Last updated: 2024 BLS data · Page refreshed:
Paxton has a population of 4,131 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,131 |
| Median Age | 39.3 |
| White | 93.1% |
| Black or African American | 0.6% |
| Hispanic or Latino | 3.0% |
| Other / Two or More Races | 3.3% |
The median household income in Paxton is $62,386, which is 22.6% below the national median of $80,610. The per capita income is $32,712. The poverty rate is 8.6%.
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In Paxton, 93.5% of residents age 25+ have a high school diploma or higher, and 19.7% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.5% |
| Bachelor's Degree or Higher | 19.7% |
| Graduate or Professional Degree | 4.8% |
The median home value in Paxton is $120,400, below the national median of $303,400. The median monthly rent is $784. The homeownership rate is 72.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $120,400 |
| Median Monthly Rent | $784 |
| Homeownership Rate | 72.9% |
| Vacancy Rate | 8.5% |
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