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Thaxton is a town in Pontotoc County, Mississippi, United States. The population was 513 at the 2000 census. There is a town of the same name in Virginia (see Thaxton, Virginia)
Thaxton is located at 34°18′11″N 89°10′19″W / 34.30306°N 89.17194°W / 34.30306; -89.17194 (34.302923, -89.171979).
According to the United States Census Bureau, the town has a total area of 8.5 square miles (22.1 km²), of which, 8.5 square miles (22.0 km²) of it is land and 0.04 square miles (0.1 km²) of it (0.47%) is water.