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Oxoboxo River

Learn about the people, housing, costs and businesses in Oxoboxo River, Connecticut

Median Home$287,238
Median Rent$1,186/month
Population2,953
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services15% arts, food & hospitality
Home Value Growth⬆⬆+19.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners78% of occupied units
NotableHighly Educated28% bachelor's · 14% graduate · top 12% nationally
NotableVeteran Community9% of residents · top 22% nationally
Oxoboxo River
CT

Frequently Asked Questions

What are today's mortgage rates in Oxoboxo River?

As of today, the 30-year fixed mortgage rate for Oxoboxo River is approximately 6.819% (6.852% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Oxoboxo River?

The median home value in Oxoboxo River is $287k. The median monthly rent is $1,186. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oxoboxo River?

Home values in Oxoboxo River have increased 19.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Oxoboxo River?

Based on a typical all-in ownership cost of $1,366/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oxoboxo River is $91k/year.

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What industries drive the economy in Oxoboxo River?

The largest employment sectors in Oxoboxo River are public administration (24%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.