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Paxton village, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Paxton village, Nebraska has a total population of 643, the 177th largest city in Nebraska, with a median household income of $73,750, which is 2% lower than the state average. The poverty rate is 5.7%.

Key Takeaways

Paxton village Quick Facts

Population 643
Median Household Income $73,750
Median Home Value $114,700
Poverty Rate 5.7%
Unemployment Rate 1.2%
Median Age 30.8 years
Homeownership Rate 73.1%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 23.3%
High School Graduation Rate 95.8%
Diversity Index 19/100
Population 643 177th of 584
Median Income $73,750 top 30%
Poverty Rate 5.7% 54% lower national
Median Home Value $114,700 average

How Paxton village Compares

Economy & Housing

Employment

1.2% Unemployment Rate State: 3.0% | National: 5.2%
73.7% Labor Force Participation

Housing Overview

Owner 73.1%
Renter 26.9%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Paxton village Rankings in Nebraska

#177 Population of 584
#148 Median Income of 584
#203 Education of 584
#236 Home Value of 584

Cities Similar to Paxton village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Glenwood CDP663N/A$283,10080.7%0.0%
Palmyra village642$81,458$160,90010.1%6.7%
Cortland village629$68,250$173,40013.6%4.9%
Mead village600$73,500$151,60012.0%3.8%
Bertrand village684$72,266$129,90025.9%3.9%

Population Overview

Paxton village is a small community located in Nebraska. The total population is 643. It ranks as the 177th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Paxton village is 30.8 years. This is 17% lower than the state median of 37.1 years. With 34.4% of the population under 18, Paxton village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Paxton village is $73,750. This is 2% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 6% lower. The poverty rate stands at 5.7%. This is 45% lower than the state poverty rate of 10.3%. The unemployment rate is 1.2%. This is 61% lower than the state rate of 3.0%. The median home value is $114,700. Housing costs are 49% lower than the state median of $223,800. With a home-value-to-income ratio of just 1.6x, Paxton village is one of the most affordable housing markets in the area. 73.1% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 66.5%.

Race & Ethnicity

Paxton village has a predominantly White (non-Hispanic) population, comprising 89.3% of all residents. Hispanic or Latino residents account for 8.6%.

Education

23.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.8%.

Data Sources & Methodology

All demographic data for Paxton village, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Paxton village, Nebraska?

Paxton village, Nebraska has a population of 643 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Paxton village, NE?

The median household income in Paxton village is $73,750, which is 6% lower the national median of $78,538.

What is the poverty rate in Paxton village, NE?

The poverty rate in Paxton village is 5.7%. This means approximately 36 residents live below the federal poverty line.

What is the racial makeup of Paxton village, Nebraska?

Paxton village's population is 89.3% White, 0.0% Black, 8.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Paxton village, NE?

The median home value in Paxton village is $114,700. The home-value-to-income ratio is 1.6x.

How educated is Paxton village, Nebraska?

23.3% of adults (25+) in Paxton village hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.