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The total population of Packwood is estimated to be 455 with 201 males (44.18%) and 254 females (55.82%). There are 53 more females than males in Packwood.
The median household income in Packwood was $41,210 in 2021, which marked an a decrease of 2,416(5.54%) from $43,626 in 2020. This income is 55.24% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Packwood sees its highest median household income among householders in the age group of 65 years and over old, at $31,076. Overall, the median household income for the city of Packwood stands at $41,210.
In Packwood, while the Census reported a median income of $21,150 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,995 for males and $22,969 for females.
In Packwood, population is primarily represented by White households, reporting a median income of $41,210.
In 2022, the population of Packwood was 184, a 0.54% decrease year-by-year from 2021. Previously, in 2021, Packwood's population was 185, an increase of 0.54% compared to a population of 184 in 2020.
The median age in Packwood, IA is 37.2, as per 2021 ACS 5-Year Estimates. Of the total population, 30.60% were under the age of 15, 7.60% aged 15 to 29, 47.60% aged 30 to 64, 13.20% aged 65 to 84, and 1.00% were 85 years of age and older.
Racial distribution of Packwood population: 91.20% are White, 0.80% are Black or African American and 8% are multiracial.