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Paw Paw Public

Learn about the people, housing, costs and businesses in Paw Paw Public, Michigan

Median Home$178,841
Median Rent$864/month
Population28,221
Leading IndustryRetail18% of local workforce
Home Value Growth⬆⬆+20.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners75% of occupied units
NotableAffordable Market$179k median home · lower cost than 71% of the country
Paw Paw Public
MI

Frequently Asked Questions

What are today's mortgage rates in Paw Paw Public?

As of today, the 30-year fixed mortgage rate for Paw Paw Public is approximately 7.025% (7.066% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Paw Paw Public
What is the median home price in Paw Paw Public?

The median home value in Paw Paw Public is $179k. The median monthly rent is $864. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paw Paw Public?

Home values in Paw Paw Public have increased 20.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Paw Paw Public?

Based on a typical all-in ownership cost of $939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paw Paw Public is $69k/year.

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What industries drive the economy in Paw Paw Public?

The largest employment sectors in Paw Paw Public are public administration (25%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.