Living in Woodward, Iowa
Cost of living, income, home prices, rent and demographics of Woodward · Census data 2020–2024
Woodward has 977 residents with a median age of 40.3. The median household income is $65,658 (13% lower than the Iowa median), the median home value is $179,900.
Woodward is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Woodward at a glance
- Population
- 977
- Median age
- 40.3State: 38.6
- Median household income
- $65,658State: $75,059
- Median home value
- $179,900State: $208,000
- Homeowners
- 77.5%
- Bachelor's degree or higher
- 25.1%
- Average commute
- 19 min
Is Woodward a good place to live?
Pros: Home values 14% lower than the state median; an average commute of 19 minutes; unemployment of 1.1%; a poverty rate of 7%.
Cons: Median household income 13% lower than the Iowa median.
The weather is best in June to September.
Cost of living in Woodward
Housing is the biggest part of the cost of living. In Woodward the median home value is $179,900, 46% lower than the U.S. median. Renters pay a median of — per month, which is 26.2% of household income. Homeowners with a mortgage pay $1,390 a month in housing costs.
Woodward median household income
The median household income in Woodward is $65,658 and the income per person is $31,662. 7% of residents live below the poverty line (Iowa: 11.1%).
Housing in Woodward: homes for sale and rent
- Housing units
- 398
- Owner-occupied
- 77.5%
- Renter-occupied
- 22.5%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.23
Woodward demographics
- Population
- 977
- Median age
- 40.3
- Under 18
- 21.1%
- 65 and older
- 15.6%
- Households
- 364
- Foreign-born
- 1.1%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Woodward ›
Education in Woodward
25.1% of adults 25 and older in Woodward have a bachelor's degree or higher (Iowa: 31.4%), and 4.1% have a graduate or professional degree.
Jobs and commute in Woodward
- Unemployment rate
- 1.1%State: 3.6%
- Average commute
- 19 minState: 20 min
- Work from home
- 3.4%
- Drive alone
- 74.8%
- Public transit
- 10.4%
- Walk to work
- 8%
- Homes with broadband
- 94.2%
Woodward vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Woodward | 977 | $65,658 | $179,900 | — |
| Bouton | 168 | $76,875 | $113,900 | $1,089 |
| Madrid | 2,808 | $89,844 | $185,600 | $1,029 |
| Granger | 1,979 | $112,404 | $329,400 | $843 |
| Minburn | 354 | $71,042 | $134,800 | $967 |
| Perry | 7,985 | $68,910 | $121,400 | $931 |
| Luther | 159 | $100,938 | $191,700 | — |
| Polk City | 6,037 | $164,389 | $414,800 | $782 |
| Sheldahl | 361 | $80,938 | $184,700 | — |
More for people moving to Woodward
Woodward ZIP code ›Weather and climate ›Living in Woodward: FAQ
What is the median household income in Woodward, IA?
The median household income in Woodward is $65,658, 13% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Woodward?
The median home value in Woodward is $179,900, compared with $208,000 in Iowa.
Is Woodward, IA a good place to live?
Pluses: home values 14% lower than the state median; an average commute of 19 minutes; unemployment of 1.1%; a poverty rate of 7%. Minuses: median household income 13% lower than the Iowa median.
What is the median age in Woodward?
The median age in Woodward is 40.3 years (Iowa: 38.6).
How long is the commute in Woodward?
The average commute to work in Woodward is 19 minutes; 3.4% of workers work from home.
What is the unemployment rate in Woodward?
The unemployment rate in Woodward is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Woodward?
25.1% of adults in Woodward have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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