Oak Ridge : Tennessee

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What it's Like to Retire in Oak Ridge

Oak Ridge is a town of about 29,000 people that is west of Knoxville in eastern Tennessee. Oak Ridge is famous for being home to the Manhattan Project in WWII.  The Oak Ridge National Laboratories are a major employer in the region. Retirees here enjoy terrific recreational opportunities in the nearby mountains. A reflection of the community is the fact that 18% of the adult population has an advanced degree. The median age is 43, slightly higher than the Tennessee average. Photo of the Peace Bell at the Civic Center courtesy of and license per Wikipedia and Brian Stansberry.
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Where to Retire in Oak Ridge and Home Prices

There are active adult communities in the area (see link at top right). Average home prices have come down recently. City-Data.com showed the median sale price of a home to be about $105,000 at the end of 2014.  However, Zillow.com reported the median sale price to be higher at $122,000 in early 2015.

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What is special about Oak Ridge

Oak Ridge National Laboratories, which is where materials for WWII's Manhattan Project were produced in great secrecy.  Nearby  mountains and rivers.  Close enough (24 miles) to Knoxville and the University of Tennessee.
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What is not special about Oak Ridge

There was a major mercury spill discovered in the latter part of the 20th century. Some people might get the willies being this close to major nuclear facilities..
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Who will like retirement in Oak Ridge

Retirees who want to live in one of the more sophisticated towns in this part of Tennessee will enjoy Oak Ridge.  It is close enough to Knoxville to commute there.  People who like the friendly folks in Tennessee.
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Local economy is driven by

Oak Ridge National Laboratories, medical facilities, and construction dominate the economy.
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Climate and Physical Environment

Oak Ridge is on the Clinch River (which feeds into the Tennessee River nearby) in a system of mountain ridges. Knoxville is to the east and south, about 25 miles. Median January temperature is about 38 degrees.
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Restaurants & Cultural Scene

The University of Tennessee Arboretum, the American Museum of Science and Energy, and the Children's Museum of Oak Ridge are big parts of Oak Ridge culture. Tours of the original parts of Oak Ridge National Laboratories are extremely popular.
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Crime

The crime rate in Oak Ridge is a little above the national average.

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Medical facilities

Methodist Medical Center is the local hospital in Oak Ridge.  The University medical facilities in Knoxville are also nearby.
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Transportation

McGhee Tyson Airport in Knoxville is about 28 miles.
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Valuable Links

Tennessee retirement guide
Oak Ridge CIty-Data
Oak Ridge Visitors Bureau
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What people are saying about Oak Ridge

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Facts about OAK RIDGE
  • State: TN
  • Environment: Mountain,
  • City Population: 25,001-50,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 21-40
  • Avg July Temperature: 60-80
  • Median HH Income: 41,001-60,000
  • Average Home Price (MLS): $100,000-$200,000
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: 101-110 (slightly above average)
  • Cost of Living Index: 81-90 (low)
  • Culture Index: 101-110 (slightly above average)
  • State Sales Tax: Yes
  • State Income Tax: No
  • Name of the Guide: boomer1

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

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1. Overall Retirement Ratings Discuss

1. Rating: 3.0/5 ( 1 vote cast)

2. Expense:
Inexpensive to Luxury Discuss

2. Rating: 1.5/5 ( 2 votes cast)

3. Taxes:
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3. Rating: 2.0/5 ( 1 vote cast)

4. Culture:
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4. Rating: 3.0/5 ( 1 vote cast)

5.Recreation:
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5. Rating: 5.0/5 ( 1 vote cast)

6. Transportation:
Boondocks to World Hub Discuss

6. Rating: 3.0/5 ( 1 vote cast)

7. Security:
Dangerous to Ft. Knox Discuss

7. Rating: 3.3/5 ( 3 votes cast)

8. Medical Facilities:
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8. Rating: 5.0/5 ( 1 vote cast)

9. Political Situation:
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9. Rating: 4.3/5 ( 3 votes cast)

10. Environmental:
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10. Rating: 3.0/5 ( 1 vote cast)

 
 

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