Cost of Living in Oak Ridge, FL

Population 24,395 · Florida · Data vintage 2023

89
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Oak Ridge a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $236,000. At 8.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Oak Ridge sits roughly 11 miles west of Orlando. Median home values run roughly 34% lower than Orlando's $359,000.

Cost Overview

Housing 77
Rent 107

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Oak Ridge

The median home value in Oak Ridge is $235,500 — 23% below the national median of $305,000. Median rent runs $1,404/month, 7% higher than the national median of $1,314/month. The median household income of $53,389/year is 28% lower than the US median of $74,580. The local unemployment rate is 8.1%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Oak Ridge has a cost of living index of 89 versus the US average of 100, meaning it is 11% less expensive.

🏠 Housing

Median Home Value
$235,500
23% below avg
Median Rent
$1,404/mo
7% above avg
Price-to-Rent Ratio
14.0x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 34.1%
Renter-occupied 65.9%

💰 Estimated Monthly Budget

Rent median rent
$1,404
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,018/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.1 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.8%

Commute Mode

Drove alone
66.6%
Carpooled
14.6%
Public transit
8.1%
Walked
3.3%
Bicycle
1.0%
Work from home
4.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$53,389
28% below avg
Per Capita Income
$20,697
Unemployment Rate
8.1%
68% above avg
Poverty Rate
26.3%
Labor Force Participation
68.0%

🎓 Education

Bachelor's degree+ 10.1%
Graduate degree 4.2%

👥 Demographics

Median Age 33.3
Male median age 32.4
Female median age 34.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
73.2%
Good air days/yr
115
Max AQI recorded
167
PM2.5 days
196
Ozone days

Frequently Asked Questions

What is the cost of living in Oak Ridge, FL?

Oak Ridge has a cost index of 89 (100 = national average). It is 11% below the national average.

What is average rent in Oak Ridge, FL?

The median gross rent in Oak Ridge is $1,404 per month based on 2023 Census data.

What is the average home price in Oak Ridge?

The median home value in Oak Ridge is $235,500 according to 2023 Census ACS data.

What is the median income in Oak Ridge?

The median household income in Oak Ridge is $53,389 per year (2023 ACS 5-year estimates).

What is the sales tax in Oak Ridge, FL?

The combined state and local sales tax rate in Oak Ridge is 7.0%. Florida has no state income tax.

Is Oak Ridge, FL affordable?

Yes, Oak Ridge is generally considered affordable, with a cost of living index of 89 — about 11% below the US national average of 100.

Oak Ridge at a Glance

Population
24,395
Median Income
$53,389
Home Value
$235,500
Median Rent
$1,404/mo
Unemployment
8.1%
Sales Tax
7.0%
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Explore county-level cost of living data

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