Housing costs in Paw Paw?
A typical home costs
$191,800, which is 43.3% less expensive than the national average of
$338,100 and 37.3% more expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Paw Paw costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 6.5% more than the state average of
$860.
Can I afford Paw Paw?
To live comfortably in Paw Paw (zip 25434), West Virginia, a minimum annual income of
$36,720 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Paw Paw?
The cost of living in 25434 Paw Paw, WV is relatively affordable compared to other areas of the country. The median home value is $183,300, which is well below the national average of $231,200. The median household income is also lower than the national average at $50,663 versus $60,293 nationally. Despite these lower costs however, the unemployment rate in Paw Paw is slightly higher than the national average at 4.4% versus 3.9% for the US as a whole. Additionally, residents enjoy relatively low taxes with an effective tax rate of 6%, making it one of the most affordable places to live in West Virginia.