Woodward County, Oklahoma Income Statistics
Woodward 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
Woodward County Below averageWealthier than 83% of counties in Oklahoma
Source: Map AI Methodology
Income Statistics Overview
| Metric | Woodward County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,569 | $65,606 | $80,455 |
| Median Personal Income | $50,111 | $51,752 | $60,758 |
| Average Yearly Income Growth | 0.7% | 3.9% | 4.8% |
| Six-Figure Earners | 9.1% | 9.2% | 13.9% |
| $200k+ Households | 5.2% | 7.2% | 13.2% |
The median household income in Woodward County is about 6% lower than in Oklahoma. Income has been growing slower in Woodward County (0.7%/yr) than in Oklahoma (3.9%/yr).
About 9% of adults in Woodward County earn six figures ($100,000 or more) a year, about the same as the Oklahoma average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Woodward County, Oklahoma grew by 34.0% from 2009 to 2024, reaching $61,569 in 2024. That's an average of about 0.7% per year.
Income Inequality and the Gender Pay Gap in Woodward County
| Metric | Woodward County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.544 | 0.553 | 0.552 |
| Male Median Income | $63,207 | $60,162 | $69,667 |
| Female Median Income | $39,748 | $46,815 | $56,850 |
| Gender Pay Gap | 37.1% | 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 Woodward County, it is 0.544, lower than Oklahoma's 0.553, so income is more evenly distributed here than there.
Men's income is about 59% more than women's income in Woodward County, Oklahoma. Over a 35-year career, a 59% wage gap accumulates to roughly $821,065 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Woodward County, Oklahoma has narrowed from about 42% to 37% in 2024. Over that period the gap was widest at 47% in 2010, and was narrowest at 28% in 2020. In dollar terms, the gap has widened by $4,438 since 2009.
Employment
| Metric | Woodward County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.2% | 4.9% | 5.2% |
| Working from Home | 2.3% | 9.4% | 15.0% |
| Commute time (minutes) | 13 | 18 | 22 |
Approximately 622 people are unemployed in Woodward County, Oklahoma.
The average commute time in Woodward County is 13 minutes, shorter than the 18 minutes in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Woodward County, Oklahoma has risen from 4.1% to 6.2% in 2024. Over that period the rate fell as low as 3.5% in 2012.
Woodward County, OK Wealth Compared With Nearby Counties
Woodward County, OK is the largest of the 6 counties compared here, 20,158 residents against a local median of 4,360. Where Woodward County, OK breaks from the counties next to it is unemployment, sitting 78% above the local median of 3.5% at 6.2%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 0.7%/yr against a local median of 2.5%/yr, 73% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Woodward County, OK reads weaker than its neighbours on all of them. The counties themselves spread 2.7% on unemployment, so Woodward County, OK sits at one end of an already wide local range rather than apart from it. Woodward County, OK has the 6th lowest unemployment 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. |
|---|---|---|---|---|---|
| Woodward County, OK | 20,158 | $61,569 #4/6 | 0.7%/yr #5/6 | 6.2% #6/6 | 0.544 #4/6 |
| Dewey County, OK | 4,360 | $62,184 | 2.5%/yr | 3.5% | 0.540 |
| Woods County, OK | 8,596 | $53,560 | -0.7%/yr | 4.6% | 0.557 |
| Ellis County, OK | 3,683 | $61,071 | 1.8%/yr | 5.3% | 0.545 |
| Harper County, OK | 3,202 | $64,067 | 4.1%/yr | 2.6% | 0.497 |
| Major County, OK | 7,628 | $70,307 | 3.7%/yr | 2.6% | 0.536 |
Conclusion
Considering all these factors, Woodward County, Oklahoma has an overall wealth index grade of C, making it somewhat better than Oklahoma, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Woodward County, Oklahoma.
How Rich Is Woodward County, Oklahoma?
Woodward 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 $61,569, about 6% lower than the Oklahoma average of $65,606.
How fast is household income rising in Woodward County, Oklahoma?
Between 2009 and 2024, the median household income in Woodward County, Oklahoma rose 34%, from $45,961 to $61,569. Over the same years, income here lagged behind Oklahoma as a whole: +34% against +57%.
What was the median household income in Woodward County in 2023?
In 2023, the median household income in Woodward County, Oklahoma was $66,395, up 6% from $62,399 in 2022. The Oklahoma median that year was $63,960.
What was the median household income in Woodward County in 2020?
In 2020, the median household income in Woodward County, Oklahoma was $55,999. By 2024 it had risen 10% to $61,569.
Is unemployment high in Woodward County, Oklahoma?
Unemployment in Woodward County, Oklahoma is 6.2%, well above the Oklahoma rate of 4.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Woodward County, Oklahoma?
The Gini coefficient in Woodward County is 0.544. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Woodward County, Oklahoma?
Since 2009, the income gap between men and women in Woodward County, Oklahoma has narrowed from about 42% to 37% in 2024. Over that period the gap was widest at 47% in 2010, and was narrowest at 28% in 2020. In dollar terms, the gap has widened by $4,438 since 2009.
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