Wood, PA Profile: Facts & Data

The Wood CDP⁽¹⁾ had a population of 144 as of July 1, 2024. Wood ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Pennsylvania. See peer rankings below.

The primary coordinate point for Wood is located at latitude 40.166 and longitude -78.138 in Bedford County.

While the primary coordinates for Wood Census Designated Place are located in Bedford County, it should be noted that the formal boundaries for this community also extend into Fulton County, and Huntingdon County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Wood, PA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	144 (100%)
Population in Households	144 (100.0%)
Population in Families	120 (83.3%)
Population in Group Quarters¹	0
Population Density	552
Diversity Index²	5


INCOME
Median Household Income	$50,409
Average Household Income	$67,143
% of Income for Mortgage⁴	0%
Per Capita Income	$27,510
Wealth Index⁵	60
Socioeconomic Status Index⁶	Moderate (54.9)

HOUSING
Total HU (Housing Units)	82 (100%)
Owner Occupied HU	46 (56.1%)
Renter Occupied HU	13 (15.9%)
Vacant Housing Units	23 (28.0%)
Median Home Value	$88,095
Average Home Value	$133,696
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	59
Average Household Size	2.44
Family Households	38
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Wood, PA - Peer Comparisons by Rank and Percentile

The table below compares Wood to the other 2,002 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.42%	-0.85%
Households	-0.78%	0.00%
Families		-0.53%
Median Household Income		0.03%
Per Capita Income		3.54%
Owner Occupied HU		0.43%

Variable Description	Rank	Percentile
Total Population	# 1827	9th
Population Density	# 1469	27th
Median Household Income	# 1748	13th
Housing Affordability Index	# 148	7th
Per Capita Income	# 1771	12th
Diversity Index	# 1938	3rd

Wood, PA Profile: Facts & Data

Wood, Pennsylvania - Basic Facts

Wood, PA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wood, PA - Peer Comparisons by Rank and Percentile

Wood, PA - Most Popular Things to Do

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