Oxford, CT (Zip Code 06478) is situated in South Central Connecticut. The average 2 Bedroom Rent in Oxford is $1,740 which is $310 more expensive than the US average of $1,430. In addition to the rent cost, groceries are more expensive in Oxford with a Grocery Cost Index of 110 versus 100 for the US overall. Some local companies that employ Oxford residents include Atlantic Seaboard Corporation, Bicron Corporation, Weil McLain Company and Chipmos Technologies USA. Overall in terms of monthly rent costs alone, potential renters would pay an extra $310 per month to live in Oxford compared to the national average.
Oxford (zip 06478) has an unemployment rate of 7.3%. The US average is 6.0%.
Oxford (zip 06478) has seen the job market decrease by -0.3% 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 (zip 06478)
- The Sales Tax Rate for Oxford (zip 06478) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Oxford (zip 06478) 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 (zip 06478)
- The average income of a Oxford (zip 06478) resident is $41,122 a year. The US average is $28,555 a year.
- The Median household income of a Oxford (zip 06478) resident is $116,431 a year. The US average is $69,021 a year.