Walton County Real Estate - Paxton

Paxton is in North West Florida. It's population as recorded in the 2010 Census was 644. Paxton is approximately 53 miles from Navarre (population 31,378) and around 22 miles from Crestview (population 20,978).

The median age for residents of Paxton is 41.5. Around 32.8% of Paxton households include school aged children and 30.8% of households include individuals aged 65 years or over. Census records indicate 88.9% of the Paxton population are White, 3.4% are Black or African American, 2.6% American Indian, .4% Asian and 3.1% are Two or more Races.

There are 310 housing units in Paxton. 51 (16.4%) of these were reported as vacant in the 2010 Census. There are 50 residential rental units in Paxton. 45 of them were occupied in 2010 providing a residential rental vacancy rate of 10%.

Paxton links:

Walton County

Walton County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Largest industries by employment are leisure & hospitality; trade, transportation, & utility; and education & health services. Major private sector employers for Walton County are Sandestin Golf and Beach Resort, Sacred Heart on the Emerald Coast, ResortQuest, and Hilton Sandestin Beach Golf Resort & Spa. Top public sector employers include Walton County School Board and Walton County Government. Cities and towns in Walton County include DeFuniak Springs, Freeport, and Paxton.

Neighboring Properties

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Local Household Income

The median household income in this part of Florida is $50,843. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $409,192 per year. Most renters earn between $20,136 (20th percentile) and $39,888 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $101,686 and $127,108.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $744. Most renters earn between $1,678 and $3,324 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $486 (20th percentile) to $1,034 (80th percentile) range. The residential vacancy rate is 7%.

Disclaimers and Disclosures

Public Records Data

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