Oxford is a medium-sized city located in the state of Mississippi. With a population of 25,416 people and 13 constituent neighborhoods, Oxford is the 14th 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. This seems to be the case in Oxford, where the median household income is $48,566.00.
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 88.42% 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 teaching (17.06%), sales jobs (12.38%), and food service (10.16%).
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.
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 18.94 minutes getting to work every day.
If knowledge is power, Oxford is a pretty powerful place. 61.27% 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 2018 was $30,162, which is wealthy relative to Mississippi, and middle income relative to the rest of the US. This equates to an annual income of $120,648 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 31.17% of its population below the federal poverty line.
Oxford is an extremely 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 Italian.
The most common language spoken in Oxford is English. Other important languages spoken here include Spanish and Arabic.