Paxton, IL Real Estate

According to census data in the year 2000 there were 1,876 housing units in Paxton. This represents a 2.7% growth from 1,826 in 1990.

Of those housing units, 1,876 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Paxton is about 78%. Paxton's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Paxton were built after 1951.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom8%
Two Bedrooms26.90%
Three Bedrooms45.60%
Four Bedrooms16.30%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1947
Median Value of occupied units$69,000
Median Price asked for vacant units$54,200

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1964
Median Monthly Rent asked for vacant units$294

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage8.60%
Home Equity Loan3.70%
Simple Mortgage51.40%
Debt Free35.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%