Oxoboxo River, CT is a small town situated on the Connecticut River. It offers peaceful and picturesque surroundings with an abundance of natural beauty. The cost of living in Oxoboxo River is slightly lower than the US average as 2 bedroom rent is $1,420 versus $1,430 for the entire country. In addition, grocery costs are relatively more affordable here due to a Grocery Cost Index of 105 compared to 100 in the US.
Some well-known companies based in Oxoboxo River include Turner Manufacturing Company and Abacus Services Inc. The town has a population of 13,000 people and is served by local schools such as Oxford Public School District and Lyman Hall High School.
Oxoboxo River has an unemployment rate of 9.2%. The US average is 6.0%.
Oxoboxo River has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Oxoboxo River
- The Sales Tax Rate for Oxoboxo River is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Oxoboxo River is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oxoboxo River
- The average income of a Oxoboxo River resident is $30,312 a year. The US average is $28,555 a year.
- The Median household income of a Oxoboxo River resident is $72,373 a year. The US average is $69,021 a year.