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The total population of Paxton is estimated to be 583 with 294 males (50.43%) and 289 females (49.57%). There are 5 less females than males in Paxton.
The median household income in Paxton was $45,128 in 2021, which marked an an increase of 4,254(10.41%) from $40,874 in 2020. This income is 60.49% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Paxton sees its highest median household income among householders in the age group of 45 to 64 years old, at $62,398. Overall, the median household income for the town of Paxton stands at $45,128.
In Paxton, the median income for all workers aged 15 years and older, regardless of work hours, was $21,348 for males and $22,401 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,152 for males and $36,030 for females.
In Paxton, population is primarily represented by White households, reporting a median income of $39,859.
In 2022, the population of Paxton was 618, a 4.57% increase year-by-year from 2021. Previously, in 2021, Paxton's population was 591, an increase of 5.54% compared to a population of 560 in 2020.
The median age in Paxton, FL is 50.6, as per 2021 ACS 5-Year Estimates. Of the total population, 10.42% were under the age of 15, 17.71% aged 15 to 29, 51.64% aged 30 to 64, 18.60% aged 65 to 84, and 1.64% were 85 years of age and older.
Racial distribution of Paxton population: 85.86% are White, 4.17% are Black or African American and 9.97% are multiracial.