How America Moves

Wood County, TX

Migration of people and income, 20222023 filing years

Between the 2022 and 2023 filing years, Wood County, TX saw a net gain of 347 tax-filing households and a net gain of 779 individuals. On net, the area gained $49.0M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Smith County; the largest outflow went to Smith County. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$49.0M
nominal dollars
Net households
+347
tax returns
Net people
+779
exemptions

Income (AGI) in and out

Moved in$122.8M
Moved out$73.8M
Net +$49.0M (nominal)

Net migration by year

Net 2012–2023: +$469.7M (+9,626 people)
20122023
Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$22.9M+454
2013+$17.0M+456
2014+$17.3M+399
2015+$12.5M+286
2016+$41.5M+698
2017+$54.9M+1,349
2018+$28.7M+838
2019+$28.7M+758
2020+$43.8M+1,072
2021+$72.2M+1,467
2022+$81.2M+1,070
2023+$49.0M+779

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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.