Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Nothing Found
There are no cons to mention for this area, as all of the categories were rated above average.
Oak Ridge North is a small city located in the state of Texas. The city has a population of 3,163 people. According to the most recent Census, 93% of Oak Ridge North residents are White, 1% Black and 1% Asian. Based on an average age of 48, Oak Ridge North appears to be well-suited for seniors or retirees as the average age is well above the national average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Oak Ridge North, your commute time will align closely with the national average, spanning a one-way duration of approximately 29 minutes.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the area before actually living in Oak Ridge North, Texas. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Oak Ridge North, AreaVibes has created a livability score using key metrics like crime, commute, housing and more.
Using data and statistics Oak Ridge North has received a livability score of 85/100. This score is ranked in the 98th percentile when compared to all other cities. Compared to the US average, Oak Ridge North ranks among some of the best places to live in the country! Another exciting tidbit, is that Oak Ridge North ranks better than 90% of all US cities! Based on the grades for each individual category, Oak Ridge North has received high marks for crime (A), cost of living (B+), education (B+) and housing (A+).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Oak Ridge North, the unemployment rate stands at 1.83%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Oak Ridge North has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Oak Ridge North. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Oak Ridge North are affordable. Median real estate prices in Oak Ridge North come in at $230,500, which is 61.5% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Oak Ridge North, the home price to income ratio is 2.4, which is 7.7% lower than the Texas average.
| Statistic | Oak Ridge North | Texas | National |
| Average one way commute | 29min | 26min | 26min |
| Workers who drive to work | 73.6% | 80.3% | 76.4% |
| Workers who carpool | 5.9% | 10.6% | 9.3% |
| Workers who take public transit | 1.4% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.3% | 1.6% | 2.8% |
| Working from home | 15.0% | 4.3% | 4.6% |
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