Oxford, OH is a great place to live. It is known for its vibrant college town atmosphere, with plenty of restaurants, shops, and entertainment venues located near the University of Miami. The city offers a variety of cultural activities such as the Oxford Summer Music Festival and the Oxford Comedy Festival. There are also many corporate companies based in Oxford such as KeyBank National Association and Fedex Ground Package System that bring job opportunities to the area. Additionally, outdoor enthusiasts will enjoy visiting Hueston Woods State Park for fishing and hiking trails. With its reasonable cost of living (2 bedroom rent $1,020 compared to the US average at $1,430) and grocery cost index at 100 versus 100 in the US, it’s no wonder Oxford is an attractive city for residents.
Oxford has an unemployment rate of 4.1%. The US average is 6.0%.
Oxford has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Oxford
- The Sales Tax Rate for Oxford is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Oxford is 5.3%. 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 $19,184 a year. The US average is $37,638 a year.
- The Median household income of a Oxford resident is $41,749 a year. The US average is $69,021 a year.