This was 9.2 percent lower than the state average of 43.7 percent. In 2020 the total municipality population reached 4,076.
92.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Paxton for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 196 | 7.1 |
| Regular high school diploma | 812 | 29.6 |
| GED or alternative credential | 147 | 5.4 |
| Some college, less than 1 year | 245 | 8.9 |
| Some college, 1 or more years, no degree | 397 | 14.5 |
| Associate's degree | 320 | 11.7 |
| Bachelor's degree | 436 | 15.9 |
| Master's degree | 169 | 6.2 |
| Professional school degree | 3 | 0.1 |
| Doctorate degree | 17 | 0.6 |
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