Packwood employment information

IndexPackwoodIowaNational
Income per capita$19,976$28,872$29,829
Median household income$52,143$54,570$55,322
Median income owner occupied$64,063$66,527$70,586
Median income renter occupied$0$30,828$35,192
Median earnings male$33,125$37,409$36,919
Median earnings female$26,458$25,115$26,250
Unemployment rate1.3%3.1%4.7%
Poverty level5.7%12.3%15.1%
The Packwood, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Packwood is $19,976, which is 31% lower than than the Iowa average and 33% lower than than the national average. The median household income is $52,143, which is 4% lower than than the Iowa average and 6% lower than than the national average. The unemployment rate in Packwood is 1%, which is 72% lower than than the national average. The poverty rate in Packwood is 6% which is 62% lower than than the national average.

am i middle class

$Input your household income
$34,758$52,143$104,286
City
$36,376$54,570$109,140
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Packwood is 33% lower than the national average.
  • The median household income in Packwood is 6% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Packwood is 72% lower than the national average.
  • The poverty level in Packwood is 62% lower than the national average.

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Compare Packwood, IA Employment To Other Cities

Employment status

Hours worked per week

Packwood median earnings by income bracket

Packwood employment by industry

Labour TypeMaleFemale
Construction industry24.7%0.0%
Manufacturing sector23.7%5.0%
Financial & insurance services4.3%10.0%
Wholesale & retail services6.5%6.7%
Public administration0.0%0.0%
Transportation, warehousing & utilities21.5%3.3%
Education, health & social services4.3%53.3%
Other15.1%21.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Martinsburg, IA125$63,12514%
Libertyville, IA371$58,8646%
Richland, IA651$58,2955%
Maharishi Vedic City, IA583$57,5004%
Brighton, IA595$45,78117%
Packwood, IA316$52,1436%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
County Line, AL316$48,88412%
Alma, CO316$45,75017%
Langleyville, IL316$69,58326%
Warren City, TX316$63,75015%
Hooppole, IL316$36,75034%
Packwood, IA316$52,1436%
Source: The Packwood, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).