How much do homeowners pay a month in Paw Paw Lake, MI?
Homeowners with a mortgage in Paw Paw Lake, MI pay a median of $1,386 (±$106) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $477 (±$69).
59.4% of owned homes carry a mortgage.
In Paw Paw Lake, the median monthly cost with a mortgage went from $999 in 2015–2019 to $1,386 in 2020–2024 (+38.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,386 (±$106)
- Without a mortgage
- $477 (±$69)
- Owned with a mortgage
- 59.4%
Monthly owner costs in Paw Paw Lake
| Paw Paw Lake | Berrien County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,386 (±$106) | $1,462 (±$25) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $477 (±$69) | $568 (±$12) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 59.4% (±10.7 points) | 56.0% (±1.4 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,971 (±$327) | $2,429 (±$48) | $2,904 (±$9) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Paw Paw Lake, the median cost with a mortgage is not measurably different from Berrien County ($1,462).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Berrien County, Paw Paw Lake ranks 2 of 4 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 45 of 80.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Paw Paw Lake have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $999 (±$167) | $1,386 (±$106) | +38.7% | No measurable change after inflation |
| Median real estate taxes | $1,563 (±$258) | $1,971 (±$327) | +26.1% | No measurable change after inflation |
| Median home value | $126,200 (±$51,578) | $191,700 (±$21,634) | +51.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Paw Paw Lake
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Paw Paw Lake | — | $1,386 (±$106) | — |
| Watervliet Township | 1.6 mi | $1,424 (±$261) | Not measurably different |
| Watervliet | 1.9 mi | $1,232 (±$176) | Not measurably different |
| Coloma | 2.4 mi | $1,180 (±$93) | Lower |
| Covert Township | 5.0 mi | $1,061 (±$128) | Lower |
| Hagar Township | 5.1 mi | $1,353 (±$83) | Not measurably different |
| Hartford | 5.6 mi | $1,172 (±$143) | Lower |
| Hartford Township | 5.7 mi | $1,193 (±$188) | Not measurably different |
| Bainbridge Township | 7.3 mi | $1,408 (±$102) | Not measurably different |
Nearby places with a measurably lower figure: Coloma, MI ($1,180), Covert Township, MI ($1,061), Hartford, MI ($1,172).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Berrien County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Shorewood-Tower Hills-Harbert | $1,664 (±$434) |
| 2 | Paw Paw Lake | $1,386 (±$106) |
| 3 | Fair Plain | $1,238 (±$89) |
| 4 | Benton Heights | $1,157 (±$201) |
Paw Paw Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Coloma Charter Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Paw Paw Lake
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Paw Paw Lake beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Paw Paw Lake, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Paw Paw Lake, and send estimates and invoices from your phone.
Questions about Paw Paw Lake
What is the average mortgage payment in Paw Paw Lake?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Paw Paw Lake, MI is $1,386 (±$106) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Paw Paw Lake?
Owners without a mortgage in Paw Paw Lake pay a median of $477 (±$69) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Paw Paw Lake gone up?
In Paw Paw Lake, the median monthly cost with a mortgage went from $999 in 2015–2019 to $1,386 in 2020–2024 (+38.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paw Paw Lake CDP, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Paw Paw Lake CDP, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Paw Paw Lake CDP, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Paw Paw Lake CDP, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Paw Paw Lake CDP, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Paw Paw Lake CDP, Michigan (place:63020, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Paw Paw Lake at a glance
- Median rent in Paw Paw Lake
- Rent by bedrooms in Paw Paw Lake
- Rent burden in Paw Paw Lake
- Renters and owners in Paw Paw Lake
- Income and affordability in Paw Paw Lake
- Home values in Paw Paw Lake
- Property taxes in Paw Paw Lake
- Types of homes in Paw Paw Lake
- Bedrooms in Paw Paw Lake
- Age of homes in Paw Paw Lake
- Heating fuel in Paw Paw Lake
- Commute and cars in Paw Paw Lake
- Population growth in Paw Paw Lake
- How long people stay in Paw Paw Lake
- Michigan landlord and tenant rules
- Housing across Berrien County
- Housing data for every place in Michigan