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The total population of Woodward is estimated to be 987 with 530 males (53.70%) and 457 females (46.30%). There are 73 less females than males in Woodward.
The median household income in Woodward was $66,657 in 2021, which marked an a decrease of 4,914(6.87%) from $71,571 in 2020. This income is 89.35% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Woodward sees its highest median household income among householders in the age group of 25 to 44 years old, at $70,645. Overall, the median household income for the city of Woodward stands at $66,657.
In Woodward, the median income for all workers aged 15 years and older, regardless of work hours, was $25,633 for males and $28,483 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,105 for males and $46,783 for females.
In Woodward, population is primarily represented by White households, reporting a median income of $66,657.
In 2022, the population of Woodward was 1,365, a 0.52% increase year-by-year from 2021. Previously, in 2021, Woodward's population was 1,358, an increase of 0.74% compared to a population of 1,348 in 2020.
The median age in Woodward, IA is 37.0, as per 2021 ACS 5-Year Estimates. Of the total population, 18.17% were under the age of 15, 23.10% aged 15 to 29, 46.45% aged 30 to 64, 11.42% aged 65 to 84, and 0.87% were 85 years of age and older.
Racial distribution of Woodward population: 94.98% are White, 2.51% are Black or African American, 0.17% are American Indian and Alaska Native, 0.17% are Native Hawaiian and other Pacific Islander and 2.16% are multiracial.