ZIP Code 38655 — Oxford city, MS Demographics & Data

ZIP code 38655 covers Oxford, MS in Lafayette County with a population of about 45,377.

At a glance, the area shows median age of 32.7 versus a U.S. median of about 38.9.

It sits in telephone area code 662; U.S. House district MS-1; the MEMPHIS media market.

Median household income in ZIP 38655 is about $64,423 — about 14% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 20.0%; unemployment rate near 1.8%; 48.1% of adults with a bachelor’s degree or higher (about 14.4 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Healthcare, and Retail trade; about 6.4% of workers reporting work-from-home (about 8.8 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $275,500 — about 21% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $881 (about 24% below the U.S. median rent ($1,163)), and owner-occupancy near 60.3% (about 5.1 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 38655 in Oxford, MS, a household would need roughly $76,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,770. That is about 18% above the local median household income ($64,423), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Oxford city, MS as Relatively Low (composite score 64.4), which is near the middle of the national distribution. The strongest component scores on US5 are hurricane (61.1) and wildfire (48.1). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Oxford city, MS show little to no average snow and around 60.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,549 for ZIP 38655 (Oxford city, MS) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.