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Paxson

Learn about the people, housing, costs and businesses in Paxson, Alaska

Median Home$292,800
Median Rent$1,089/month
Population26
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade7% construction
Retirees27% of residentsabove average nationally
Homeowners67% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableTransit79/100 · excellent transit access
Paxson
AK

Frequently Asked Questions

What are today's mortgage rates in Paxson?

As of today, the 30-year fixed mortgage rate for Paxson is approximately 6.924% (6.961% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Paxson?

The median home value in Paxson is $293k. The median monthly rent is $1,089. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Paxson?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paxson is $79k/year.

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What industries drive the economy in Paxson?

The largest employment sectors in Paxson are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.