Woods County, Oklahoma Income Statistics
Woods County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Woods County Below averageWealthier than 72% of counties in Oklahoma
Source: Map AI Methodology
Income Statistics Overview
| Metric | Woods County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,560 | $65,606 | $80,455 |
| Median Personal Income | $46,744 | $51,752 | $60,758 |
| Average Yearly Income Growth | -0.7% | 3.9% | 4.8% |
| Six-Figure Earners | 5.1% | 9.2% | 13.9% |
| $200k+ Households | 4.5% | 7.2% | 13.2% |
The median household income in Woods County is about 18% lower than in Oklahoma. Income has been growing slower in Woods County (-0.7%/yr) than in Oklahoma (3.9%/yr).
About 5% of adults in Woods County earn six figures ($100,000 or more) a year, lower than the Oklahoma average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Woods County, Oklahoma grew by 15.6% from 2009 to 2024, reaching $53,560 in 2024. That's an average of about 0.7% per year.
Income Inequality and the Gender Pay Gap in Woods County
| Metric | Woods County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.557 | 0.553 | 0.552 |
| Male Median Income | $55,072 | $60,162 | $69,667 |
| Female Median Income | $40,884 | $46,815 | $56,850 |
| Gender Pay Gap | 25.8% | 22.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Woods County, it is 0.557, about the same as Oklahoma's 0.553, so income here is about as evenly distributed as there.
Men's income is about 35% more than women's income in Woods County, Oklahoma. Over a 35-year career, a 35% wage gap accumulates to roughly $496,580 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Woods County, Oklahoma has narrowed from about 31% to 26% in 2024. Over that period the gap was widest at 42% in 2014, and was narrowest at 19% in 2020. In dollar terms, the gap has widened by $1,641 since 2009.
Employment
| Metric | Woods County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 4.9% | 5.2% |
| Working from Home | 1.4% | 9.4% | 15.0% |
| Commute time (minutes) | 8 | 18 | 22 |
Approximately 199 people are unemployed in Woods County, Oklahoma.
The average commute time in Woods County is 8 minutes, shorter than the 18 minutes in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Woods County, Oklahoma has risen from 3.2% to 4.6% in 2024. Over that period the rate peaked at 6.8% in 2023 and fell as low as 2.6% in 2016.
Woods County, OK Wealth Compared With Nearby Counties
Woods County, OK is the 2nd largest of the 6 counties compared here, 8,596 residents against a local median of 5,696. Woods County, OK's income growth, at -0.7%/yr, runs 121% below the 3.4%/yr typical of the counties around it. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 4.6% against a local median of 2.6%, 76% above it. Every measure here with a clear better direction points the same way, and it is the wrong way: Woods County, OK reads weaker than its neighbours on all of them. The counties themselves spread 3.0%/yr on income growth, so Woods County, OK sits at one end of an already wide local range rather than apart from it. Woods County, OK has the 6th highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Woods County, OK | 8,596 | $53,560 #6/6 | -0.7%/yr #6/6 | 4.6% #5/6 | 0.557 #5/6 |
| Barber County, KS | 4,069 | $65,000 | 3.6%/yr | 1.2% | 0.490 |
| Woodward County, OK | 20,158 | $61,569 | 0.7%/yr | 6.2% | 0.544 |
| Alfalfa County, OK | 5,696 | $65,978 | 2.7%/yr | 4.3% | 0.606 |
| Major County, OK | 7,628 | $70,307 | 3.7%/yr | 2.6% | 0.536 |
| Comanche County, KS | 1,729 | $55,666 | 3.4%/yr | 1.7% | 0.440 |
Conclusion
Considering all these factors, Woods County, Oklahoma has an overall wealth index grade of C, making it about on par with Oklahoma, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Woods County, Oklahoma.
How Rich Is Woods County, Oklahoma?
Woods County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $53,560, about 18% lower than the Oklahoma average of $65,606.
How has median household income changed in Woods County, Oklahoma?
Between 2009 and 2024, the median household income in Woods County, Oklahoma rose 16%, from $46,328 to $53,560. Over the same years, income here lagged behind Oklahoma as a whole: +16% against +57%.
What was the median household income in Woods County in 2023?
In 2023, the median household income in Woods County, Oklahoma was $50,616, down 2% from $51,486 in 2022. The Oklahoma median that year was $63,960.
What was the median household income in Woods County in 2020?
In 2020, the median household income in Woods County, Oklahoma was $51,552. By 2024 it had risen 4% to $53,560.
What is the Gini coefficient in Woods County, Oklahoma?
The Gini coefficient in Woods County is 0.557. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Woods County, Oklahoma?
Since 2009, the income gap between men and women in Woods County, Oklahoma has narrowed from about 31% to 26% in 2024. Over that period the gap was widest at 42% in 2014, and was narrowest at 19% in 2020. In dollar terms, the gap has widened by $1,641 since 2009.
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