There are 10 retirement homes near Oak Ridge, Tennessee. Retirement home living costs in Tennessee range from about $24 to $103 per day, with a median expense running approximately $64. The monthly cost averages about $1,905 and ranges between $715 and $3,080. On a yearly basis, the average cost is about $22,869, which is under the nationwide average of $23,100.
Retirement home care costs in Oak Ridge, TN generally range from $1,427 per month to $3,300 per month, with a median cost of about $1,891 per month. This equates to a yearly cost of $22,688.
Oak Ridge is a small city in the State of Tennessee. It is located within Anderson County and is included in the Knoxville metro area. The city has a population of 29,700, with 549,458 people in the surrounding statistical area. Around 33% of the population are over the age of 55.
Oak Ridge has a good SeniorScore™ of 76. The city has a mean per capita income of $31,000 and a mean household income is $54,000 (the Tennessee state average is $39,000). The median home price in Oak Ridge is $112,500, which is much less than the state average of $163,500. The city has an average unemployment rate of about 7.37%.
Oak Ridge has mild average temperatures, with comfortable winters and warm summers. The area gets very high levels of precipitation annually. In comparison to other cities in the United States, Oak Ridge has very good air quality.