Oxford is a city in Ohio state in USA with a population of 23192 residents.. The poverty rate of Oxford is 45.1%, which is 222% higher than national average. The typical household in Oxford earns $39840 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.9% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Oxford are struggling financially. Nearly one in every 1 in every 9 workers in Oxford is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Oxford, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oxford remained 11.3%, which is 140% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oxford, only 64% of adults have a bachelor's degree and 17% have some college but no degree.

Cost of living in Oxford is 88, which is 12% lower than national average. Median home value in Oxford is $195200 , which is 15% lower than national average. While median income in Oxford remained $39840, which is 41% lower than national average.