Living in Thaxton, Mississippi
Cost of living, income, home prices, rent and demographics of Thaxton · Census data 2020–2024
Thaxton has 688 residents with a median age of 36. The median household income is $77,500 (37% higher than the Mississippi median), the median home value is $231,500, the median rent is $820/month.
Thaxton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Thaxton at a glance
- Population
- 688
- Median age
- 36State: 38.6
- Median household income
- $77,500State: $56,447
- Median home value
- $231,500State: $169,800
- Median rent
- $820/moState: $954
- Homeowners
- 87.4%
- Bachelor's degree or higher
- 25.2%
- Average commute
- 28 min
Is Thaxton a good place to live?
Pros: Median household income 37% higher than the Mississippi median; a poverty rate of 16.1%.
Cons: Home values 36% higher than the state median; an average commute of 28 minutes.
The weather is best in April–May and September–October.
Cost of living in Thaxton
Housing is the biggest part of the cost of living. In Thaxton the median home value is $231,500, 30% lower than the U.S. median. Renters pay a median of $820 per month, which is 21.7% of household income. Homeowners with a mortgage pay $1,215 a month in housing costs.
Thaxton median household income
The median household income in Thaxton is $77,500 and the income per person is $35,690. 16.1% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Thaxton: homes for sale and rent
- Housing units
- 333
- Owner-occupied
- 87.4%
- Renter-occupied
- 12.6%
- Vacant
- 23.7%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.71
Thaxton demographics
- Population
- 688
- Median age
- 36
- Under 18
- 19%
- 65 and older
- 16.9%
- Households
- 254
- Foreign-born
- 0.3%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Thaxton ›
Education in Thaxton
25.2% of adults 25 and older in Thaxton have a bachelor's degree or higher (Mississippi: 25.1%), and 11.1% have a graduate or professional degree.
Jobs and commute in Thaxton
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 28 minState: 26 min
- Work from home
- 1.3%
- Drive alone
- 73.8%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 85.8%
Thaxton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thaxton | 688 | $77,500 | $231,500 | $820 |
| Toccopola | 280 | $39,083 | $97,600 | $975 |
| Randolph | 613 | $48,029 | $218,700 | — |
| Ecru | 1,550 | $65,000 | $196,700 | $797 |
| Pontotoc | 5,806 | $46,167 | $155,800 | $803 |
| Algoma | 897 | $58,125 | $186,500 | $864 |
| New Albany | 7,663 | $51,332 | $161,400 | $973 |
| Blue Springs | 268 | $44,286 | $158,300 | $733 |
| Myrtle | 771 | $65,833 | $158,600 | $939 |
More for people moving to Thaxton
Thaxton ZIP code ›Weather and climate ›Living in Thaxton: FAQ
What is the median household income in Thaxton, MS?
The median household income in Thaxton is $77,500, 37% higher than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Thaxton?
The median home value in Thaxton is $231,500, compared with $169,800 in Mississippi.
How much is rent in Thaxton?
The median gross rent in Thaxton is $820 per month, about 21.7% of household income.
Is Thaxton, MS a good place to live?
Pluses: median household income 37% higher than the Mississippi median; a poverty rate of 16.1%. Minuses: home values 36% higher than the state median; an average commute of 28 minutes.
What is the median age in Thaxton?
The median age in Thaxton is 36 years (Mississippi: 38.6).
How long is the commute in Thaxton?
The average commute to work in Thaxton is 28 minutes; 1.3% of workers work from home.
What is the unemployment rate in Thaxton?
The unemployment rate in Thaxton is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thaxton?
25.2% of adults in Thaxton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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