Paxton town, Florida Demographics & Population 2026

Population Overview

Paxton town is a small community located in Florida. The total population is 621. It ranks as the 837th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Paxton town is 49.4 years. This is 16% higher than the state median of 42.6 years. Only 10.6% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Paxton town is $57,917. This is 19% lower than the state median of $71,711. Compared to the national median of $78,538, household income here is 26% lower. The poverty rate stands at 10.0%. This is 21% lower than the state poverty rate of 12.6%. The unemployment rate is 6.0%. This is 26% higher than the state rate of 4.8%. The median home value is $121,900. Housing costs are 62% lower than the state median of $325,000. With a home-value-to-income ratio of just 2.1x, Paxton town is one of the most affordable housing markets in the area. 76.0% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Paxton town is White (non-Hispanic), making up 79.1% of the population. Hispanic or Latino residents account for 16.1%. The White (non-Hispanic) population is significantly higher than the state average (79.1% vs 51.4%). The Black or African American population (2.6%) is well below the state average of 14.8%.

Education

8.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 76% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.2%.

Data Sources & Methodology

All demographic data for Paxton town, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.