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Paw Paw Lake, MI
Full City Profile · Michigan · Van Buren County County
3.2
/5.0
B
Good
3,794
Population
740/sq mi density
$65,360
Median Income
$34,809 per capita
$191,100
Home Value
$217,393 Zillow
$1,151
Median Rent
51.0% income on rent
50°F
Avg Temperature
260 sunny days/yr
352
Violent Crime/100K
1,290 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$65,360 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$191,100 home value, $1,151/mo rent
F
Safety
1.0 / 5.0
352 violent crimes/100K
B
Education
3.3 / 5.0
28.4% bachelor's degree or higher
Housing Overview
Median Home Value
$191,100
32% below
US avg: $281,900
Median Rent
$1,151/mo
1% below
US avg: $1,163/mo
Homeownership Rate
73.1%
12% above US avg (65.4%)
Total Housing Units
2,706
Median year built: 1961
Home Value by Source
Census Median
$191,100
Zillow (ZHVI)
$217,393
Median Sale Price
$206,000
Median List Price
$272,497
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.1%
Owner-Occupied
26.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,151/mo
Market Indicators (Redfin)
Median Days on Market
64 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$196
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
73.1%
Complete Housing Data
Home Values
| Census Median Value | $191,100 |
| Zillow Home Value (ZHVI) | $217,393 |
| Median Sale Price | $206,000 |
| Median List Price | $272,497 |
| Price Per Sq Ft | $196 |
Rent
| Census Median Rent | $1,151 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 64 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 2 |
| Active Inventory | 15 |
| Price Per Sq Ft | $196 |
Ownership & Stock
| Owner-Occupied | 73.1% |
| Renter-Occupied | 26.9% |
| Homeownership Rate | 73.1% |
| Total Housing Units | 2,706 |
| Median Year Built | 1961 |
| Rent Burden | 51.0% |