. 5 % ▁who ▁were ▁ 6 5 ▁years ▁of ▁age ▁or ▁older . ▁The ▁median ▁age ▁was ▁ 3 8 ▁years . ▁For ▁every ▁ 1 0 0 ▁females , ▁there ▁were ▁ 8 7 . 0 ▁males . ▁For ▁every ▁ 1 0 0 ▁females ▁age ▁ 1 8 ▁and ▁over , ▁there ▁were ▁ 8 3 . 8 ▁males . ▁ ▁The ▁median ▁income ▁for ▁a ▁household ▁in ▁the ▁bor ough ▁was ▁$ 4 4 , 5 3 3 , ▁and ▁the ▁median ▁income ▁for ▁a ▁family ▁was ▁$ 5 6 , 3 2 8 . ▁M ales ▁had ▁a ▁median ▁income ▁of ▁$ 4 2 , 1 7 5 ▁versus ▁$ 3 1 , 1 6 9 ▁for ▁females . ▁The ▁per ▁cap ita ▁income ▁for ▁the ▁bor ough ▁was ▁$ 2 4 , 1 8 2 . ▁About ▁ 3 . 5 % ▁of ▁families ▁and ▁ 5 . 5 % ▁of ▁the ▁population ▁were ▁below ▁the ▁pover ty ▁line , ▁including ▁ 9 . 0 % ▁of ▁those ▁under ▁age ▁ 1 8 ▁and ▁ 4 . 3 % ▁of ▁those ▁age ▁ 6 5 ▁or ▁over . ▁ ▁Government ▁ ▁Local ▁government ▁ ▁Wood st own ▁is ▁govern ed ▁under ▁the ▁Bor ough ▁form ▁of ▁New ▁Jersey ▁municipal ▁government . ▁The ▁gover ning ▁body ▁consists ▁of ▁a ▁Mayor ▁and ▁a ▁Bor ough ▁Council ▁compr ising ▁six ▁council ▁members , ▁with ▁all ▁positions ▁elected ▁at - large ▁on ▁a ▁part isan ▁basis ▁as ▁part ▁of ▁the ▁November