Oak Ridge Tower

Overview

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Oak Ridge Tower in Oak Ridge, Tennessee offers a blend of comfortable living and modern conveniences. This community is designed to cater to a diverse range of residents, providing an inviting environment with numerous amenities. With its thoughtful design and warm ambiance, Oak Ridge Tower ensures that residents enjoy a high quality of life.

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The apartments at Oak Ridge Tower are spacious and well-appointed, featuring updated interiors and plenty of natural light. Residents can take advantage of various on-site amenities, ensuring a sense of community and convenience. The property management team is dedicated to maintaining the highest standards of service, creating a welcoming atmosphere for all.

Visitors and residents alike benefit from the prime location of Oak Ridge Tower, which is close to shopping, dining, and recreational opportunities. The surrounding area is rich in history and culture, offering a unique blend of small-town charm and modern amenities. Oak Ridge Tower truly stands out as a premier living option in Oak Ridge, Tennessee.

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Amenities and Features

Fitness center
Community room
On-site laundry facilities
Pet-friendly accommodations
24-hour maintenance service
Outdoor picnic and barbecue areas
Secure entry and surveillance system
Ample parking spaces

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Oak Ridge Tower Location

Address: 115 Fairbanks Rd, Oak Ridge, TN 37830

Phone: 865-482-2217

Website: https://www.oakridge.com/oak-ridge-tower/

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About Oak Ridge, Tennessee

Oak Ridge, a city located in the state of Tennessee (TN), is home to a population of approximately 31,535 people. Oak Ridge boasts a median age of 39.9, with around 25.1% of its residents aged 60 or above. 10.4% of the population identifies as US Veterans. 19.6% of Oak Ridge residents are disabled. The city has an average household income of $67,152, while the unemployment rate stands at 5.6%, and around 14.7% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Oak Ridge is $212,344, with a monthly rent averaging $1,033.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.