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Thaxton, Mississippi Demographics & Population 2026

During the 2020–2024 ACS period, Thaxton, Mississippi had a total population of 688, the 236th largest town in Mississippi, with a median household income of $77,500, which is 37% higher than the state average. The poverty rate is 16.1%.

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

Key Takeaways

Thaxton Quick Facts

Population 688
Median Household Income $77,500
Median Home Value $231,500
Poverty Rate 16.1%
Unemployment Rate 0.0%
Median Age 36.0 years
Homeownership Rate 87.4%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 25.2%
High School Graduation Rate 89.5%
Diversity Index 11/100
Population 688 236th of 420
Median Income $77,500 top 20%
Poverty Rate 16.1% 30% higher than national
Median Home Value $231,500 top 10%

How Thaxton 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
Population650688+5.8%
Median household income$81,250$77,500-4.6%
Median home value$208,500$231,500+11.0%

How Thaxton Compares

Economy & Housing

Household Income Distribution

Under $25K 12.2%
$25K-$50K 18.1%
$50K-$100K 33.9%
$100K+ 35.8%
Detailed income brackets
Under $10K
3.5%
$10K-$15K
2.0%
$15K-$20K
3.9%
$20K-$25K
2.8%
$25K-$30K
2.0%
$30K-$35K
3.5%
$35K-$40K
0.4%
$40K-$45K
5.1%
$45K-$50K
7.1%
$50K-$60K
1.2%
$60K-$75K
10.6%
$75K-$100K
22.1%
$100K-$125K
9.8%
$125K-$150K
10.2%
$150K-$200K
11.4%
$200K+
4.3%

Employment

0.0% Unemployment Rate State: 5.8%|National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 87.4%
Renter 12.6%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $820/mo 12.7% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 56 | National average: 61

Education

Thaxton Rankings in Mississippi

#236 Population of 420
#45 Median Income of 349
#105 Education of 419
#28 Home Value of 354

Other Cities in Pontotoc County

CityPopulationMedian IncomePovertyHome Value
Pontotoc 5,806 $46,167 17.4% $155,800
Ecru 1,550 $65,000 16.1% $196,700
Algoma 897 $58,125 5.0% $186,500
Randolph 613 $48,029 32.1% $218,700
Toccopola 280 $39,083 28.6% $97,600

Cities Similar to Thaxton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Scooba718N/AN/A23.1%48.9%
Mississippi Valley State University741$75,425N/A92.8%0.0%
Polkville713$67,031$97,50012.9%18.0%
Meridian Station661$64,773N/A69.3%6.4%
Lakeview596N/AN/A13.8%10.1%

A note before these figures: with a population of 688, Thaxton'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

Thaxton is a small community located in Mississippi, within Pontotoc County. The total population is 688. It ranks as the 236th most populous out of 420 Census-designated places in Mississippi.

Age Demographics

The median age in Thaxton is 36.0 years. This is 7% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Thaxton is $77,500. This is 37% higher than the state median of $56,447. It is also 4% lower than the national median of $80,734. The poverty rate stands at 16.1%. This is 15% lower than the state poverty rate of 18.9%. The survey records no unemployed residents in Thaxton, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $231,500. Housing costs are 36% higher than the state median of $169,800. The home-value-to-income ratio is 3.0x. 87.4% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 70.0%.

Race & Ethnicity

Thaxton has a predominantly White (non-Hispanic) population, comprising 94.3% of all residents. Hispanic or Latino residents account for 1.6%. The White (non-Hispanic) population is significantly higher than the state average (94.3% vs 55.2%). The Hispanic or Latino population (1.6%) is well below the state average of 3.7%.

Education

25.2% of residents aged 25 and older hold a bachelor's degree or higher. This is about the same as the state rate of 25.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.5%.

Data Sources & Methodology

All demographic data for Thaxton, Mississippi 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 Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Mississippi. 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 Thaxton, Mississippi?

Thaxton, Mississippi has a population of 688 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Thaxton, MS?

The median household income in Thaxton is $77,500, which is 4% lower than the national median of $80,734.

What is the poverty rate in Thaxton, MS?

The poverty rate in Thaxton is 16.1%. This means approximately 111 residents live below the federal poverty line.

What is the racial makeup of Thaxton, Mississippi?

Thaxton's population is 94.3% White, 0.0% Black, 1.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Thaxton, MS?

The median home value in Thaxton is $231,500. The home-value-to-income ratio is 3.0x.

How educated is Thaxton, Mississippi?

25.2% of adults (25+) in Thaxton hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.