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Paw Paw, IL Real Estate


According to census data in the year 2000 there were 364 housing units in Paw Paw. This represents a 9.3% growth from 333 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 364 were located in what is classified as a rural area.

Homeownership rate in Paw Paw is about 80.1%. Paw Paw's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Paw Paw were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.80%
Two Bedrooms30.20%
Three Bedrooms49.50%
Four Bedrooms10.20%
Five Bedrooms or more4.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1943
Median Value of occupied units$89,900
Median Price asked for vacant units$83,800

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1944

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.60%
Home Equity Loan6.40%
Simple Mortgage52.20%
Debt Free39.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%