Oxford, Maine is a small town located in the western part of the state. It is known for its rural beauty, natural resources, and picturesque views of the White Mountains. The town has great access to outdoor activities such as hiking, fishing and kayaking. Renting a two bedroom apartment in Oxford costs $1,140 per month which is lower than the national average of $1,430. Likewise, the grocery cost index in Oxford is 106 compared to 100 at the US level. Companies located in Oxford include Walmart, Hannaford Supermarkets, Gorham Savings Bank and Oxford County Federal Credit Union. Overall, Oxford is a great place to live with affordable rent and amenities that make it easy to enjoy all it has to offer.
Oxford has an unemployment rate of 6.6%. The US average is 6.0%.
Oxford has seen the job market increase by 0.1% 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 Oxford
- The Sales Tax Rate for Oxford is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Oxford is 7.2%. 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 $20,432 a year. The US average is $28,555 a year.
- The Median household income of a Oxford resident is $52,368 a year. The US average is $69,021 a year.