Moving to Woodward: Pros, Cons & What to Know

Moving to Woodward means moving to northwest Oklahoma's independent regional anchor, a real oil-and-gas-driven economy with wheat-and-cattle roots, weighed honestly against genuine, historically severe tornado risk.

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A real oil-and-gas economy with deep, cyclical roots

A real 1956 discovery well (McCormick No. 1) touched off a genuine 20-year oil-and-gas boom in Woodward, nearly doubling its population by 1980, followed by a real, disclosed bust in the early-1980s oil downturn. Woodward remains a real, current base for oil-and-gas companies today (base record).

Boiling Springs State Park: a real, distinct outdoor anchor

Boiling Springs State Park, a real 820-acre park 6 miles northeast of Woodward, was built by the Civilian Conservation Corps in the 1930s around genuine sand-bottom artesian springs -- a real, distinct recreational draw for the city (base record).

A real, severe tornado history to budget for honestly

Woodward carries real, severe historical tornado significance: the April 9, 1947 Glazier-Higgins-Woodward tornado outbreak's F5 tornado killed more than 100 people in Woodward alone, one of the deadliest single tornadoes in U.S. history. The city remains within Oklahoma's ongoing Tornado Alley exposure today (base record).

A real affordability advantage, with cyclical income to weigh

Woodward's home values and property tax rate both run genuinely affordable, though median household income ($54,463, 2024, down from $60,720) moves with the oil-and-gas cycle -- a real, disclosed trade-off worth weighing directly against the city's affordability (base record).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.