Thaxton, MS
Population 650 · Mississippi
About Thaxton, MS
Thaxton is a small community located in Mississippi with a population of 650 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,250 per year, which is 8% above the national median of $75,149. The median age of 41.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Thaxton features a median home value of $208,500, which is 15% below the national median of $244,900. This positions Thaxton in a moderately priced market relative to the rest of the country. Median monthly rent is $788, 32% below the national average of $1,163/month. Of the 347 total housing units, 87% are owner-occupied (224 units) and 13% are renter-occupied (34 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thaxton shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.5%, above the national average of 12.4%. Workers in Thaxton have an average one-way commute time of 27.3 minutes.
Education & Demographics
26.7% of Thaxton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.7% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 0.3% of the population being foreign-born.
How Thaxton Ranks in Mississippi
Cost of Living in Thaxton, MS
Compared to national averages, Thaxton has a median household income of $81,250 (8% above the national median of $75,149). Home values average $208,500, which is 15% below the national median. Monthly rent at $788 is 32% below the US average of $1,163. Within Mississippi, Thaxton's income is 63% above the state average of $49,929, and home values are 66% above the state median of $125,705.
Why Live in Thaxton, MS?
Thaxton offers a strong local economy with a median household income of $81,250, well above the national average, and affordable housing with a median home value of $208,500, below the US average of $244,900, and rent that’s lower than the national average at $788/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%.
Thaxton has a population of 650 with a median age of 41.3 years. Compare Thaxton with other cities to see how it stacks up, or explore all cities in Mississippi.
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Demographics
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Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Thaxton
What is the population of Thaxton, MS?
The population of Thaxton, MS is 650 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in Thaxton?
The median household income in Thaxton, MS is $81,250 per year, which is 8% above the national median of $75,149.
What is the median home value in Thaxton?
The median home value in Thaxton, MS is $208,500, which is 15% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thaxton?
The median monthly rent in Thaxton, MS is $788, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Thaxton?
The unemployment rate in Thaxton, MS is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Thaxton, MS a good place to live?
Thaxton offers above-average incomes, affordable housing, and a strong job market. With a population of 650 and a median age of 41.3, the city appeals to a broad range of residents.
How educated is Thaxton, MS?
26.7% of residents in Thaxton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Thaxton?
Key cost-of-living indicators for Thaxton, MS: median home value is $208,500 (15% below national), median rent is $788/month, and median household income is $81,250. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thaxton?
The poverty rate in Thaxton, MS is 12.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Thaxton, MS?
Thaxton's population is 1.7% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.