Packwood, IA Real Estate
According to census data in the year 2000 there were 107 housing units in Packwood.
This represents a 9.2% growth from 98 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.
Homeownership rate in Packwood is about 67.6%.
Packwood's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Packwood were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 17.80% |
| Two Bedrooms | 29% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $54,400 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.7 |
| Median year structure was built | 1981 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.60% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 34.90% |
| Debt Free | 60.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
