Paxton, Illinois.
Typical home $154,092 (+3.1% in a year).
to buy the typical home at today's mortgage rate — +$377 (+87%) since Jan 2020.
- 1 year
- Up $4,596 +3%
- $149,496$154,092 since Sep 2025
- 5 years
- Up $29,594 +24%
- $124,497$154,092 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Paxton$809
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Paxton, IL rose 3.1% over the past year — faster than the nation's +1.2%.
Living in Paxton, Ford County, Illinois
Paxton is a city of 4,450 people in Ford County. Half its households earn more than $62,386 a year and half less, against $62,439 across Ford County; 9% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Ford County was 3.6% in August 2026, and the county had 3.5% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Paxton is a small city in Ford County, Illinois, where most homes are lived in by their owners and the typical home value is modest. Household incomes are close to the county's, and the population is a little older than the middle of the country. Winters are cold, with a fair amount of snow, and summers turn warm, with rain and melted snow spread through the year.
Work. Many residents work in schools, hospitals and social care, in shops, and in transport, warehouses and utilities. Among the largest workplaces in Paxton are Colmac Coil Midwest, which makes air-conditioning equipment, and Accolade Healthcare of Paxton on Pells, a skilled nursing facility. Most people have a commute of moderate length, and a small share work from home.
Things to do. Bayles Lake, a reservoir, and Lake Iroquois, a lake, are both a short drive away. A longer drive brings you to Kennekuk Cove County Park, a protected area, and to the Krannert Art Museum, one of several museums and arts venues in the region. The Mabery Gelvin Botanical Garden is another longer trip for those who like gardens.
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- 1,789households
- 20%of adults have a degree
- 9%below the poverty line
- 26 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Ford County had 5,525 jobs in 2025, 3.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 15°; warmest in July, with highs near 84° and lows near 62°. About 18 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Paxton Wsw weather station, 2 miles away (NOAA).
Largest workplaces in Paxton
- Colmac Coil MidwestAir-conditioners, unit, manufacturing158
- Accolade Healthcare of Paxton on PellsSkilled nursing facilities133
- Accolade Healthcare of Paxton Senior LivingSkilled nursing facilities81
- Kirby Foods PaxtonFood stores51
- Eastern Illini Elec. Coop. Paxton HeadquartersDistribution of electric power46
- First Student21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 490 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Strong windRelatively high
- TornadoesRelatively high
- HailRelatively moderate
- Winter weatherRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Paxton’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Ford County.
Paxton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Paxton$154,092
- Illinois$295,943
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Paxton15
New listings per month
Sellers arriving at the market.
- Paxton6
Zip codes with a Paxton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Paxton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.