There are 20 independent living communities serving Oak Ridge, Tennessee. This includes 2 communities in Oak Ridge and 18 nearby. Independent living costs in Tennessee range from about $24 up to $103 per day, with an average expenditure running approximately $64. The monthly expense averages around $1,905 and ranges between $715 and $3,080. Annually, the median cost is around $22,869, which is under the national average of $23,100.
Costs of independent living in Oak Ridge generally range between $1,427 per month and $3,300 per month. The average cost is about $1,891 per month, or around $22,688 per year.
Located in Anderson County, Oak Ridge is a small city in the State of Tennessee. It is included in the Knoxville metropolitan area. The surrounding metropolitan area contains 549,458 residents, but there are 29,700 residing in the city itself. People over 55 comprise about 33% of the total community.
The SeniorScore™ for Oak Ridge is 76. The city has a median per capita income of $31,000. The average household income is $54,000 compared to the average of $39,000 for the whole of Tennessee. The current unemployment rate is about 7.37% and the average home price is $112,500, which is much lower than the state average of $163,500.
Oak Ridge has mild average temperatures, with comfortable winters and temperate summers. The area receives very high amounts of rainfall each year. Oak Ridge has excellent air quality ratings in comparison to other cities in the US.