Oxford, MI
Population 3,478 · Michigan
About Oxford, MI
Oxford is a small town located in Michigan with a population of 3,478 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,214 per year, which is 17% above the national median of $75,149. The median age of 43.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Oxford features a median home value of $351,300, which is 43% above the national median of $244,900. This positions Oxford in a moderately priced market relative to the rest of the country. Median monthly rent is $901, 23% below the national average of $1,163/month. Of the 1,549 total housing units, 72% are owner-occupied (1,079 units) and 28% are renter-occupied (419 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oxford shows an unemployment rate of 10.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oxford have an average one-way commute time of 30.3 minutes.
Education & Demographics
48.6% of Oxford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.2% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 3.1% Asian residents, with 6.5% of the population being foreign-born.
Cost of Living in Oxford, MI
Compared to national averages, Oxford has a median household income of $88,214 (17% above the national median of $75,149). Home values average $351,300, which is 43% above the national median. Monthly rent at $901 is 23% below the US average of $1,163. Within Michigan, Oxford's income is 34% above the state average of $66,017, and home values are 92% above the state median of $183,391.
Why Live in Oxford, MI?
Oxford offers a strong local economy with a median household income of $88,214, well above the national average, and rent that’s lower than the national average at $901/month, and a well-educated community where 48.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.4%, better than the national average.
Oxford has a population of 3,478 with a median age of 43.1 years. Compare Oxford with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Oxford
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Durand | 3,485 | $60,032 | $123,900 | Compare |
| Benton Heights | 3,572 | $33,871 | $87,500 | Compare |
| Level Park-Oak Park | 3,367 | $70,051 | $128,100 | Compare |
| Essexville | 3,344 | $76,182 | $121,200 | Compare |
| Clare | 3,341 | $43,105 | $124,800 | Compare |
| Romeo | 3,654 | $73,500 | $245,700 | Compare |
| Cedar Springs | 3,661 | $56,711 | $203,400 | Compare |
| Paw Paw | 3,277 | $38,989 | $133,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oxford With Other Cities
Frequently Asked Questions about Oxford
What is the population of Oxford, MI?
The population of Oxford, MI is 3,478 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Oxford?
The median household income in Oxford, MI is $88,214 per year, which is 17% above the national median of $75,149.
What is the median home value in Oxford?
The median home value in Oxford, MI is $351,300, which is 43% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oxford?
The median monthly rent in Oxford, MI is $901, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Oxford?
The unemployment rate in Oxford, MI is 10.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oxford, MI a good place to live?
Oxford offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,478 and a median age of 43.1, the city appeals to a broad range of residents.
How educated is Oxford, MI?
48.6% of residents in Oxford aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oxford?
Key cost-of-living indicators for Oxford, MI: median home value is $351,300 (43% above national), median rent is $901/month, and median household income is $88,214. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Oxford?
The poverty rate in Oxford, MI is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oxford, MI?
Oxford's population is 1.2% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 3.1% Asian, and 4.2% two or more races. 6.5% of residents are foreign-born.