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ZipNumbers

Michigan · Census place 62020

Oxford village, MI

Quick answer

Oxford village has 3,478 residents, ranking #223 of 745 places in Michigan. Median household income is $88,214, the median home is worth $351,300 and median gross rent runs $901 a month.

Population
3,478Oxford village residents
Median household income
$88,214Past 12 months, inflation adjusted
Median home value
$351,300Owner-occupied units
Median gross rent
$901Rent plus utilities, monthly
Median age
43.1 yrsAll residents
Homeownership rate
72%Owner-occupied households

What the numbers mean in Oxford village

Housing cost measured against local earnings.

A household earning the Oxford village median would spend about 12.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.4% of residents and 72% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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