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Paxton, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Paxton, Florida had a total population of 686, the 829th largest town in Florida, with a median household income of $61,136, which is 18% lower than the state average. The poverty rate is 11.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Paxton Quick Facts

Population 686
Median Household Income $61,136
Median Home Value $171,200
Poverty Rate 11.0%
Unemployment Rate 4.9%
Median Age 50.8 years
Homeownership Rate 78.9%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 10.3%
High School Graduation Rate 92.3%
Diversity Index 38/100
Population 686 829th of 955
Median Income $61,136 below average
Poverty Rate 11.0% 12% lower than national
Median Home Value $171,200 bottom 20%

How Paxton Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population621686+10.5%
Median household income$57,917$61,136+5.6%
Median home value$121,900$171,200+40.4%

How Paxton Compares

Economy & Housing

Household Income Distribution

Under $25K 16.0%
$25K-$50K 25.9%
$50K-$100K 46.3%
$100K+ 11.9%
Detailed income brackets
Under $10K
9.2%
$10K-$15K
3.1%
$15K-$20K
2.4%
$20K-$25K
1.4%
$25K-$30K
7.5%
$30K-$35K
4.8%
$35K-$40K
5.1%
$40K-$45K
7.1%
$45K-$50K
1.4%
$50K-$60K
6.5%
$60K-$75K
21.1%
$75K-$100K
18.7%
$100K-$125K
4.8%
$125K-$150K
7.1%
$150K-$200K
0.0%
$200K+
0.0%

Employment

4.9% Unemployment Rate State: 4.8%|National: 5.2%
51.7% Labor Force Participation

Housing Overview

Owner 78.9%
Renter 21.1%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $860/mo 16.9% of median household income annually

People & Demographics

Diversity Index

38out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Paxton Rankings in Florida

#829 Population of 955
#624 Median Income of 911
#847 Education of 955
#779 Home Value of 901

Other Cities in Walton County

CityPopulationMedian IncomePovertyHome Value
Miramar Beach 8,902 $103,250 4.5% $733,000
Freeport 6,689 $91,985 7.4% $407,800
DeFuniak Springs 6,532 $54,512 20.2% $201,400

Cities Similar to Paxton

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Yankeetown675$60,865$335,10029.3%18.1%
Coleman705$54,063$161,8001.2%10.7%
Matlacha770N/A$477,30024.3%9.5%
Glen St. Mary612$59,167$301,90011.9%28.3%
Lake Mystic601$60,476$300,00043.0%3.7%

A note before these figures: with a population of 686, Paxton's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Paxton is a small community located in Florida, within Walton County. The total population is 686. It ranks as the 829th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Paxton is 50.8 years. This is 19% higher than the state median of 42.6 years. Only 10.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Paxton is $61,136. This is 18% lower than the state median of $74,568. It is also 24% lower than the national median of $80,734. The poverty rate stands at 11.0%. This is 12% lower than the state poverty rate of 12.6%. The unemployment rate is 4.9%. This is 2% higher than the state rate of 4.8%. The median home value is $171,200. Housing costs are 52% lower than the state median of $359,000. With a home-value-to-income ratio of just 2.8x, Paxton is one of the most affordable housing markets in the area. 78.9% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Paxton is White (non-Hispanic), making up 77.3% of the population. Hispanic or Latino residents account for 14.9%. The White (non-Hispanic) population is significantly higher than the state average (77.3% vs 50.4%). The Black or African American population (2.5%) is well below the state average of 14.6%.

Education

10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.

Data Sources & Methodology

All demographic data for Paxton, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Paxton, Florida?

Paxton, Florida has a population of 686 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Paxton, FL?

The median household income in Paxton is $61,136, which is 24% lower than the national median of $80,734.

What is the poverty rate in Paxton, FL?

The poverty rate in Paxton is 11.0%. This means approximately 74 residents live below the federal poverty line.

What is the racial makeup of Paxton, Florida?

Paxton's population is 77.3% White, 2.5% Black, 14.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Paxton, FL?

The median home value in Paxton is $171,200. The home-value-to-income ratio is 2.8x.

How educated is Paxton, Florida?

10.3% of adults (25+) in Paxton hold a bachelor's degree or higher, and 2.6% hold a graduate or professional degree.