Oak Ridge is a somewhat small town located in the state of North Carolina. With a population of 7,749 people and two associated neighborhoods, Oak Ridge is the 124th largest community in North Carolina. Much of the housing stock in Oak Ridge was built relatively recently. The construction of new real estate can often be taken as an indication that the local Oak Ridge economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Oak Ridge, where the median household income is $146,131.00. Oak Ridge home prices are not only among the most expensive in North Carolina, but Oak Ridge real estate also consistently ranks among the most expensive in America.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Oak Ridge is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Oak Ridge is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Oak Ridge who work in management occupations (19.10%), business and financial occupations (10.59%), and sales jobs (9.33%). Also of interest is that Oak Ridge has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Oak Ridge telecommute to their jobs. Overall, about 24.10% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Oak Ridge is a great place for families with children to consider. First of all, many other families with children live here, making Oak Ridge a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Oak Ridge has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Oak Ridge’s overall crime rate is lower than average for the country. Being a small town, Oak Ridge does not have a public transit system used by locals to get to and from work.Oak Ridge is one of the most well-educated cities in the nation. 47.00% of adults in Oak Ridge have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Oak Ridge in 2022 was $60,198, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $240,792 for a family of four. Oak Ridge is a very ethnically-diverse town. The people who call Oak Ridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Oak Ridge residents report their race to be White, followed by Asian. Important ancestries of people in Oak Ridge include English, German, Irish, Italian, and Polish. The most common language spoken in Oak Ridge is English. Other important languages spoken here include Chinese and Vietnamese.
