Oxford Ms Marketplace (2024)

FAQs

Is Oxford, Mississippi expensive to live? ›

Based on our Oxford cost of living calculator, Oxford is 21% less expensive than the national average and 5% less expensive to live in than the average city in Mississippi. This assumes a $72,000 annual salary and a 2 Bedroom Apt.

PROS: Low serious crime rate, good air quality. No state estate/inheritance tax, no state income tax on Social Security earnings, state income tax breaks on pension income. CONS: Low number of physicians per capita. NOTED: Elevation 500 feet.

Oxford is a town that has seen explosive growth in recent years. It has grown 102% since the year 2000 and is expected to growth a further 24% by 2030. At the same time, the University of Mississippi, home to 23,000 students, has made growing to a student body of 30,000 in the next four years their stated goal.

Oxford is a town in Mississippi with a population of 25,713. Oxford is in Lafayette County and is one of the best places to live in Mississippi. Living in Oxford offers residents a dense suburban feel and most residents rent their homes.

Where is the cheapest place to live in Mississippi? The cheapest place to live in Mississippi is Jackson. It offers one of the most affordable utilities in the state, which is 12.8% lower than the national average. » 7 Cheapest Places to Live in Mississippi: Find out the other cheapest places to live in Mississippi.

Summary of cost of living in Oxford, United Kingdom: A family of four estimated monthly costs are 3,891.7$ (3,026.8£) without rent. A single person estimated monthly costs are 1,152.9$ (896.7£) without rent.

The city is celebrated for hosting the University of Oxford — one of the world's oldest and most prestigious universities. Oxford is very rich with lots of world-famous landmarks such as Christ Church College, Radcliffe Camera, The Sheldonian Theatre, Magdalen College, Carfax Tower, Ashmolean Museum.

The per capita income in Oxford in 2022 was $36,979, which is wealthy relative to Mississippi, and upper middle income relative to the rest of the US. This equates to an annual income of $147,916 for a family of four. However, Oxford contains both very wealthy and poor people as well.

Oxford Living Wage Overview

The Oxford Living Wage is an hourly minimum wage designed to provide liveable earnings in Oxford, recognising the city's high cost of living. For 2024-25, the rate is £12.49 per hour. This rate is set annually and is 95% of the London Living Wage, as determined by the Living Wage Foundation.

Oxford Demographics

White: 68.5% Black or African American: 25.68% Asian: 2.57%

What is the racial demographic of Oxford? ›

Non-White British ethnic groups in Oxfordshire

The largest ethnic group in the county is "White: English, Welsh, Scottish, Northern Irish or British" (76.8%). Of those ethnic groups which are not White British, the largest in the county are: "Indian or British Indian" (7.5%) "European mixed" (7.4%)

Oxford has been highlighted in over 75 different news commentaries, publications, and web sites as one of the top retirement destinations in the country with an outstanding quality of life. Located just 90 minutes from Memphis, Tennessee, Oxford offers a personality of both small town and sophistication.

The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Oxford is $36,896 a year — greater than the annual cost of living for Mississippi of $34,395 yet less than the national figure of $38,433.

Relative Affordability

We are reasonable and affordable, housing-wise, as a college town,” says Simpson. The median home value is around $295,950 (North Central MS REALTORS MLS, August 2022), far below the national average; you can compare it to $767,693 in New York City or $398,528 in Atlanta.

Oxford remains the least affordable UK cities for housing with average house prices over 15 times the average salary in 2022 (Centre for Cities 2023).

The per capita income in Oxford in 2022 was $36,979, which is wealthy relative to Mississippi, and upper middle income relative to the rest of the US. This equates to an annual income of $147,916 for a family of four. However, Oxford contains both very wealthy and poor people as well.

In 2022, Oxford, MS had a population of 25.7k people with a median age of 27.7 and a median household income of $56,784.