Economy in Oxford, Michigan
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Economy
| Unemployment Rate | 10.20% | 9.10% |
| Recent Job Growth | -1.99% | -0.12% |
| Future Job Growth | 25.82% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $30,769 | $27,067 |
| Household Income | $62,829 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.62% | 12.10% |
| Income between 15K and 25K | 9.82% | 10.18% |
| Income between 25K and 35K | 7.59% | 10.56% |
| Income between 35K and 50K | 16.02% | 14.98% |
| Income between 50K and 75K | 19.71% | 19.53% |
| Income between 75K and 100K | 14.69% | 12.52% |
| Income between 100K and 150K | 18.87% | 12.14% |
| Income between 150K and 250K | 3.69% | 3.91% |
| Income between 250K and 500K | 2.72% | 3.34% |
| Income greater than 500K | 0.28% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.75% | 13.81% |
| Professional and Related Occupations | 22.99% | 22.68% |
| Service | 13.63% | 14.51% |
| Sales and Office | 27.21% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 9.46% | 9.37% |
| Production, Transportation, and Material Moving | 16.43% | 15.86% |
The unemployment rate in Oxford, MI, is 10.20%, with job growth of -1.99%. Future job growth over the next ten years is predicted to be 25.82%.
Oxford, MI Taxes
Oxford, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Oxford, MI Income and Salaries
The income per capita is $30,769, which includes all adults and children. The median household income is $62,829.
Oxford Economy SperlingViews
Pleasent climate from May thru October: The winters in Michigan can be harsh on older retires. Snow plowing driveways, driving on snow covered roads and bundling up to walk in very cold tempertures. The... (read more)Oxford's The Place Where Folks Who Couldn't "Get I: Oxford's downtown rivals that of Rochester, Plymouth and other area, small, "quaint" downtowns. The village is managed efficiently by a group of caring, hard-working... (read more)Village / Township: The Village may have seen a slight decrease in population as new subs are built in the Township. Police service in the Village is maintained by Village residents,the... (read more)Have an opinion about Oxford? Leave a commentTo See All SperlingViews for Oxford Click Here
