Paavola is a former municipality of Finland, now a village in the municipality of Siikajoki. The village is located beside the Siikajoki river. Though lacking rail transport connections, the settlement does lie beside the crossroads of routes 86 and 807.
In 1973, Paavola was consolidated with the neighboring municipality of Revonlahti to form the municipality of Ruukki. Ruukki in turn was consolidated with Siikajoki in 2007.