Oxford, Connecticut is a small town located in New Haven County with a population of 12,683. This quaint town provides its residents with access to all the amenities they need. Home to several local companies such as Oxford Pharmacy, Oxmor Properties LLC., and Oxford Wellness Center, it offers shopping and dining opportunities that are unique to the area. The median 2 bedroom rent is $1710 which is higher than the national average of $1430. Additionally, the Grocery Cost Index in Oxford is 110 versus 100 in the US. With its vibrant atmosphere and easy access to larger cities, Oxford offers something for everyone.
Oxford has an unemployment rate of 7.3%. The US average is 6.0%.
Oxford has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Oxford
- The Sales Tax Rate for Oxford is 6.4%. 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 $53,064 a year. The US average is $37,638 a year.
- The Median household income of a Oxford resident is $116,431 a year. The US average is $69,021 a year.