Zip 34484 (Oxford, FL) Economy


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Oxford, FL (34484) is a small town located in Sumter County in the state of Florida. It is a peaceful place to live with low crime rates and plenty of local amenities. Two bedroom rent in Oxford is relatively low, amounting to $1,300 per month compared to the US average of $1,430. Grocery costs are also lower than average at 100 index points versus the US average. This makes living in Oxford affordable for many people who enjoy a quieter lifestyle outside of the big city life.
Oxford is home to many local businesses that provide employment opportunities and services for its residents. Some notable examples include The Stick Company, Firestone Complete Auto Care, Game X Change, and Ocala Glass & Mirror. These companies provide employment to local residents while helping to contribute positively to the economy of Oxford.
When it comes to cost comparison between Oxford and other areas of the country, there are few differences between them. Rent for two bedrooms in Oxford is slightly lower than the national rate which helps offset some of the higher grocery prices compared to other parts of the country. Overall, living in Oxford can be an affordable and enjoyable experience for those looking for a more tranquil environment away from large cities.

Oxford (zip 34484) has an unemployment rate of 6.6%. The US average is 6.0%.

Oxford (zip 34484) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.

Tax Rates for Oxford (zip 34484)
- The Sales Tax Rate for Oxford (zip 34484) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oxford (zip 34484) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Oxford (zip 34484)
- The average income of a Oxford (zip 34484) resident is $27,113 a year. The US average is $28,555 a year.
- The Median household income of a Oxford (zip 34484) resident is $59,720 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOxford, FloridaUnited States
  6.66
  -4.3%-6.2%
  42.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $39,058$37,638
  $59,720$69,021
  $80,701$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  4.2%6.8%
  1.2%10.0%
  1.8%2.5%
  3.5%11.0%
  0.3%4.8%
  0.8%0.8%
  0.3%1.9%
  3.7%4.7%
  19.6%1.9%
  3.1%7.6%
  0.0%0.1%
  9.7%4.2%
  9.8%9.3%
  13.2%14.0%
  1.4%2.1%
  12.4%7.0%
  9.1%4.8%
  3.6%4.7%
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