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Paw Paw Lake, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,889
Population
$67,674
Median Income
$191,700
Home Value
39.0
Median Age

Demographics

Paw Paw Lake has a population of 3,889 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:

White
83.6%
Other
8.6%
Hispanic
4.8%
Asian
1.6%
Black
1.4%
Demographic Value
Total Population3,889
Median Age39.0
White83.6%
Black or African American1.4%
Asian1.6%
Hispanic or Latino4.8%
Other / Two or More Races8.6%
Paw Paw Lake, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 83.6%Other: 8.6%Hispanic/Latino: 4.8%Other: 3.0%3,889PopulationWhiteWhite83.6%OtherOther8.6%Hispanic/LatinoHispanic/Latino4.8%OtherOther3.0%

Income & Economy

The median household income in Paw Paw Lake is $67,674, which is 16.0% below the national median of $80,610. The per capita income is $36,723. The poverty rate is 17.8%.

$67,674
Median Household Income
$36,723
Per Capita Income
17.8%
Poverty Rate

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Education

In Paw Paw Lake, 87.9% of residents age 25+ have a high school diploma or higher, and 26.1% hold a bachelor's degree or higher (10.3% with a graduate or professional degree).

HS Diploma+
87.9%
Bachelor's+
26.1%
Graduate+
10.3%
Education Level % of Adults (25+)
High School Diploma or Higher87.9%
Bachelor's Degree or Higher26.1%
Graduate or Professional Degree10.3%

Housing

The median home value in Paw Paw Lake is $191,700, below the national median of $303,400. The median monthly rent is $1,164. The homeownership rate is 74.8%.

$191,700
Median Home Value
$1,164/mo
Median Rent
74.8%
Homeownership Rate
Housing Metric Value
Median Home Value$191,700
Median Monthly Rent$1,164
Homeownership Rate74.8%
Vacancy Rate41.3%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Paw Paw Lake, Michigan?
The population of Paw Paw Lake, Michigan is 3,889 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Paw Paw Lake, Michigan?
The median household income in Paw Paw Lake, Michigan is $67,674. This is 16.0% below the national median of $80,610.
What is the median home value in Paw Paw Lake, Michigan?
The median home value in Paw Paw Lake, Michigan is $191,700. The median monthly rent is $1,164.
What percentage of people in Paw Paw Lake have a college degree?
In Paw Paw Lake, Michigan, 26.1% of adults age 25 and older hold a bachelor's degree or higher, and 87.9% have a high school diploma or higher.
Is Paw Paw Lake, Michigan an affordable place to live?
The home price-to-income ratio in Paw Paw Lake, Michigan is 2.8x (median home value $191,700 vs. median income $67,674), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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