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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

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
87%
13%
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-Occupied86.8%
Renter-Occupied13.2%
Homeownership Rate86.8%
Total Housing Units156
Median Year Built1971
Rent Burden37.5%