Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Paxton, Illinois is a small city with a population of 4,076 people. At 91%, the majority of the Paxton population is White; this is followed by 2% Black and 1% Asian. If you're not a fan of traffic congestion and long commute times to work, Paxton is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Paxton, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Paxton, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, employment, housing and more.
The livability score in Paxton is 66/100 and the city is ranked in the 64th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Paxton has higher than average grades for the following: crime (B) and housing (A-). There are some categories that Paxton ranks poorly for, including: amenities (F). It might be worth taking a closer look to find out why.
When contemplating a move, job prospects often top the list of priorities. In Paxton, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.22% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Paxton apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Paxton meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Paxton. Everything else becomes a lot less important if it turns out that home prices in Paxton are simply unattainable. The median home price for Paxton homes is $97,700, which is 44.1% lower than the Illinois average. If we take a closer look at the affordability of homes in Paxton, we’ll see that the home price to income ratio is 1.9, which is 36.7% lower than the Illinois average.
| Statistic | Paxton | Illinois | National |
| Average one way commute | 19min | 29min | 26min |
| Workers who drive to work | 83.0% | 73.4% | 76.4% |
| Workers who carpool | 7.9% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 9.2% | 5.1% |
| Workers who bicycle | 0.9% | 0.6% | 0.6% |
| Workers who walk | 2.9% | 3.1% | 2.8% |
| Working from home | 5.1% | 4.4% | 4.6% |
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