Oxford Borough, PA is a small community located in southeastern Pennsylvania. It has a population of just over 5,000 people and is home to several local businesses such as Bucks County Bank, Oxford Foundry, and Townsend’s Auto Parts. The cost of living in Oxford borough is slightly lower than the US average. The average two bedroom rent in Oxford borough is $1,270 versus $1,430 nationally while the Grocery Cost Index is 105 compared to 100 nationwide. This makes Oxford an attractive place for those looking to save money without sacrificing quality of life.
Oxford has an unemployment rate of 4.7%. The US average is 6.0%.
Oxford has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Oxford
- The Sales Tax Rate for Oxford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oxford is 4.1%. 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 $27,275 a year. The US average is $37,638 a year.
- The Median household income of a Oxford resident is $58,125 a year. The US average is $69,021 a year.