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Packwood, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
539
Population
$51,500
Median Income
$80,000
Home Value
36.3
Median Age

Demographics

Packwood has a population of 539 with a median age of 36.3. Here is the racial and ethnic breakdown of the population:

White
98.9%
Other
1.1%
Demographic Value
Total Population539
Median Age36.3
White98.9%
Other / Two or More Races1.1%
Packwood, Iowa — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.9%Other: 1.1%539PopulationWhiteWhite98.9%OtherOther1.1%

Income & Economy

The median household income in Packwood is $51,500, which is 36.1% below the national median of $80,610. The per capita income is $19,833. The poverty rate is 0.7%.

$51,500
Median Household Income
$19,833
Per Capita Income
0.7%
Poverty Rate

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Education

In Packwood, 82.9% of residents age 25+ have a high school diploma or higher, and 19.2% hold a bachelor's degree or higher (4.0% with a graduate or professional degree).

HS Diploma+
82.9%
Bachelor's+
19.2%
Graduate+
4.0%
Education Level % of Adults (25+)
High School Diploma or Higher82.9%
Bachelor's Degree or Higher19.2%
Graduate or Professional Degree4.0%

Housing

The median home value in Packwood is $80,000, below the national median of $303,400. The median monthly rent is $722. The homeownership rate is 85.7%.

$80,000
Median Home Value
$722/mo
Median Rent
85.7%
Homeownership Rate
Housing Metric Value
Median Home Value$80,000
Median Monthly Rent$722
Homeownership Rate85.7%
Vacancy Rate5.6%

Salaries in Iowa

Explore salary data for popular occupations in Iowa:

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Other Cities in Iowa

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Frequently Asked Questions

What is the population of Packwood, Iowa?
The population of Packwood, Iowa is 539 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Packwood, Iowa?
The median household income in Packwood, Iowa is $51,500. This is 36.1% below the national median of $80,610.
What is the median home value in Packwood, Iowa?
The median home value in Packwood, Iowa is $80,000. The median monthly rent is $722.
What percentage of people in Packwood have a college degree?
In Packwood, Iowa, 19.2% of adults age 25 and older hold a bachelor's degree or higher, and 82.9% have a high school diploma or higher.
Is Packwood, Iowa an affordable place to live?
The home price-to-income ratio in Packwood, Iowa is 1.6x (median home value $80,000 vs. median income $51,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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