Oxford, OH is a vibrant city located in Butler County with a population of around 21,000 people. Known for its bustling college town atmosphere, Oxford is home to Miami University as well as many local businesses including Oxford Antiques Mall, La Vie en Rose Boutique, and Lane Public Library.The cost of living in Oxford is very affordable with 2 bedroom rent averaging around $1,030 and grocery costs being closely aligned with those found in the United States (Index 100). There are also plenty of recreational activities available in the area such as Paramount’s Kings Island amusement park, Lake Isabella Wildlife Preserve & Nature Center, and Hueston Woods State Park. With so much to offer at an affordable price point it's no wonder that Oxford is such an attractive place to call home.
Oxford (zip 45056) has an unemployment rate of 4.1%. The US average is 6.0%.
Oxford (zip 45056) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Oxford (zip 45056)
- The Sales Tax Rate for Oxford (zip 45056) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Oxford (zip 45056) 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 45056)
- The average income of a Oxford (zip 45056) resident is $23,408 a year. The US average is $37,638 a year.
- The Median household income of a Oxford (zip 45056) resident is $48,395 a year. The US average is $69,021 a year.