Woodward County, Oklahoma: commercial real estate data.
Woodward County, Oklahoma has a population of 20,158 across 1,242 square miles, down 2.4 percent since the 2020 census base. County output reached $1.44 bn in 2024, 761 establishments operate here, and the SBA record carries 14 7(a) approvals worth $5.8 m.
113 sourced county values · tier FULL · 10 sections
Woodward County
How many people live in Woodward County
- Population20,158
- Households7,925
- Average household size2.54
- Median household income$61,417
- Median age37.8
- Median gross rent$838 per month
- Median owner-occupied home value$169,000
- Home value to household income2.8 times
- Annual rent as a share of median income16.4 percent
- Adults 25 and over with a bachelor degree or higher20.8 percent
- Adults 25 and over with a graduate degree6.6 percent
- Adults 25 and over13,650
- Population under 184,869
- Share under 1824.2 percent
- Population 65 and over3,364
- Share 65 and over16.7 percent
- Working age population, 18 to 6411,925
- Civilian labor force10,058
- Unemployment rate6.2 percent
- Labor force participation, adults 18 and over65.8 percent
- Rank by population among Oklahoma counties40th of 77
- Rank by population among US county-equivalents1871st
Woodward County is the 40th largest of 77 Oklahoma counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 24.2 percent against 16.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Woodward County
Is Woodward County growing
- Population change since the 2020 census base-2.40 percent
- Census 2020 base population20,483
- Births, 2024240
- Deaths, 2024189
- Natural change, 202451
- Net domestic migration, 2024-174
- Net international migration, 202441
- Total net migration, 2024-133
- Cumulative net domestic migration, 2021 to 2024-573
- Rank by growth among US county-equivalents2600th
The county has lost 2.40 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Woodward County
Where people moving to Woodward County come from
- Tax returns filed by households arriving374
- People arriving, from those returns736
- Adjusted gross income arriving$17.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$47,222
- Largest single originWoodward County Non-migrants (6,407 households)
- Largest single destination (6,407 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Woodward County Non-migrants | 6,407 | 13,997 | $389.1 m |
| Other flows - Same State | 165 | 300 | $7.0 m |
| Other flows - Different State | 154 | 316 | $8.4 m |
| Other flows - South | 59 | 120 | $3.9 m |
| Other flows - West | 51 | 111 | $2.5 m |
| Other flows - Midwest | 44 | 85 | $2.0 m |
| Ellis County | 31 | 64 | $1.2 m |
| Dewey County | 24 | 56 | $1.0 m |
The largest single source of arrivals is Woodward County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Woodward County
What the Woodward County economy runs on
- County GDP, 2024$1.44 bn
- County GDP, 2023$1.47 bn
- GDP change, 2023 to 2024-1.5 percent
- GDP change over five years25.2 percent
- Rank by GDP among Oklahoma counties31st
- Rank by GDP among US county-equivalents1546th
- GDP per resident$71,621
Output grew -1.5 percent in the latest year and 25.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Woodward County
Who employs people in Woodward County
- Covered employment, annual average8,023
- Establishments reporting834
- Average annual pay$55,096
- Average weekly wage$1,060
- Sector 44-45, employment1,104
- Sector 44-45, average annual pay$32,022
- Sector 21, employment878
- Sector 21, average annual pay$91,431
- Sector 62, employment860
- Sector 62, average annual pay$47,286
- Sector 72, employment849
- Sector 72, average annual pay$18,928
- Sector 23, employment567
- Sector 31-33, employment380
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 1,104 | 105 | $32,022 |
| Sector 21 | 878 | 73 | $91,431 |
| Sector 62 | 860 | 75 | $47,286 |
| Sector 72 | 849 | 56 | $18,928 |
| Sector 23 | 567 | 70 | $65,584 |
| Sector 31-33 | 380 | 29 | $103,615 |
| Sector 81 | 289 | 53 | $44,898 |
| Sector 52 | 286 | 48 | $78,739 |
The largest sector is the biggest private employer group at 1,104 jobs, 13.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Woodward County
What businesses operate in Woodward County
- Establishments, all industries761
- Employment at those establishments7,825
- Annual payroll$412.7 m
- Establishments per 1,000 residents37.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Woodward County
What is being built in Woodward County
- Housing units authorised by permit, 20241
- Declared construction value permitted$200,000
- Single family units authorised1
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$200,000
- Units authorised per 1,000 households0.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Woodward County
How much SBA lending happens in Woodward County
- 7(a) approvals recorded14
- 7(a) gross approval dollars$5.8 m
- Average 7(a) approval$413,707
- Median 7(a) approval$201,000
- 10th percentile approval$53,500
- 90th percentile approval$800,900
- Largest single approval$2,300,000
- Jobs reported supported, 7(a)116
- Jobs per approval8.3
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals12
- Median 7(a) term180 months
- Share of loans on real estate terms, 240 months or longer28.6 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter6
- Franchise loans2
- Franchise share of approvals14.3 percent
- Leading industry by approval countLimited-Service Restaurants (2)
- Most active lenderGreat Plains National Bank (8)
- 504 approvals recorded3
- 504 gross approval dollars$1.7 m
- Average 504 approval$562,333
- Median 504 approval$208,000
- Distinct CDCs active2
- 504 jobs per approval12.7
- 504 jobs per million dollars approved22.5
- Most active CDCRural Enterprises of Oklahoma, Inc. (2)
- 7(a) share of SBA approvals82.4 percent
- Combined SBA approval dollars$7.5 m
The average approval of $413,707 sits well above the median of $201,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 28.6 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Woodward County
Do SBA loans in Woodward County get paid back
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Exempt from disclosure8
- Status: Paid in full5
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 5 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Woodward County
How big is Woodward County
- Land area1,242 sq mi
- Rank by land area among Oklahoma counties11th of 77
- Width, east to west36.1 mi
- Height, north to south45.4 mi
- Geographies sharing a boundary5
- Residents per square mile of land16
- Establishments per square mile0.61
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Woodward County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Woodward County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population20,158
- Households7,925
- Average household size2.54
- Median household income$61,417
- Median age37.8
Common questions
Woodward County questions, answered from the record.
How many people live in Woodward County, Oklahoma?
20,158, in 7,925 households, ranking 40th of 77 Oklahoma counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Woodward County growing?
The population has fallen 2.40 percent since the 2020 census base. In 2024 there were 240 births against 189 deaths, with net migration of -133. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Woodward County?
$61,417. The median owner-occupied home is valued at $169,000, which is 2.8 times income, and median gross rent is $838 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Woodward County?
761 establishments, employing 7,825 people with an annual payroll of $412.7 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Woodward County?
Average annual pay is $55,096, or $1,060 a week, across 8,023 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Woodward County?
14 7(a) approvals totalling $5.8 m since FY2020, across 6 lenders, with a median approval of $201,000, plus 3 504 approvals worth $1.7 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Woodward County?
1 housing units were authorised by permit in 2024, with a declared construction value of $200,000. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Woodward County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Woodward County come from?
The largest single origin is Woodward County Non-migrants, with 6,407 households. Arriving households report an average income of $47,222 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Woodward County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Woodward County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.