at $1,320 is 13% above the US average of $1,163. Within New Jersey, Oak Ridge's income is 3% above the state average of $115,667, and home values are 11% below the state median of $469,644.
Why Live in Oak Ridge, NJ?
Oak Ridge offers a strong local economy with a median household income of $118,718, well above the national average, and a well-educated community where 43.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $417,300. However, Oak Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oak Ridge has a population of 10,860 with a median age of 45.8 years. Compare Oak Ridge with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Oak Ridge
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Manville | 10,870 | $93,872 | $321,100 | Compare |
| McKee City | 10,843 | $81,667 | $232,000 | Compare |
| Lincoln Park | 10,901 | $119,000 | $419,500 | Compare |
| Totowa | 10,919 | $114,177 | $507,700 | Compare |
| Little Ferry | 10,942 | $79,476 | $388,500 | Compare |
| Pompton Plains | 10,766 | $113,661 | $488,200 | Compare |
| Kendall Park | 10,765 | $175,361 | $555,100 | Compare |
| Pine Hill | 10,762 | $68,725 | $182,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oak Ridge With Other Cities
Frequently Asked Questions about Oak Ridge
What is the population of Oak Ridge, NJ?
The population of Oak Ridge, NJ is 10,860 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in Oak Ridge?
The median household income in Oak Ridge, NJ is $118,718 per year, which is 58% above the national median of $75,149.
What is the median home value in Oak Ridge?
The median home value in Oak Ridge, NJ is $417,300, which is 70% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak Ridge?
The median monthly rent in Oak Ridge, NJ is $1,320, which is 13% above the national average of $1,163/month.
What is the unemployment rate in Oak Ridge?
The unemployment rate in Oak Ridge, NJ is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oak Ridge, NJ a good place to live?
Oak Ridge offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,860 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Oak Ridge, NJ?
43.2% of residents in Oak Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oak Ridge?
Key cost-of-living indicators for Oak Ridge, NJ: median home value is $417,300 (70% above national), median rent is $1,320/month, and median household income is $118,718. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Oak Ridge?
The poverty rate in Oak Ridge, NJ is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oak Ridge, NJ?
Oak Ridge's population is 0.8% White, 2.1% Hispanic or Latino, 2.8% Black or African American, 7.1% Asian, and 2.6% two or more races. 8.3% of residents are foreign-born.