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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 Rate8.7%
Poverty Rate0.0%
Gini Coefficient0.444
Cost of Living Index87.8

Commute

Mean Commute20 minutes
Drive Alone91.6%
Public Transit5.0%
Work From Home0.0%

Businesses

Total Establishments316
Restaurants15
Healthcare16
Retail29
Manufacturing12

Tax

IRS Avg AGI$63,794
Avg Property Tax$2,438