Packwood, IA
Full City Profile · Iowa · Keokuk County County
2.8
/5.0
C+
Fair
484
Population
645/sq mi density
$43,750
Median Income
$19,168 per capita
$79,100
Home Value
$148,908 Zillow
$750
Median Rent
37.5% income on rent
49°F
Avg Temperature
275 sunny days/yr
95
Violent Crime/100K
3,016 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$43,750 median income, 8.7% unemployment
A+
Affordability
5.0 / 5.0
$79,100 home value, $750/mo rent
F
Safety
1.0 / 5.0
95 violent crimes/100K
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher
Income Overview
Median Household Income
$43,750
42% below
US avg: $75,149
Per Capita Income
$19,168
51% below
US avg: $39,052
Unemployment Rate
8.7%
142% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Packwood vs. U.S. Average
Each bar shows Packwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$43,750
58%
Per Capita
US: $39,052
$19,168
49%
IRS Avg AGI
US: $72,000
$63,794
89%
Avg Weekly Wage
US: $1,432
$913
64%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$913
36% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
91.6%
25% above US avg (73.2%)
Public Transit
5.0%
1% above US avg (5.0%)
County GDP
$443M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
91.6%
Public Transit
5%
Work From Home
0%
Other
3.4%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
316
Restaurants
15
Healthcare
16
Retail
29
Manufacturing
12
Tax & Financial
IRS Avg Adjusted Gross Income
$63,794
11% below US avg ($72,000)
Avg Property Tax
$2,438
30% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $43,750 |
| Per Capita Income | $19,168 |
| IRS Avg Adjusted Gross Income | $63,794 |
| Avg Weekly Wage | $913 |
| County GDP | $443M |
Hardship Indicators
| Unemployment Rate | 8.7% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.444 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 91.6% |
| Public Transit | 5.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 316 |
| Restaurants | 15 |
| Healthcare | 16 |
| Retail | 29 |
| Manufacturing | 12 |
Tax
| IRS Avg AGI | $63,794 |
| Avg Property Tax | $2,438 |
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