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Wood County, OH

Bowling Green

RANK #404 / 996 NAT  ·  #40 / 49 OH  ·  POP 131,564

1YR FORECAST: -0.0%

5YR OUTLOOK: +26%

Wood County's housing market is projected to grow -0.0% over the next year, tracking near the national average.

[01] Why Wood County?

Wood County, Ohio's economy is anchored by a diverse mix of industries, including educational, health and social services (24%), manufacturing (21.1%), and retail (10.9%). Bowling Green State University is a significant employer, alongside major companies like First Solar and Abbott Laboratories. First Solar is investing $270 million in a 1.5 million-square-foot research and development facility in Perrysburg Township, solidifying Ohio's role in advanced thin-film photovoltaics. Abbott Laboratories is constructing a $500 million plant in Bowling Green, projected to create 450 jobs and be fully operational by 2027. IMCO Carbide Tool also has a $39 million expansion underway, adding 92 jobs.

The real estate market reflects a balanced environment, with the median home sale price at $274,000, up 2.9% year-over-year as of February 2026. Median rent stands at $1,457, a 1.1% month-over-month increase and 3.1% year-over-year increase as of February 2026. The county's population grew by 0.2% between 2023 and 2024, primarily driven by immigration. While the county benefits from ongoing private sector investments, including nearly $1 billion in 2022, a demographic shift towards an older population (16.6% aged 65 and older in 2022) presents a long-term workforce consideration.

[02] Market Snapshot

Housing Ratio
3.2x

Undervalued relative to economy

GDP Growth
+2.4%

Below national median

Home Prices
+0.3%

Well below national median

Climate & Terrain
-2.8

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 3.2x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Amazon Fulfillment Center Logistics
    2,500+
  2. 2
    Bowling Green State University Education
    1,000+
  3. 3
    Wood County Schools Education
  4. 4
    First Solar Inc. Manufacturing
  5. 5
    Wood County Hospital Healthcare
    500+
  6. 6
    Procter & Gamble Manufacturing Co. Manufacturing
  7. 7
    Graphic Packaging International, LLC Manufacturing
  8. 8
    UPS Logistics
  9. 9
    Hino Motors Manufacturing
    250+
  10. 10
    Abbott Laboratories Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Wood County U.S. National

The Numbers

DEMOGRAPHICS
Population
131,564
-0.28% YoY
Median Household Income
$70,537
Median Home Value
$203,300
+0.3% 12mo
Median Rent
$907
Average Annual Pay
$56,557
+3.9% YoY
Employment
75,922
+1.4% YoY
Income-to-Home-Value
0.347
More affordable than average
Migration Inflow
7.26%
of pop. from another state
Bachelor's Degree+
37.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$274,250
Days on Market
66
Slower market
Months of Supply
3.9
Balanced market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
20.7%
Listings w/ Price Drops
10.1%
Building Permits (2024)
491
Single-Family Permits
319

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Firearm Fatalities
8.5
per 100K · nat avg 14.8
Injury Deaths
60.6
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
39.0
Good
Good Air Days
87%
634 of 728 days
Unhealthy+ Days (3yr)
4
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
39
2022
38
2023
40
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,347M
TOTAL
PROJECT AMOUNT STATUS
Meta Data Center (Bowling Green Data Center)
Meta
$800M Under Construction
Apollo Power Generation Facility (Natural Gas Plant & Battery Storage)
Will-Power OH, LLC (subsidiary of The Williams Companies)
$350M Approved
Amazon Fulfillment Center (Fremont Pike)
Amazon
$75M Under Construction
Juliet Solar Project
Lightsource BP
$62M Under Construction
Amazon Warehouse (Oregon Road)
Amazon
$30M Under Construction
FedEx Ground Distribution Center (Bowling Green)
FedEx Ground
$30M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +2.4% 44 percentile
Population Growth -0.3% 16 percentile
Income Growth +6.3% 11 percentile
Vacancy Rate 0.7% 81 percentile
Home Price Change +0.3% 34 percentile
Rent Growth +3.0% 50 percentile
Price/Rent 12x 72 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Wood County, OH a good place to move to?

Wood County scores 59/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#404). Median household income is $70,537 and job growth is running at +1.4%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Wood County affordable?

Housing in Wood County is roughly in line with national affordability norms. The median home costs $203,300 and the income-to-home-value ratio sits at 0.35, with rents averaging $907/month. Not a bargain, but not a stretch for most local earners either.

Is Wood County growing or shrinking?

Employers in Wood County are hiring — job growth of +1.4% — but the population is close to flat (-0.3% YoY). Home values moved +0.3% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Wood County?

In significant numbers — 7.26% of Wood County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Butler County, OH 59 Ross County, OH 60 Hamilton County, OH 62 Lake County, OH 62 Licking County, OH 64 Union County, OH 65 Berkeley County, WV 59 Hanover County, VA 59