City

Paxton, IL

1 ZIP code  ·  Ford County  ·  Illinois

👥5,620Population
💰$66,741Median HH Income▼ 13% below avg
🎂39.5Median Age
🏠$122,200Median Home Value▼ 56% below avg
🎓35.8%College Grads▼ 8% below avg
📊1.3%Unemployment▼ 73% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.3% Female 47.7% ♀

Race & Ethnicity

White: 93.3%Hispanic: 2.4%Black: 0.3%Other: 4%Race
White93.3%
Hispanic2.4%
Black0.3%
Other4.0%

Age Breakdown

Under 5
6%
5–17
18%
18–24
8%
25–44
23%
45–64
24%
65+
7%

Key Indicators

Median Age39.5 yrs
Avg HH Size2.27
Below Poverty7.0% ▼ 30% below avg
College Grads35.8% ▼ 8% below avg
Unemployment1.3% ▼ 73% below avg
No HS Diploma24 (0.7%)
HS Graduate1,059 (28.8%)
Some College623 (16.9%)
Associates659 (17.9%)
Bachelors467 (12.7%)
Graduate Degree849 (23.1%)

Education

No HS: 0.7%HS Grad: 28.8%Some College: 16.9%Associates: 17.9%Bachelors: 12.7%Graduate: 23.1%Edu
No HS0.7%
HS Grad28.8%
Some College16.9%
Associates17.9%
Bachelors12.7%
Graduate23.1%
Housing & Income

Housing Tenure

Owner: 75.1%Renter: 24.9%Tenure
Owner75.1%
Renter24.9%

Home Value Distribution

Under $50k
5%
$50k–$100k
19%
$100k–$150k
39%
$150k–$200k
20%
$200k–$300k
12%
$300k–$500k
5%
Over $500k
0%

Financials

Median HH Income$66,741 ▼ 13% below avg
Median Home Value$122,200 ▼ 56% below avg
Home/Income Ratio1.8x (nat avg ~3.5x)
Median Rent$920/mo
Total Housing Units2,627
Vacant Units264

Income Distribution

Under $25k
14%
$25k–$50k
23%
$50k–$75k
18%
$75k–$100k
17%
$100k–$150k
16%
$150k–$200k
6%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
87%
Walked
3%
Work From Home
10%

Commute Time

Under 15 min
36%
15–30 min
27%
30–45 min
21%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
20%
1960s–1970s
11%
1980s–1990s
4%
2000+
62%
About Paxton, IL

Paxton is a city in Illinois, located in Ford County. The city spans 1 ZIP code and is home to approximately 5,620 residents. It is a middle-aged city, with a median age of 39.5 years.

Economically, Paxton is a solidly middle-class community. The median household income of $66,741 is near the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.

The real estate market in Paxton is one of the more affordable housing markets in the country. Median home values stand at $122,200, which is well below the national average. Renters typically pay around $920 per month. Homeownership is high at 75.1%, typical of suburban and family-oriented communities.

The population of Paxton is moderately educated. 35.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.31%).

Paxton, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Paxton
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
60957 5,620 $66,741 $122,200 $920 1.3% 35.8% 75.1%