Oxford is a medium-sized city located in the state of Mississippi. With a population of 24,528 people and nine constituent neighborhoods, Oxford is the 20th largest community in Mississippi. Much of the housing stock in Oxford was built relatively recently. The construction of new real estate can often be taken as an indication that the local Oxford economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Oxford, where the median household income is $39,886.00.
Oxford real estate is some of the most expensive in Mississippi, although Oxford house values don't compare to the most expensive real estate in the U.S.
Oxford is a decidedly white-collar city, with fully 88.30% of the workforce employed in white-collar jobs, well above the national average. Overall, Oxford is a city of professionals, service providers, and sales and office workers. There are especially a lot of people living in Oxford who work in teaching (13.64%), sales jobs (11.35%), and food service (10.14%).
Of important note, Oxford is also a city of artists. Oxford has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Oxford’s character.
In addition, Oxford is a major college town that has a very high percentage of its residents over 18 years old who are college students. Naturally, collegiate life has a major influence on local Oxford culture, lifestyle and entertainment options. Oxford really pulses to the beat of the academic calendar. In Oxford every fall, returning students reinvigorate the community, who you will notice are all over town, buying groceries, out with friends, and getting acquainted or re-acquainted with each other and Oxford. One of the beneficial effects that colleges provide is that they tend to be lasting institutions that deliver direct economic benefits to the local economy in the form of such things as jobs for faculty and staff, and spending by students. Oxford benefits directly from this.
Oxford, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
One of the benefits of Oxford is that there is very little traffic. The average commute to work is 15.04 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
If knowledge is power, Oxford is a pretty powerful place. 57.41% of the adults in Oxford have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Oxford in 2010 was $26,728, which is wealthy relative to Mississippi, and middle income relative to the rest of the US. This equates to an annual income of $106,912 for a family of four. However, Oxford contains both very wealthy and poor people as well. Oxford also has one of the higher rates of people living in poverty in the nation, with 33.38% of its population below the federal poverty line.
Oxford is a very ethnically-diverse city. The people who call Oxford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Oxford residents report their race to be White, followed by Black or African-American. Important ancestries of people in Oxford include English, Irish, German, Scottish, and French.
The most common language spoken in Oxford is English. Other important languages spoken here include Spanish and Chinese.