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The total population of Paxton town is estimated to be 5,013 with 2,532 males (50.51%) and 2,481 females (49.49%). There are 51 less females than males in Paxton town.
The median household income in Paxton town was $133,988 in 2021, which marked an an increase of 2,189(1.66%) from $131,799 in 2020. This income is 179.59% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $162,088. Overall, the median household income for the town of Paxton town stands at $133,988.
In Paxton town, the median income for all workers aged 15 years and older, regardless of work hours, was $60,612 for males and $33,779 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $84,331 for males and $81,632 for females.
In Paxton town, there are just three different racial groups among households. Among these, Black or African American households report a median household income of $270,229, followed by Two or More Races households at $179,539, and White households with a median household income of $130,333.
In 2022, the population of Paxton town was 5,024, a 0.18% decrease year-by-year from 2021. Previously, in 2021, Paxton town's population was 5,033, an increase of 0.60% compared to a population of 5,003 in 2020.
The median age in Paxton, Massachusetts is 36.7, as per 2021 ACS 5-Year Estimates. Of the total population, 14.67% were under the age of 15, 27.49% aged 15 to 29, 41.72% aged 30 to 64, 14.17% aged 65 to 84, and 1.96% were 85 years of age and older.
Racial distribution of Paxton town population: 87.73% are White, 7.75% are Black or African American, 1.52% are Asian, 0.14% are Native Hawaiian and other Pacific Islander, 0.08% are some other race and 2.78% are multiracial.