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Wood County

Learn about the people, housing, costs and businesses in Wood County County

Median Home$214,855
Median Rent$885/month
Population46,961
Leading IndustriesManufacturing · Information & Media · Wholesale Trade2% manufacturing
Home Value Growth⬆⬆+15.2% over 2 years
Retirees28% of residentswell above average
Homeowners80% of occupied units
NotableTransit84/100 · excellent transit access
NotableVeteran Community11% of residents · top 7% nationally
Wood County
TX

Frequently Asked Questions

What are today's mortgage rates in Wood County?

As of today, the 30-year fixed mortgage rate for Wood County is approximately 7.065% (7.092% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Wood County?

The median home value in Wood County is $215k. The median monthly rent is $885. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wood County?

Home values in Wood County have increased 15.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Wood County?

Based on a typical all-in ownership cost of $844/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wood County is $62k/year.

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What industries drive the economy in Wood County?

The largest employment sectors in Wood County are public administration (23%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas