Oxford, MA (01540) has an average 2 bedroom rent of $1,290, which is lower than the US average of $1,430. Also, the Grocery Cost Index in Oxford is 105 compared to 100 in the US. Therefore, it can be seen that living cost in Oxford is relatively lower than other locations in the United States.
Oxford offers a great quality of life and amenities to its inhabitants. The town’s small-town charm and close knit community makes living here an attractive option for families and professionals alike. Popular businesses located in Oxford include Uncle Chen’s Chinese Restaurant, D&M Auto Body Repair & Painting, National Lumber Company Inc., Ellington Oil Co., Peck Motors Inc., Oxford Dance Academy and many more.
Oxford (zip 01540) has an unemployment rate of 6.7%. The US average is 6.0%.
Oxford (zip 01540) has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Oxford (zip 01540)
- The Sales Tax Rate for Oxford (zip 01540) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Oxford (zip 01540) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oxford (zip 01540)
- The average income of a Oxford (zip 01540) resident is $30,046 a year. The US average is $28,555 a year.
- The Median household income of a Oxford (zip 01540) resident is $110,195 a year. The US average is $69,021 a year.