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Paxton, IL

Full City Profile · Illinois · Ford County County

3.2 /5.0
B Good
4,201 Population 1,382/sq mi density
$60,470 Median Income $31,431 per capita
$116,700 Home Value $145,881 Zillow
$922 Median Rent 25.4% income on rent
51°F Avg Temperature 275 sunny days/yr
286 Violent Crime/100K 1,001 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$60,470 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$116,700 home value, $922/mo rent
F
Safety
1.0 / 5.0
286 violent crimes/100K
C+
Education
2.7 / 5.0
21.1% bachelor's degree or higher

Housing Overview

Median Home Value
$116,700
59% below
US avg: $281,900
Median Rent
$922/mo
21% below
US avg: $1,163/mo
Homeownership Rate
70.3%
7% above US avg (65.4%)
Total Housing Units
1,941
Median year built: 1955

Home Value by Source

Census Median
$116,700
Zillow (ZHVI)
$145,881
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.3%
Owner-Occupied
29.7%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $922/mo

Affordability & Housing Stock

Rent Burden
25.4%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
70.3%

Complete Housing Data

Home Values

Census Median Value$116,700
Zillow Home Value (ZHVI)$145,881

Rent

Census Median Rent$922
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied70.3%
Renter-Occupied29.7%
Homeownership Rate70.3%
Total Housing Units1,941
Median Year Built1955
Rent Burden25.4%