Do Business Here
Paxton is good for business! Our vibrant downtown corridor showcases a wide variety of businesses, including two family-owned businesses that have been thriving for 4 generations. Our rural community continually supports business throughout the city—near the interstate, downtown and those located throughout town.
The business climate in Paxton is robust and shows promise of only strengthening in the years to come. Creating and maintaining a healthy economy is critical to any community because job creation, spending dollars and tax growth make other services stronger and more accessible. Encouraging residents and visitors to spend their dollars here has the added bonus of our low retail sales tax rate of 6.25%.
Incentives
The City of Paxton also offers a TIF (Tax Increment Financing) District that is used to create and retain both new and existing businesses. Various grants and loans are available to business owners using this TIF tool. Click here to connect to the City’s information on TIF.
The Paxton Area Chamber of Commerce and Paxton Main Street can also assist in directing potential business owners to additional regional partners that are able to provide other avenues to grow or start your business ideas. Whether you are in the manufacturing, service or retail industry, Paxton would be a great place to open, operate and grow your business.