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The total population of Paw Paw is estimated to be 981 with 509 males (51.89%) and 472 females (48.11%). There are 37 less females than males in Paw Paw.
The median household income in Paw Paw was $56,711 in 2021, which marked an a decrease of 1,868(3.19%) from $58,579 in 2020. This income is 76.01% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Paw Paw sees its highest median household income among householders in the age group of 45 to 64 years old, at $71,498. Overall, the median household income for the village of Paw Paw stands at $56,711.
In Paw Paw, the median income for all workers aged 15 years and older, regardless of work hours, was $35,280 for males and $25,929 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,776 for males and $47,065 for females.
In Paw Paw, population is primarily represented by White households, reporting a median income of $56,674.
In 2022, the population of Paw Paw was 816, a 1.45% decrease year-by-year from 2021. Previously, in 2021, Paw Paw's population was 828, an increase of 0.12% compared to a population of 827 in 2020.
The median age in Paw Paw, IL is 35.0, as per 2021 ACS 5-Year Estimates. Of the total population, 20.88% were under the age of 15, 17.34% aged 15 to 29, 45.93% aged 30 to 64, 13.70% aged 65 to 84, and 2.14% were 85 years of age and older.
Racial distribution of Paw Paw population: 99.46% are White, 0.11% are Black or African American, 0.21% are some other race and 0.21% are multiracial.