[4] The town was named after George Tyler Wood, governor of Texas from 1847 to 1849.

According to the United States Census Bureau, the town has a total area of 3.2 square miles (8.2 km2), all land.

The climate in this area is characterized by hot, humid summers and generally mild to cool winters.

[5] As of the 2020 United States census, there were 2,403 people, 1,084 households, and 724 families residing in the town.

37.9% of all households were made up of individuals, and 20.6% had someone living alone who was 65 years of age or older.