Woodward County, Oklahoma
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Woodward County Compares
Detailed Income Statistics
Income Advisory: Woodward County
Income Verdict
Woodward County has a median household income of $65,060 and per capita income of $35,404 — a gap of $29,656, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $847/month and a median household income of $65,060, rent consumes approximately 15.6% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $65,060 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $35,404 is in line with national norms for individual earners.
Neighbor Context
Woodward County earns approximately 11.6% above the Oklahoma state median household income of $58,273, positioning it favorably within the state.
Data Story
About Household Income in Woodward County, Oklahoma
Woodward falls below national average
Woodward County's median household income of $65,060 lags the national median of $74,755 by $9,695, placing it below typical American household earnings. The county ranks in the lower-middle tier of U.S. counties for household income.
Above Oklahoma's state average
Woodward County's median household income of $65,060 exceeds Oklahoma's state average of $58,273 by $6,787, positioning it among the state's better-earning counties. The county ranks in Oklahoma's upper-middle income tier, outperforming the state norm by roughly 11.6%.
Regional earnings leader
Woodward County's median income of $65,060 trails only Wagoner County ($78,520) among these five counties and outpaces Washita ($61,980), Washington ($61,205), and Woods ($50,512) counties. The county anchors the panhandle region as its strongest earnings center.
Balanced housing affordability
Woodward County's rent-to-income ratio of 15.6% sits comfortably below the 30% affordability threshold, ensuring housing costs remain manageable. With a median home value of $178,000, homeownership remains genuinely achievable for median-income households.
Build toward long-term security
Woodward County households have reasonable capacity to invest in retirement savings and property appreciation with household incomes above state averages. Working with a financial planner can help families leverage Woodward's economic advantages into lasting wealth and generational security.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Woodward County
Your income is above the Woodward County median
County median: $65,060 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($5,422) vs. median rent ($847/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.