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Paxton, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Paxton, Illinois had a total population of 4,131, the 371st largest city in Illinois, with a median household income of $62,386, which is 25% lower than the state average. The poverty rate is 8.6%.

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

Key Takeaways

Paxton Quick Facts

Population 4,131
Median Household Income $62,386
Median Home Value $120,400
Poverty Rate 8.6%
Unemployment Rate 1.6%
Median Age 39.3 years
Homeownership Rate 73.0%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 19.7%
High School Graduation Rate 93.5%
Diversity Index 15/100
Population 4,131 371st of 1,445
Median Income $62,386 below average
Poverty Rate 8.6% 31% lower than national
Median Home Value $120,400 average

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
Population4,2014,131-1.7%
Median household income$60,470$62,386+3.2%
Median home value$116,700$120,400+3.2%

How Paxton Compares

Economy & Housing

Household Income Distribution

Under $25K 17.2%
$25K-$50K 21.9%
$50K-$100K 33.2%
$100K+ 27.7%
Detailed income brackets
Under $10K
4.4%
$10K-$15K
5.0%
$15K-$20K
5.6%
$20K-$25K
2.2%
$25K-$30K
1.9%
$30K-$35K
7.3%
$35K-$40K
0.4%
$40K-$45K
4.8%
$45K-$50K
7.5%
$50K-$60K
7.9%
$60K-$75K
11.2%
$75K-$100K
14.1%
$100K-$125K
13.5%
$125K-$150K
5.1%
$150K-$200K
6.7%
$200K+
2.4%

Employment

1.6% Unemployment Rate State: 5.8%|National: 5.2%
63.0% Labor Force Participation

Housing Overview

Owner 73.0%
Renter 27.0%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $784/mo 15.1% of median household income annually

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

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

State average: 61 | National average: 61

Education

Paxton Rankings in Illinois

#371 Population of 1,445
#844 Median Income of 1,374
#645 Education of 1,444
#705 Home Value of 1,372

Other Cities in Ford County

CityPopulationMedian IncomePovertyHome Value
Gibson City 3,434 $42,955 14.3% $153,800
Piper City 703 $39,680 13.1% $80,400
Roberts 487 $60,500 28.9% $59,700
Melvin 430 $43,958 20.2% $66,300
Sibley 286 $72,250 11.0% $90,600
Elliott 258 $51,094 16.4% $83,800
Kempton 258 $81,250 13.6% $67,600

Cities Similar to Paxton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Caseyville4,130$60,669$96,80011.5%14.3%
Hometown4,215$61,101$173,40016.4%6.9%
West Peoria4,238$66,098$93,90022.9%8.4%
Sullivan4,348$63,229$102,50015.9%10.3%
Dupo3,879$61,644$113,80017.8%8.5%

Population Overview

Paxton is a small community located in Illinois, within Ford County. The total population is 4,131. It ranks as the 371st most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Paxton is 39.3 years. This is about the same as the state median of 39.0 years. 10.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Paxton is $62,386. This is 25% lower than the state median of $83,390. It is also 23% lower than the national median of $80,734. The poverty rate stands at 8.6%. This is 27% lower than the state poverty rate of 11.8%. The unemployment rate is 1.6%. This is 72% lower than the state rate of 5.8%. The median home value is $120,400. Housing costs are 54% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.9x, Paxton is one of the most affordable housing markets in the area. 73.0% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 67.1%.

Race & Ethnicity

Paxton has a predominantly White (non-Hispanic) population, comprising 92.2% of all residents. Hispanic or Latino residents account for 3.0%. The White (non-Hispanic) population is significantly higher than the state average (92.2% vs 58.1%). The Black or African American population (0.4%) is well below the state average of 13.3%. The Hispanic or Latino population (3.0%) is well below the state average of 18.8%.

Education

19.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.5%.

Data Sources & Methodology

All demographic data for Paxton, Illinois 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 Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. 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, Illinois?

Paxton, Illinois has a population of 4,131 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Paxton, IL?

The median household income in Paxton is $62,386, which is 23% lower than the national median of $80,734.

What is the poverty rate in Paxton, IL?

The poverty rate in Paxton is 8.6%. This means approximately 328 residents live below the federal poverty line.

What is the racial makeup of Paxton, Illinois?

Paxton's population is 92.2% White, 0.4% Black, 3.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Paxton, IL?

The median home value in Paxton is $120,400. The home-value-to-income ratio is 1.9x.

How educated is Paxton, Illinois?

19.7% of adults (25+) in Paxton hold a bachelor's degree or higher, and 4.8% hold a graduate or professional degree.