Places/TX/Wood County, TX
County profile

Wood County, TX

United States · GDP 2024
#1238 of 3,127 US counties by GDP37th-percentile growthmore diversified than 78% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$2.1B
BEA · 2024
GDP growth (YoY)
+3.1%
BEA · 2024
Jobs tracked
8,596
Census CBP · 2023
Employers
904
Census CBP · 2023
Avg. wage
$46.8k
BLS QCEW · 2023
Population
49,688
Census PEP · 2025
Labor, income & education
Unemployment
5.5%
Median HH income
$60.3k±$4.6k
Bachelor's degree+
21.5%±2.3%
Poverty rate
12.5%±2.1%
Business applications
857 · 2025
Retail establishments
126
25.6/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Texas Community Bancshares, Inc.Financial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade28%
Health care20%
Food & accommodation18%
Manufacturing15%
Construction11%
Other services9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
49,688
residents · 2025 · +10.3% since 2020
Income per capita $53.1k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+6,088
International migration+458
Natural change1,881

GDP trend

20192024 · nominal
$1.5B
2019
$1.4B
2020
$1.7B
2021
$2.1B
2022
$2.0B
2023
$2.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$216.5k±$12.9k
Median gross rent
$862/mo±$70/mo
Vacancy rate
16.6%±2.1%
Affordability
4.6× wages
Residential permits
$19.9M
67 units · 1.3/1k pop
FEMA risk score
63.2
HUD Fair Market Rent (2BR):$1.0k/mo · 2026
TOP PERILS · FEMA NRI
Ice storm 97Strong wind 91Hail 90
FHFA HOUSE PRICE INDEX · 20162025
183
2016
199
2017
222
2018
232
2019
246
2020
277
2021
337
2022
350
2023
372
2024
370
2025
RESIDENTIAL PERMITS · 20212025
205% since 2021
22
2021
70
2022
100
2023
72
2024
67
2025

Transport access

BTS · FAA · USACE
Nearest interstate
35.5 km
I-20
Nearest freight rail
15.8 km
UP
Nearest port
171.2 km
RED RIVER TERMINALS CADDO/BOSSIER PORT COMMISSION
Nearest commercial airport
48.3 km
TYLER POUNDS RGNL
Wage trend
BLS QCEW · 20192023
$46.8k
avg. annual pay · +21% since 2019
The read

What is the GDP of Wood?

Wood's economy produced $2.1B in 2024, growing 3.1% year over yearslower than 63% of US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.