Paw Paw, IL Profile: Facts & Data

Paw Paw, Illinois - Basic Facts

The Village of Paw Paw had a population of 788 as of July 1, 2024.

The primary coordinate point for Paw Paw is located at latitude 41.6889 and longitude -88.9812 in Lee County. The formal boundaries for the Village of Paw Paw encompass a land area of 0.59 sq. miles and a water area of 0 sq. miles. Lee County is in the Central time zone (GMT -6).

The Village of Paw Paw has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Paw Paw is located within Township of Wyoming, a minor civil division (MCD) of Lee County.

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Paw Paw, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	788 (100%)
Population in Households	788 (100.0%)
Population in Families	637 (80.8%)
Population in Group Quarters¹	0
Population Density	1,314
Diversity Index²	28


INCOME
Median Household Income	$62,002
Average Household Income	$78,171
% of Income for Mortgage⁴	16%
Per Capita Income	$34,324
Wealth Index⁵	55
Socioeconomic Status Index⁶	Moderate (55.8)

HOUSING
Total HU (Housing Units)	395 (100%)
Owner Occupied HU	283 (71.6%)
Renter Occupied HU	63 (15.9%)
Vacant Housing Units	49 (12.4%)
Median Home Value	$162,705
Average Home Value	$185,159
Housing Affordability Index³	131

HOUSEHOLDS
Total Households	346
Average Household Size	2.28
Family Households	216
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

395 (100%)

Owner Occupied HU

283 (71.6%)

Renter Occupied HU

63 (15.9%)

Vacant Housing Units

49 (12.4%)

Median Home Value

$162,705

Average Home Value

$185,159

Housing Affordability Index³

131

HOUSEHOLDS

Total Households

346

Average Household Size

2.28

Family Households

216

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.50%	-0.15%
Households	0.14%	0.34%
Families		0.37%
Median Household Income		2.14%
Per Capita Income		2.76%
Owner Occupied HU		0.56%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.50%

-0.15%

Households

0.14%

0.34%

Families

0.37%

Median Household Income

2.14%

Per Capita Income

2.76%

Owner Occupied HU

0.56%

Paw Paw, IL - Peer Comparisons by Rank and Percentile

The table below compares Paw Paw to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 753	49th
Population Density	# 507	65th
Median Household Income	# 993	32nd
Housing Affordability Index	# 680	47th
Per Capita Income	# 993	32nd
Diversity Index	# 561	62nd

Variable Description

Rank

Percentile

Total Population

# 753

49th

Population Density

# 507

65th

Median Household Income

# 993

32nd

Housing Affordability Index

# 680

47th

Per Capita Income

# 993

32nd

Diversity Index

# 561

62nd

Illinois Census Data Comparison Tool

Paw Paw, IL Profile: Facts & Data

Paw Paw, Illinois - Basic Facts

Paw Paw, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Paw Paw, IL - Peer Comparisons by Rank and Percentile

Paw Paw, IL - Most Popular Things to Do

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Lee County