Oxford, MS with a zip code of 38655 is an excellent place to live due to its close proximity to the University of Mississippi and its vibrant culture. The 2 bedroom rent in Oxford is $1,680 compared to the US average of $1,430; while the grocery cost index is 99 versus 100 in the US. This shows that Oxford’s cost of living is slightly higher than the US average, but still very manageable. \nThe city has plenty to offer in terms of amenities. Popular local companies include Nissan North America, Miller Industries Towing Equipment Inc., and United States Cold Storage. Other businesses such as Oxford School District and Baptist Memorial Hospital-North Mississippi provide plenty of job opportunities for residents in Oxford.
Oxford (zip 38655) has an unemployment rate of 4.5%. The US average is 6.0%.
Oxford (zip 38655) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 50.9%, which is higher than the US average of 33.5%.
Tax Rates for Oxford (zip 38655)
- The Sales Tax Rate for Oxford (zip 38655) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oxford (zip 38655) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oxford (zip 38655)
- The average income of a Oxford (zip 38655) resident is $33,077 a year. The US average is $37,638 a year.
- The Median household income of a Oxford (zip 38655) resident is $54,780 a year. The US average is $69,021 a year.