Taxes in Oxford
Oxford's tax picture combines a genuinely low effective property tax rate with Mississippi's real, statewide flat income tax and favorable retirement-income treatment.
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Learn moreA genuinely low effective property tax rate
Oxford's effective property tax rate ran approximately 0.67% per one cited source, with a separate calculation from 2024 Census-sourced tax-bill data implying closer to ~0.75% -- both genuinely low relative to the national median (~1.02%).
Mississippi's real, current 4% flat income tax
Mississippi taxes income above $10,000 (single) / $20,000 (married filing jointly) at a flat 4% for 2026, down from 4.4% in 2025, under the real 2022 Mississippi Tax Freedom Act glide path, with further cuts scheduled through 2030.
A real, favorable 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.
Key takeaways
- Oxford's effective property tax rate (~0.67-0.75%) runs genuinely low nationally.
- Mississippi's 4% flat income tax (2026) applies statewide, with further cuts scheduled through 2030.
- Social Security and qualified retirement income are fully exempt from Mississippi state tax.
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