Woodward, IA
Population 1,002 · Iowa
About Woodward, IA
Woodward is a small community in Iowa with a population of 1,002 residents. The median household income is $68,571 per year, which is near the national average. The median age in Woodward is 39.4 years.
Housing in Woodward has a median home value of $179,500 and median monthly rent of $484. Of the 377 total housing units, the majority are owner-occupied, with 281 owner-occupied and 63 renter-occupied units.
The unemployment rate in Woodward is 2.8% and the poverty rate is 10.3%. 21.2% of residents hold a bachelor's degree or higher. The average commute time is 18.6 minutes.
How Woodward Ranks in Iowa
Cost of Living in Woodward, IA
Compared to national averages, Woodward has a median household income of $68,571 (9% below the national median of $75,149). Home values average $179,500, which is 27% below the national median. Monthly rent at $484 is 58% below the US average of $1,163. Within Iowa, Woodward's income is 1% above the state average of $67,947, and home values are 36% above the state median of $132,237.
Why Live in Woodward, IA?
Woodward offers affordable housing with a median home value of $179,500, below the US average of $244,900, and rent that’s lower than the national average at $484/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 10.3%, better than the national average, and short commute times averaging just 18.6 minutes.
Potential considerations include median household income ($68,571) that falls below the national average. However, Woodward’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Woodward has a population of 1,002 with a median age of 39.4 years. Compare Woodward with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Woodward
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buffalo Center | 1,000 | $49,474 | $93,800 | Compare |
| Villisca | 1,004 | $58,469 | $74,100 | Compare |
| Gladbrook | 998 | $63,125 | $117,200 | Compare |
| Mapleton | 997 | $52,955 | $116,400 | Compare |
| Aplington | 1,012 | $70,093 | $131,800 | Compare |
| Janesville | 1,012 | $84,231 | $214,700 | Compare |
| Newhall | 1,012 | $68,295 | $171,500 | Compare |
| Afton | 991 | $57,232 | $99,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Woodward
What is the population of Woodward, IA?
The population of Woodward, IA is 1,002 according to the latest Census data.
What is the median household income in Woodward?
The median household income in Woodward, IA is $68,571 per year.
What is the median home value in Woodward?
The median home value in Woodward, IA is $179,500.
What is the average rent in Woodward?
The median monthly rent in Woodward, IA is $484.
What is the unemployment rate in Woodward?
The unemployment rate in Woodward, IA is 2.8%.