Woodstock is a somewhat small town located in the state of Maryland. With a population of 7,871 people and two constituent neighborhoods, Woodstock is the 105th largest community in Maryland. Woodstock has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Woodstock, where the median household income is $128,093.00.
Woodstock is a decidedly white-collar town, with fully 93.90% of the workforce employed in white-collar jobs, well above the national average. Overall, Woodstock is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Woodstock who work in management occupations (18.74%), office and administrative support (10.35%), and computer science and math (9.88%).
Also of interest is that Woodstock has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.70% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Woodstock is a great place for families with children to consider. First of all, many other families with children live here, making Woodstock a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Woodstock has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Woodstock’s overall crime rate is lower than average for the country.
One downside of living in Woodstock is that it can take a long time to commute to work. In Woodstock, the average commute to work is 34.23 minutes, which is quite a bit higher than the national average.
If knowledge is power, Woodstock is a pretty powerful place. 58.93% of the adults in Woodstock have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Woodstock in 2018 was $58,759, which is wealthy relative to Maryland and the nation. This equates to an annual income of $235,036 for a family of four.
Woodstock is an extremely ethnically-diverse town. The people who call Woodstock home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Woodstock residents report their race to be White, followed by Asian. Important ancestries of people in Woodstock include German, Irish, English, Italian, and Canadian.
Foreign born people are also an important part of Woodstock's cultural character, accounting for 22.28% of the town’s population.
The most common language spoken in Woodstock is English. Other important languages spoken here include Korean and Chinese.