Oxford, MI is a charming town with a population of 48370. The average rent for two-bedroom apartments here is $1,240, which is much lower than the US average of $1,430. Additionally, groceries are cheaper in Oxford than the national average with an index of 102 compared to 100 in the US. The town has plenty of businesses to offer its residents and visitors alike. Some of the local companies include JD Byrider, Pickard Street Floral & Gifts, Oxford Flooring Company and Oxford Home Care Solutions. Each business provides something unique to the community and helps keep the economy strong within Oxford.
Oxford (zip 48370) has an unemployment rate of 3.5%. The US average is 6.0%.
Oxford (zip 48370) has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Oxford (zip 48370)
- The Sales Tax Rate for Oxford (zip 48370) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oxford (zip 48370) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oxford (zip 48370)
- The average income of a Oxford (zip 48370) resident is $33,406 a year. The US average is $37,638 a year.
- The Median household income of a Oxford (zip 48370) resident is $89,000 a year. The US average is $69,021 a year.