This character is a Other Symbol and is commonly used, that is, in no specific script.
The glyph is not a composition. Its East Asian Width is wide. In bidirectional text it acts as Other Neutral. When changing direction it is not mirrored. U+1F402 offers a line break opportunity at its position, except in some numeric contexts.
The CLDR project calls this character โoxโ for use in screen reading software. It assigns these additional labels, e.g. for search in emoji pickers: animal, animals, bull, farm, Taurus, zodiac.
This character is designated as an emoji. It will be rendered as colorful emoji on conforming platforms. To reduce it to a monochrome character, you can combine it with Variation Selector-15: ๐๏ธ See the Emojipedia for more details on this characterโs emoji properties.
The Wikipedia has the following information about this codepoint:
An ox (pl.: oxen), also known as a bullock (in British, Australian, and Indian English), is a bovine, trained and used as a draft animal. Oxen are commonly castrated adult male cattle; castration inhibits testosterone and aggression, which makes the males docile and safer to work with. Cows (adult females) or bulls (intact males) may also be used in some areas.
Oxen are used for plowing, for transport (pulling carts, hauling wagons and even riding), for threshing grain by trampling, and for powering machines that grind grain or supply irrigation among other purposes. Oxen may be also used to skid logs in forests, particularly in low-impact, select-cut logging.
Oxen are usually yoked in pairs. Light work such as carting household items on good roads might require just one pair, while for heavier work, further pairs would be added as necessary. A team used for a heavy load over difficult ground might exceed nine or ten pairs.