Most Expensive Oxford Neighborhoods
Oxford is a medium-sized city located in the state of Mississippi. With a population of 21,757 people and nine constituent neighborhoods, Oxford is the 20th largest community in Mississippi. Oxford has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures.
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 85.89% of the workforce employed in white-collar jobs, well above the national average. Overall, Oxford is a city of professionals, sales and office workers and service providers. There are especially a lot of people living in Oxford who work in sales jobs (14.59%), teaching (12.57%) and food service (9.77%).
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.
Oxford is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in Oxford have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. Oxford’s economy is one such example of this.
Oxford, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 14.73 minutes getting to work every day.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Oxford. 50.50% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Oxford in 2010 was $22,025, which is wealthy relative to Mississippi, and middle income relative to the rest of the US. This equates to an annual income of $88,100 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 38.67% 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, Italian, Scots-Irish and Scottish.
The most common language spoken in Oxford is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||7,504|
|OXFORD HOME OWNERSHIP|
|% OWNER OCCUPIED||36.08%|
|% RENTER OCCUPIED||63.92%|
|TYPE OF OXFORD HOMES|
|SINGLE FAMILY DETACHED||50.55%|
|ROWHOUSES AND ATTACHED HOMES||3.53%|
|SMALL APARTMENT BUILDINGS||15.77%|
|COMPLEXES OR HIGH RISE APARTMENTS||29.14%|
|SIZE OF OXFORD HOMES|
|5 OR MORE BEDROOMS||2.45%|
|AGE OF OXFORD HOMES|
|NEWER HOMES (2000 OR LATER)||43.03%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||38.06%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||14.04%|
|HISTORIC (1939 OR BEFORE)||4.87%|
|OXFORD REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$235,597|
|MEDIAN RENTAL PRICE||$934|
|HOME VALUE RANGE|
|$0 - $53,000||7.77%|
|$53,001 - $105,000||11.40%|
|$105,001 - $210,000||23.61%|
|$210,001 - $315,000||29.28%|
|$315,001 - $421,000||10.39%|
|$421,001 - $526,000||6.12%|
|$526,001 - $788,000||4.97%|
|$788,001 - $1,051,000||2.94%|
|PEOPLE OF OXFORD||DETAILS|
|UNDER 5 YEARS||4.98%|
|5 TO 17||11.00%|
|18 TO 24||34.66%|
|25 TO 34||14.68%|
|35 TO 54||17.99%|
|55 TO 64||6.65%|
|65 YEARS AND OVER||10.04%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||92.57%|
|MEDIAN HOUSEHOLD INCOME||$31,230|
|PER CAPITA INCOME||$22,025|
|INDIVIDUALS BELOW POVERTY LEVEL||38.67%|
|INDUSTRIES PEOPLE WORK IN||Education (22.16%)
Professional, scientific, and technical services (4.94%)
Public Service (3.75%)
|BLACK OR AFRICAN AMERICAN||18.93%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.10%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.32%|
|TWO OR MORE RACES||0.84%|
|HISPANIC OR LATINO (OF ANY RACE)||3.50%|
|ETHNICITIES PRESENT||English (12.45%)
|LANGUAGES SPOKEN||English (91.52%)
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