Modern invented name, possibly meaning from the settlement
Traxton is a contemporary American invention, likely created by combining the trendy 'Trax-' prefix with the traditional '-ton' suffix. The suffix '-ton' is derived from Old English, meaning a town or settlement, while 'Trax' may be inspired by the word 'track' or the name Braxton.
Less common today
Traxton isn't in the latest US Top 1000. It last peaked at #5,196 in 2011.
US births per 5-year period, 1990βpresent (SSA data).