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Oak Ridge, FL Real Estate


According to census data in the year 2000 there were 7,734 housing units in Oak Ridge. This represents a 22.8% growth from 6,298 in 1990.

Of those housing units, 7,734 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oak Ridge is about 37.5%. Oak Ridge's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 3.02 people.

The majority of houses, apartments or condos in Oak Ridge were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type8.80%
One Bedroom24.90%
Two Bedrooms25.90%
Three Bedrooms31.90%
Four Bedrooms7.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.31
Median year structure was built1976
Median Value of occupied units$81,100
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1985
Median Monthly Rent asked for vacant units$512

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage8.60%
Home Equity Loan3.70%
Simple Mortgage66.80%
Debt Free19.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%