Market Snapshot

Report generated March 2026

IndicatorValue
Population131,795
↓ 0.3% since 2020
Median Household Income$73,124
2% below national median
Median Home Value$214,400
Unemployment Rate4.6%
Median Age35.7 years
Housing Vacancy Rate5.5%

County Profile

DemographicValue
Total Population (2023)46,094
Population (2020)44,843
Population Growth2.79%
Median Household Income$62,524
Median Home Value$195,100
Total Housing Units22,267
Vacant Housing Units4,046
Housing Vacancy Rate18.2%
Median Age48.4
Bachelor's Degree or Higher4,635 (10.1%)
Unemployment Rate (BLS)4.4%

Market Overview

Wood County, Texas has a population of 46,094, which has grown 2.79% since 2020. The median household income is $62,524, below the national median of $74,580 by 16.2%. With a median home value of $195,100 and an unemployment rate of 4.4%, the local economy is moderate. The housing vacancy rate of 18.2% suggests soft market conditions. The county's location in Texas makes it accessible for investors and developers seeking rural land.

Frequently Asked Questions

What is the current population of Wood County, Texas?
As of the 2023 American Community Survey, Wood County has a population of 46,094. The county has grown 2.79% since the 2020 Census, indicating a growing community.
What is the median household income in Wood County?
The median household income in Wood County is $62,524, which is 16.2% below the national median of $74,580.
Is Wood County growing or shrinking?
Wood County is growing. The population has increased 2.79% since 2020.
What is the housing market like in Wood County?
The median home value in Wood County is $195,100. The housing vacancy rate is 18.2%, which suggests soft market conditions. The unemployment rate is 4.4%, indicating a moderate local economy.
Does Reelvest buy land in Wood County, Texas?
Yes! Reelvest Properties buys vacant land throughout Texas, including Wood County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.