Michigan · Census place 63020
Paw Paw Lake CDP, MI
Quick answer
Paw Paw Lake CDP has 3,794 residents, ranking #216 of 745 places in Michigan. Median household income is $65,360, the median home is worth $191,100 and median gross rent runs $1,151 a month.
- Population
- 3,794Paw Paw Lake CDP residents
- Median household income
- $65,360Past 12 months, inflation adjusted
- Median home value
- $191,100Owner-occupied units
- Median gross rent
- $1,151Rent plus utilities, monthly
- Median age
- 40.2 yrsAll residents
- Homeownership rate
- 73.1%Owner-occupied households
What the numbers mean in Paw Paw Lake CDP
Housing cost measured against local earnings.
A household earning the Paw Paw Lake CDP median would spend about 21.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.9% of residents and 73.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Vicksburg village 3,824
- Portland city 3,821
- Williamston city 3,800
- Plainwell city 3,764
- Imlay City city 3,706
- Cedar Springs city 3,661
- Romeo village 3,654
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