Iowa · Census place 60915
Packwood city, IA
Quick answer
Packwood city has 484 residents, ranking #477 of 1026 places in Iowa. Median household income is $43,750, the median home is worth $79,100 and median gross rent runs $750 a month.
- Population
- 484Packwood city residents
- Median household income
- $43,750Past 12 months, inflation adjusted
- Median home value
- $79,100Owner-occupied units
- Median gross rent
- $750Rent plus utilities, monthly
- Median age
- 37.4 yrsAll residents
- Homeownership rate
- 86.8%Owner-occupied households
What the numbers mean in Packwood city
Housing cost measured against local earnings.
A household earning the Packwood city median would spend about 20.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1% of residents and 86.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Charter Oak city 489
- Anthon city 488
- Ocheyedan city 486
- Diagonal city 481
- Stacyville city 480
- Birmingham city 479
- Livermore city 478
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