Packwood, IA
Full City Profile · Iowa · Keokuk County County
Packwood, IA
At a Glance
How Packwood Compares to the U.S. Average
Each bar shows Packwood's value as a percentage of the national average (100% = U.S. avg)
Is Packwood a Good Place to Live?
Economy & Jobs
Packwood residents earn a median household income of $43,750 , which is 42% below the national average of $75,149. Per capita income is $19,168. The unemployment rate stands at 13.9% (286% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 316 business establishments, including 15 restaurants.
Housing & Cost of Living
The median home value in Packwood is $79,100 , 72% below the national median of $281,900. Zillow estimates the typical home at $156,913. Median rent is $750/month, with 37.5% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1971.
Education
15.5% of adults in Packwood hold a bachelor's degree or higher (54% below the national average). 81.0% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Packwood has an average annual temperature of 50°F (10°C). Winters average 22°F in January while summers reach 74°F in July. Annual precipitation totals 38.4 inches.