Oxford, NC is a small town located in the state of North Carolina. Despite its size, it offers many amenities that larger towns and cities do not have. Oxford is home to several local businesses such as The Waterfront Grill, Tyler's Taproom, and Poppy's Ice Cream. In terms of rent prices for two bedroom homes, Oxford is much lower than the US rate at $940 per month compared to $1,430. Additionally, groceries are also cheaper in Oxford with their grocery cost index being 95 versus 100 for the US. This makes living in Oxford both economical and enjoyable for those who are interested in a small-town lifestyle.
Oxford has an unemployment rate of 3.8%. The US average is 6.0%.
Oxford has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Oxford
- The Sales Tax Rate for Oxford is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Oxford 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 Oxford
- The average income of a Oxford resident is $21,991 a year. The US average is $28,555 a year.
- The Median household income of a Oxford resident is $39,399 a year. The US average is $69,021 a year.