Retiring in Oxford

Retiring in Oxford offers Mississippi's real, favorable statewide retirement-income tax treatment, anchored by a real, top-rated regional hospital, alongside a genuine college-town cultural scene.

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Mississippi's real, full retirement-income exemption

Mississippi does not tax Social Security income at all, and fully exempts qualified retirement income (pensions, annuities, 401(k)/IRA distributions meeting retirement-plan requirements), with no income or age limit.

A genuinely low property tax rate, offset by above-median home prices

Oxford's effective property tax rate (~0.67-0.75%) runs genuinely low, though the city's average home value (~$400,674) runs meaningfully above the Mississippi statewide and national medians.

A real, top-rated regional hospital and college-town cultural scene

Baptist Memorial Hospital-North Mississippi, a top-5%-nationally rated 217-bed facility, anchors real local healthcare access, alongside Oxford's genuine Ole Miss and literary-heritage cultural offerings.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.