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About half of the housing in Oak Ridge, or 6,500 homes, is located in the Manhattan District Overlay, where most housing is valued at less than 0,000 and renters significantly outnumber homeowners, the report said.
Ten percent of the Oak Ridge workers live in Roane County, 6 percent live in Clinton, and less than five percent each live in Loudon, Blount, Morgan, and other counties, the report said.
The housing report only reviewed Oak Ridge as it compares to the five most popular communities where people who work in Oak Ridge choose to live (Farragut, Hardin Valley, Northshore, Karns, and Cedar Bluff).
Compared to competing communities, Oak Ridge has the lowest percentage of population (28 percent) under 24 years old and the largest percentage of population (21 percent) over 64 years old.
It has the lowest estimated population growth rate through 2021, and the lowest median household income of ,765—compared to 4,774 in Northshore and ,912 in Farragut.