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Paxton is a village in Keith County, Nebraska, United States. The population was 614 at the 2000 census.
According to the United States Census Bureau, the village has a total area of 0.6 square miles (1.6 km2), all of it land.
As of the census of 2000, there were 614 people, 237 households, and 169 families residing in the village. The population density was 1,118.4 people per square mile (431.0/km²). There were 248 housing units at an average density of 451.7 per square mile (174.1/km²). The racial makeup of the village was 97.72% White, 0.49% African American, 0.49% Native American, 0.16% Asian, 0.33% from other races, and 0.81% from two or more races. Hispanic or Latino of any race were 1.63% of the population.