Oxford, MA is a small town in Worcester County that offers a high quality of life for its citizens. Local businesses include Oxford Creamery, a popular ice cream shop; King Phillip Country Store, an antique store; and Oxford Apothecary, which offers homeopathic remedies. The cost of living in Oxford is higher than the national average, with an average rent for two-bedroom apartments at $1,310 and a grocery cost index of 105 compared to 100 in the US. However, with its quaint downtown area and close proximity to the larger cities of Boston and Providence, many find that these costs are worth it for the great quality of life Oxford has to offer.
Oxford has an unemployment rate of 6.7%. The US average is 6.0%.
Oxford has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Oxford
- The Sales Tax Rate for Oxford is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Oxford is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oxford
- The average income of a Oxford resident is $29,836 a year. The US average is $28,555 a year.
- The Median household income of a Oxford resident is $94,298 a year. The US average is $69,021 a year.