Last updated: 2024 BLS data · Page refreshed:
Paxton has a population of 686 with a median age of 50.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 686 |
| Median Age | 50.8 |
| White | 77.7% |
| Black or African American | 2.5% |
| Hispanic or Latino | 14.9% |
| Other / Two or More Races | 4.9% |
The median household income in Paxton is $61,136, which is 24.2% below the national median of $80,610. The per capita income is $24,763. The poverty rate is 11.0%.
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In Paxton, 92.3% of residents age 25+ have a high school diploma or higher, and 10.3% hold a bachelor's degree or higher (2.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.3% |
| Bachelor's Degree or Higher | 10.3% |
| Graduate or Professional Degree | 2.6% |
The median home value in Paxton is $171,200, below the national median of $303,400. The median monthly rent is $860. The homeownership rate is 78.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $171,200 |
| Median Monthly Rent | $860 |
| Homeownership Rate | 78.9% |
| Vacancy Rate | 10.4% |
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