City

Packwood, IA

1 ZIP code  ·  Jefferson County  ·  Iowa

👥691Population
💰$44,009Median HH Income▼ 42% below avg
🎂46.3Median Age
🏠$112,200Median Home Value▼ 60% below avg
🎓31.3%College Grads▼ 19% below avg
📊9.2%Unemployment▲ 88% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 39.5% Female 60.5% ♀

Race & Ethnicity

White: 98.7%Other: 1.3%Race
White98.7%
Other1.3%

Age Breakdown

Under 5
12%
5–17
13%
18–24
3%
25–44
21%
45–64
22%
65+
11%

Key Indicators

Median Age46.3 yrs
Avg HH Size2.46
Below Poverty0.7% ▼ 93% below avg
College Grads31.3% ▼ 19% below avg
Unemployment9.2% ▲ 88% above avg
HS Graduate251 (54.6%)
Some College43 (9.3%)
Associates22 (4.8%)
Bachelors76 (16.5%)
Graduate Degree68 (14.8%)

Education

HS Grad: 54.6%Some College: 9.3%Associates: 4.8%Bachelors: 16.5%Graduate: 14.8%Edu
HS Grad54.6%
Some College9.3%
Associates4.8%
Bachelors16.5%
Graduate14.8%
Housing & Income

Housing Tenure

Owner: 83.3%Renter: 16.7%Tenure
Owner83.3%
Renter16.7%

Home Value Distribution

Under $50k
3%
$50k–$100k
31%
$100k–$150k
32%
$150k–$200k
23%
$200k–$300k
7%
$300k–$500k
4%

Financials

Median HH Income$44,009 ▼ 42% below avg
Median Home Value$112,200 ▼ 60% below avg
Home/Income Ratio2.5x (nat avg ~3.5x)
Median Rent$726/mo
Total Housing Units310
Vacant Units29

Income Distribution

Under $25k
17%
$25k–$50k
29%
$50k–$75k
18%
$75k–$100k
27%
$100k–$150k
8%
$150k–$200k
0%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
3%
Work From Home
7%

Commute Time

Under 15 min
34%
15–30 min
59%
30–45 min
4%
Over 45 min
3%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
2%
1960s–1970s
12%
1980s–1990s
19%
2000+
66%
About Packwood, IA

Packwood is a city in Iowa, located in Jefferson County. The city spans 1 ZIP code and is home to approximately 691 residents. It is a mature city, with a median age of 46.3 years.

Economically, Packwood is a working-class community. The median household income of $44,009 is below the national average. Approximately 0.7% of residents live below the poverty line. The unemployment rate is 9.2%, significantly above the national average.

The real estate market in Packwood is one of the more affordable housing markets in the country. Median home values stand at $112,200, which is well below the national average. Renters typically pay around $726 per month. Homeownership is high at 83.3%, typical of suburban and family-oriented communities.

The population of Packwood is moderately educated. 31.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (98.7%).

Packwood, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Packwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
52580 691 $44,009 $112,200 $726 9.2% 31.3% 83.3%