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 Type | 0% |
| One Bedroom | 5.80% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 49.50% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 4.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $89,900 |
| Median Price asked for vacant units | $83,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1944 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.60% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 52.20% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
