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
Housing Overview
Median Home Value
$79,100
72% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
86.8%
33% above US avg (65.4%)
Total Housing Units
156
Median year built: 1971
Home Value by Source
Census Median
$79,100
Zillow (ZHVI)
$148,908
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.8%
Owner-Occupied
13.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$750/mo
Affordability & Housing Stock
Rent Burden
37.5%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
86.8%
Complete Housing Data
Home Values
| Census Median Value | $79,100 |
| Zillow Home Value (ZHVI) | $148,908 |
Rent
| Census Median Rent | $750 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 86.8% |
| Renter-Occupied | 13.2% |
| Homeownership Rate | 86.8% |
| Total Housing Units | 156 |
| Median Year Built | 1971 |
| Rent Burden | 37.5% |
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