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The median household income in Oxford town was $125,852 in 2021, which marked an an increase of 5,638(4.69%) from $120,214 in 2020. This income is 168.69% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Oxford town sees its highest median household income among householders in the age group of 45 to 64 years old, at $161,392. Overall, the median household income for the town of Oxford town stands at $125,852.
In Oxford town, the median income for all workers aged 15 years and older, regardless of work hours, was $71,981 for males and $48,278 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $107,692 for males and $79,262 for females.
In Oxford town, there are just three different racial groups among households. Among these, Asian households report a median household income of $227,596, followed by Two or More Races households at $170,667, and White households with a median household income of $125,488.
In 2021, the population of Oxford town was 12,768, a 0.55% increase year-by-year from 2020. Previously, in 2020, Oxford town's population was 12,698, a decline of 4.12% compared to a population of 13,244 in 2019.
The median age in Oxford, Connecticut is 46.9, as per 2021 ACS 5-Year Estimates. Of the total population, 16.75% were under the age of 15, 13.50% aged 15 to 29, 49.95% aged 30 to 64, 17.55% aged 65 to 84, and 2.24% were 85 years of age and older.
The total population of Oxford town is estimated to be 12,744 with 6,642 males (52.12%) and 6,102 females (47.88%). There are 540 less females than males in Oxford town.
Racial distribution of Oxford town population: 90.42% are White, 1.08% are Black or African American, 3.07% are Asian, 2.74% are some other race and 2.69% are multiracial.