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Woodward is considered a Small Town with a population of 1,426 and 212 businesses. 2 in 2018 were added to the Woodward Chamber of Commerce business directory which was more than 2017 which had 1.
The economy of Woodward employs 796 people and has an unemployment rate of 4.6%. Some of the largest industries in Woodward are Professional Services (28),Beans Peas Lentils Dried (19), and Builders & Contractors (11).