Living in Paw Paw, Illinois
Cost of living, income, home prices, rent and demographics of Paw Paw · Census data 2020–2024
Paw Paw has 932 residents with a median age of 40.9. The median household income is $65,156 (22% lower than the Illinois median), the median home value is $153,900, the median rent is $920/month.
Paw Paw is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Paw Paw at a glance
- Population
- 932
- Median age
- 40.9State: 39
- Median household income
- $65,156State: $83,390
- Median home value
- $153,900State: $263,300
- Median rent
- $920/moState: $1,274
- Homeowners
- 75.5%
- Bachelor's degree or higher
- 12.8%
- Average commute
- 40 min
Is Paw Paw a good place to live?
Pros: Home values 42% lower than the state median; unemployment of 4.6%; a poverty rate of 8.3%.
Cons: Median household income 22% lower than the Illinois median; an average commute of 40 minutes.
The weather is best in June to September.
Cost of living in Paw Paw
Housing is the biggest part of the cost of living. In Paw Paw the median home value is $153,900, 54% lower than the U.S. median. Renters pay a median of $920 per month, which is 19.1% of household income. Homeowners with a mortgage pay $1,301 a month in housing costs.
Paw Paw median household income
The median household income in Paw Paw is $65,156 and the income per person is $30,688. 8.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Paw Paw: homes for sale and rent
- Housing units
- 436
- Owner-occupied
- 75.5%
- Renter-occupied
- 24.5%
- Vacant
- 12.8%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.45
Paw Paw demographics
- Population
- 932
- Median age
- 40.9
- Under 18
- 18.7%
- 65 and older
- 22.1%
- Households
- 380
- Foreign-born
- 0.8%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Paw Paw ›
Education in Paw Paw
12.8% of adults 25 and older in Paw Paw have a bachelor's degree or higher (Illinois: 37.8%), and 4.1% have a graduate or professional degree.
Jobs and commute in Paw Paw
- Unemployment rate
- 4.6%State: 5.8%
- Average commute
- 40 minState: 28 min
- Work from home
- 6.6%
- Drive alone
- 82.4%
- Public transit
- 0%
- Walk to work
- 4.3%
- Homes with broadband
- 91.3%
Paw Paw vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Paw Paw | 932 | $65,156 | $153,900 | $920 |
| Compton | 259 | $57,500 | $80,800 | $1,009 |
| Shabbona | 572 | $63,750 | $186,600 | $975 |
| Earlville | 1,942 | $63,553 | $142,200 | $966 |
| Lee | 320 | $82,000 | $150,500 | $1,188 |
| West Brooklyn | 152 | $76,250 | $85,000 | $1,611 |
| Leland | 1,065 | $79,583 | $186,800 | $1,054 |
| Mendota | 6,994 | $51,632 | $134,100 | $773 |
| Steward | 271 | $102,500 | $148,000 | $1,375 |
More for people moving to Paw Paw
Paw Paw ZIP code ›Weather and climate ›Living in Paw Paw: FAQ
What is the median household income in Paw Paw, IL?
The median household income in Paw Paw is $65,156, 22% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Paw Paw?
The median home value in Paw Paw is $153,900, compared with $263,300 in Illinois.
How much is rent in Paw Paw?
The median gross rent in Paw Paw is $920 per month, about 19.1% of household income.
Is Paw Paw, IL a good place to live?
Pluses: home values 42% lower than the state median; unemployment of 4.6%; a poverty rate of 8.3%. Minuses: median household income 22% lower than the Illinois median; an average commute of 40 minutes.
What is the median age in Paw Paw?
The median age in Paw Paw is 40.9 years (Illinois: 39).
How long is the commute in Paw Paw?
The average commute to work in Paw Paw is 40 minutes; 6.6% of workers work from home.
What is the unemployment rate in Paw Paw?
The unemployment rate in Paw Paw is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Paw Paw?
12.8% of adults in Paw Paw have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: