Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Paw Paw Lake is a small-sized city located in the state of Michigan. The city has a population of 3,520 inhabitants. According to the most recent Census, 73% of Paw Paw Lake residents are White, 0% Black and 0% Asian. The Paw Paw Lake population appears to be aging at a faster rate than normal. The median age is currently 59, which is on the high side when compared to most other cities. Paw Paw Lake has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 79% of the population is classified as married and 30% have kids. If you are not a fan of long commutes, you will enjoy living in Paw Paw Lake. With an average one way commute time of only 21 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Paw Paw Lake could be a positive experience compared to other cities in Michigan if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Paw Paw Lake and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, health & safety, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Michigan and national averages.
The livability score in Paw Paw Lake is 66/100 and the city is ranked in the 64th percentile of all cities across America. If we dig a little deeper into each category within the livability score, we see that Paw Paw Lake has higher than average rankings for the following: crime (A), cost of living (A+) and housing (A). There are some categories that Paw Paw Lake ranks poorly for, including: amenities (F) and education (D). It might be worth taking a closer look to find out why.
The Paw Paw Lake unemployment rate of 1.43% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Paw Paw Lake market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Paw Paw Lake meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Paw Paw Lake. Everything else becomes a lot less important if it turns out that home prices in Paw Paw Lake are simply unattainable. The median home price for Paw Paw Lake homes is $150,500, which is 17.8% higher than the Michigan average. If we take a closer look at the affordability of homes in Paw Paw Lake, we’ll see that the home price to income ratio is 2.7, which is 8% higher than the Michigan average.
| Statistic | Paw Paw Lake | Michigan | National |
| Average one way commute | 21min | 24min | 26min |
| Workers who drive to work | 90.3% | 82.5% | 76.4% |
| Workers who carpool | 2.0% | 8.8% | 9.3% |
| Workers who take public transit | 0.7% | 1.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 0.7% | 2.2% | 2.8% |
| Working from home | 6.4% | 3.7% | 4.6% |
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