Paxton, NE
Population 643 · Nebraska
About Paxton, NE
Paxton is a small community in Nebraska with a population of 643 residents. The median household income is $73,750 per year, which is above the national average. The median age in Paxton is 30.8 years.
Housing in Paxton has a median home value of $114,700 and median monthly rent of $842. Of the 282 total housing units, the majority are owner-occupied, with 177 owner-occupied and 65 renter-occupied units.
The unemployment rate in Paxton is 1.2% and the poverty rate is 5.7%. 23.3% of residents hold a bachelor's degree or higher. The average commute time is 19.1 minutes.
Cost of Living in Paxton, NE
Compared to national averages, Paxton has a median household income of $73,750 (2% below the national median of $75,149). Home values average $114,700, which is 53% below the national median. Monthly rent at $842 is 28% below the US average of $1,163. Within Nebraska, Paxton's income is 12% above the state average of $65,895, and home values are 9% below the state median of $125,824.
Why Live in Paxton, NE?
Paxton offers affordable housing with a median home value of $114,700, below the US average of $244,900, and rent that’s lower than the national average at $842/month, and a strong job market with an unemployment rate of just 1.2%. Additionally, the city features a low poverty rate of 5.7%, better than the national average, and short commute times averaging just 19.1 minutes.
Potential considerations include median household income ($73,750) that falls below the national average. However, Paxton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Paxton has a population of 643 with a median age of 30.8 years. Compare Paxton with other cities to see how it stacks up, or explore all cities in Nebraska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Paxton
What is the population of Paxton, NE?
The population of Paxton, NE is 643 according to the latest Census data.
What is the median household income in Paxton?
The median household income in Paxton, NE is $73,750 per year.
What is the median home value in Paxton?
The median home value in Paxton, NE is $114,700.
What is the average rent in Paxton?
The median monthly rent in Paxton, NE is $842.
What is the unemployment rate in Paxton?
The unemployment rate in Paxton, NE is 1.2%.