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Wood County, WI

Wisconsin Rapids

RANK #109 / 996 NAT  ·  #12 / 29 WI  ·  POP 74,138

1YR FORECAST: +4.7%

5YR OUTLOOK: +36%

Our model projects Wood County's housing market to grow +4.7% over the next year, significantly outpacing the national average.

[01] Why Wood County?

Wood County, Wisconsin, is defined by its diverse landscapes, from the flat, marshy Central Plain in the south, known for cranberry production, to the rich cropland of the Northern Highlands. Wisconsin Rapids serves as the county seat, and Marshfield is another notable city. The county is centrally located within Wisconsin, with the geographic center of the state found southeast of Marshfield. Commutes within the county are generally short, averaging around 20.7 minutes. Outdoor recreation is a significant draw, with numerous parks, three rivers, and many lakes offering year-round activities like hiking, biking, fishing, and ATV trails. Powers Bluff County Park, a worn-down peak of an ancient mountain range, provides mountain biking and winter sports opportunities.

Life in Wood County offers a blend of community living and access to nature. The public school systems in the county are rated above average. While Marshfield and Wisconsin Rapids offer local amenities and job opportunities, many residents own their homes. The economy is driven by sectors such as healthcare, manufacturing, and agriculture, particularly cranberry farming. Efforts are underway to diversify the economic base and attract new businesses, alongside initiatives to ensure robust technology infrastructure and address housing needs.

[02] Market Snapshot

Housing Ratio
2.8x

Undervalued relative to economy

GDP Growth
+1.0%

Well below national median

Home Prices
+8.2%

Outpacing national median

Climate & Terrain
-2.4

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks undervalued at 2.8x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Marshfield Clinic Health System Healthcare
    1,000+
  2. 2
    Wood County Government Government
  3. 3
    School Districts of Wood County Education
  4. 4
    Manufacturing Companies (various) Manufacturing
  5. 5
    Retail Companies (various) Retail
    500+

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
74,138
+0.04% YoY
Median Household Income
$63,273
Median Home Value
$156,600
+8.2% 12mo
Median Rent
$830
Average Annual Pay
$56,502
+2.0% YoY
Employment
36,183
-1.2% YoY
Income-to-Home-Value
0.404
More affordable than average
Migration Inflow
3.54%
of pop. from another state
Bachelor's Degree+
21.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$219,900
Days on Market
87
Slower market
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
97.0%
Negotiation room for buyers
Sold Above List
24.5%
Listings w/ Price Drops
13.1%
Building Permits (2024)
138
Single-Family Permits
130

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.1
per 100K · nat avg 6.3
Firearm Fatalities
11.2
per 100K · nat avg 14.8
Injury Deaths
105.3
per 100K · nat avg 76.3
vs National Average
Well below national avg
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] Capital Investment

$275M
TOTAL
PROJECT AMOUNT STATUS
Wood County Solar Project
Alliant Energy, Savion, Wisconsin Power and Light
$150M Operating
Wood County Battery Energy Storage System (BESS)
Alliant Energy, FlexGen, J.P. Cullen
$75M Operating
DPO WI Data Center
Digital Power Optimization
$50M Planned

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

[07] Score Breakdown

GDP Growth +1.0% 18 percentile
Population Growth +0.0% 32 percentile
Income Growth +9.1% 65 percentile
Vacancy Rate 1.0% 58 percentile
Home Price Change +8.2% 99 percentile
Rent Growth +1.0% 19 percentile
Price/Rent 14x 46 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

Wood County ranks #109 out of 996 U.S. counties on the Boom Town Index with a score of 89/100. The composite score reflects long-term strength — housing, income, and migration patterns — but near-term hiring is soft (employment is down 1.2% year-over-year). Median household income here is $63,273.

Is Wood County affordable?

By national standards, Wood County is quite affordable. Homes here have a median value of $156,600, and the income-to-home-value ratio of 0.40 is well above the U.S. average — especially with median rent at just $830/month. Residents can generally buy a home without being cost-burdened.

Is Wood County growing or shrinking?

Wood County's job market is contracting (-1.2% YoY) while population is roughly stable (+0.0% change). Home values are +8.2% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.

Are people moving to Wood County?

There's a moderate stream of newcomers. About 3.54% of residents moved from another state, which is above average and suggests Wood County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Wood County?

Home values climbed +8.2% year-over-year, which is a solid pace of appreciation. The median home in Wood County is now valued at $156,600. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Manitowoc County, WI 92 Winnebago County, WI 86 Sheboygan County, WI 93 Grant County, WI 93 Walworth County, WI 93 Outagamie County, WI 85 Jefferson County, AR 89 Lapeer County, MI 89