 About 13.5% of families and 15.4% of the population were below the poverty line, including 12.1% of those under age 18 and none of those age 65 or over.Ed Wood, Sr. founded a settlement in central Arkansas after migrating from Alabama with his mother "circa" 1880.What is now called Woodson was known for much of the area's early history as "Wood Hollow" in recognition of Ed Wood Sr. and his 1890 purchase of the first black-owned plantation in Arkansas.