Wood County, Texas: commercial real estate data.
Wood County, Texas had an estimated 48,742 residents on July 1, 2024, up 8.7 percent since the 2020 census base of 44,849, across 645 square miles. County output reached $2.10 bn in 2024, 904 establishments operate here, and the SBA record carries 23 7(a) approvals worth $17.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wood County
How many people live in Wood County
- Population, American Community Survey 2020-202446,961
- Households18,672
- Average household size2.52
- Median household income$60,300
- Median age48.5
- Median gross rent$862 per month
- Median owner-occupied home value$216,500
- Home value to household income3.6 times
- Annual rent as a share of median income17.2 percent
- Adults 25 and over with a bachelor degree or higher21.5 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over34,578
- Population under 188,752
- Share under 1818.6 percent
- Population 65 and over12,954
- Share 65 and over27.6 percent
- Working age population, 18 to 6425,255
- Civilian labor force18,648
- Unemployment rate6.3 percent
- Labor force participation, adults 18 and over48.8 percent
- Rank by population among Texas counties76th of 254
- Rank by population among US county-equivalents, Puerto Rico included1060th of 3,222
Wood County is the 76th largest of 254 Texas counties by population. A median home costs 3.6 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 27.6 percent against 18.6 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wood County
Is Wood County's population growing?
- Population, July 1, 202448,742
- Census 2020 base population44,849
- Population change since the 2020 census base8.68 percent
- Population change, 2023 to 2024761
- Births, 2024447
- Deaths, 2024773
- Natural change, 2024-326
- Net domestic migration, 2024925
- Net international migration, 2024160
- Total net migration, 20241,085
- Cumulative net domestic migration, 2021 to 20244,871
- Rank by growth among US county-equivalents199th of 3,144
The county has grown 8.68 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wood County
Where are people moving to Wood County from?
- Tax returns filed by households arriving1,870
- People arriving, from those returns3,600
- Tax returns filed by households leaving1,404
- Net household movement466
- Adjusted gross income arriving$161.1 m
- Net adjusted gross income movement$81.2 m
- Average income of an arriving household$86,125
- Average income of a leaving household$56,879
- Largest single originSmith County (194 households)
- Largest single destinationSmith County (210 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Smith County | 194 | 381 | $10.8 m |
| Dallas County | 147 | 254 | $12.5 m |
| Tarrant County | 99 | 187 | $7.2 m |
| Hopkins County | 97 | 177 | $9.4 m |
| Collin County | 92 | 180 | $11.1 m |
| Denton County | 81 | 159 | $7.6 m |
| Van Zandt County | 75 | 159 | $3.1 m |
| Upshur County | 57 | 134 | $2.7 m |
Households arriving report $29,246 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Smith County, 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.
Wood County
What is the Wood County economy?
- County GDP, 2024$2.10 bn
- County GDP, 2023$2.04 bn
- GDP change, 2023 to 20243.1 percent
- GDP change over five years46.5 percent
- Rank by GDP among the Texas areas BEA publishes106th of 254
- Rank by GDP among the US county areas BEA publishes1238th of 3,127
- GDP per resident$44,693
Output grew 3.1 percent in the latest year and 46.5 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.
Wood County
Employment by industry in Wood County
- Covered employment, annual average10,611
- Establishments reporting943
- Average annual pay$48,289
- Average weekly wage$929
- Retail trade, employment1,616
- Retail trade, average annual pay$33,346
- Manufacturing, employment1,139
- Manufacturing, average annual pay$63,488
- Accommodation and food services, employment1,100
- Accommodation and food services, average annual pay$20,089
- Construction, employment851
- Construction, average annual pay$74,323
- Other services, except public administration, employment388
- Finance and insurance, employment325
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 1,616 | 122 | $33,346 |
| Manufacturing | 1,139 | 51 | $63,488 |
| Accommodation and food services | 1,100 | 77 | $20,089 |
| Construction | 851 | 110 | $74,323 |
| Other services, except public administration | 388 | 68 | $42,467 |
| Finance and insurance | 325 | 66 | $67,280 |
| Wholesale trade | 203 | 38 | $73,035 |
| Professional, scientific and technical services | 190 | 72 | $50,160 |
Retail trade is the largest private sector at 1,616 jobs, 15.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Wood County
How many businesses are in Wood County?
- Establishments, all industries904
- Employment at those establishments8,596
- Annual payroll$384.9 m
- Establishments per 1,000 residents19.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Wood County
Building permits in Wood County
- Housing units authorized by permit, 202472
- Declared construction value permitted$13.9 m
- Single family units authorized30
- Multifamily units authorized42
- Multifamily share of units58.3 percent
- Average declared value per unit$192,420
- Units authorized per 1,000 households3.9
Multifamily is 58.3 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Wood County
SBA loans in Wood County (7(a) and 504)
- 7(a) approvals recorded23
- 7(a) gross approval dollars$17.1 m
- Average 7(a) approval$744,087
- Median 7(a) approval$350,000
- 10th percentile approval$49,680
- 90th percentile approval$1,515,320
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)288
- Jobs per approval12.5
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals17
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.7 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter14
- Franchise loans4
- Franchise share of approvals17.4 percent
- Leading industry by approval countFuneral Homes and Funeral Services (3)
- Most active lenderLive Oak Banking Company (4)
- 504 approvals recorded6
- 504 gross approval dollars$2.5 m
- Average 504 approval$418,500
- Median 504 approval$317,000
- Distinct CDCs active3
- 504 jobs per approval3.5
- 504 jobs per million dollars approved8.4
- Most active CDCEast Texas Regional Development Company, Inc. (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$19.6 m
The average approval of $744,087 sits well above the median of $350,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 21.7 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.
Wood County
SBA loan default and charge-off rates in Wood County
Do SBA loans in Wood County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure20
- Status: Cancelled1
- Status: Committed, not yet disbursed2
Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wood County
SBA lending by place in Wood County
- Borrower cities with recorded lending8
- Winnsboro, approvals5
- Hawkins, approvals5
- Quitman, approvals4
- Mineola, approvals3
- Holly Lake Ranch, approvals2
- Alba, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Winnsboro | 5 | $7,492,000 |
| Hawkins | 5 | $3,351,900 |
| Quitman | 4 | $1,471,500 |
| Mineola | 3 | $2,623,600 |
| Holly Lake Ranch | 2 | $1,350,000 |
| Alba | 2 | $300,000 |
| Como | 1 | $510,000 |
| Scroggins | 1 | $15,000 |
Winnsboro accounts for 5 approvals against 5 in Hawkins. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wood County
How large is Wood County?
- Land area645 sq mi
- Rank by land area among Texas counties225th of 254
- Width, east to west29.9 mi
- Height, north to south32.4 mi
- Geographies sharing a boundary7
- Residents per square mile of land73
- Establishments per square mile1.40
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.
Wood County
Flood risk in Wood County
- Participation of the county's own NFIP community Wood County, unincorporated areasParticipating, community 481055
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Wood County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Wood County (community 481055), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Wood County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Wood 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 Wood County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202446,961
- Households18,672
- Average household size2.52
- Median household income$60,300
- Median age48.5
Common questions
Wood County questions, answered from the record.
How many people live in Wood County, Texas?
The Census Bureau estimates 48,742 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 46,961, in 18,672 households, ranking 76th of 254 Texas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wood County's population growing?
The population has grown 8.68 percent since the 2020 census base of 44,849, to 48,742 on July 1, 2024. In 2024 there were 447 births against 773 deaths, with net migration of 1,085. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wood County?
$60,300. The median owner-occupied home is valued at $216,500, which is 3.6 times income, and median gross rent is $862 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Wood County?
904 establishments, employing 8,596 people with an annual payroll of $384.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Wood County?
Retail trade is the largest private sector at 1,616 jobs, 15.2 percent of covered employment. Covered employment averages 10,611 jobs at an average annual pay of $48,289, or $929 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wood County?
23 7(a) approvals totaling $17.1 m since FY2020, across 14 lenders, with a median approval of $350,000, plus 6 504 approvals worth $2.5 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Wood County?
72 housing units were authorized by permit in 2024, with a declared construction value of $13.9 m. Multifamily was 58.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wood 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 Wood County come from?
The largest single origin is Smith County, with 194 households. Arriving households report an average income of $86,125 against $56,879 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Wood 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 Wood County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Wood County
Cities and places in Wood.
7 Census places lie wholly or partly in Wood County. All 7 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Mineola | city | 5,068 | 3 | Wholly in this county |
| Winnsboro | city | 3,485 | 5 | 74.7 percent here, 25.3 percent Franklin County |
| Holly Lake Ranch | CDP | 2,956 | 2 | Wholly in this county |
| Quitman | city | 2,420 | 4 | Wholly in this county |
| Hawkins | city | 1,876 | 5 | Wholly in this county |
| Alba | town | 664 | 2 | Wholly in this county |
| Yantis | town | 353 | None recorded | Wholly in this county |
A further 2 of the county's 23 SBA 7(a) approvals are to borrowers in cities that match no Census place in Wood County, the largest being Como (1), Scroggins (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.