Conserving woody species in parkland agroforestry in many landscapes of the Amhara region, Ethiopia plays a vital role in not only conservation but also production and productivity. Womberima is among the districts in the Amhara region which is under challenges of woody species degradation. This study was conducted to assess the diversity and management of woody species in parkland agroforestry in Womberima district. A total of 129 households were randomly selected for socioeconomic data and woody species inventory by categorizing households into poor, medium, and rich wealth classes. Woody species inventory was carried out on 60 (each 50 x 50 m) randomly taken plots from the parkland of sampled households. For this study independent sample t-test and one-way ANOVA was used in SPSS version 26 at 5 % significance level. The density, frequency, and dominance of woody species were computed to characterize the structure of woody species. Woody species composition and diversity were also determined. A total of 47 woody species belonging to 28 families were recorded. Of these, 33 species were recorded from the lowland, and 28 species were recorded from the midland. There was a significant difference (p <0.05) among agro-ecologies and wealth classes in terms of species diversity. The study indicated that the Shannon (1.93), Simpson (0.83), and Margalef index (7.34) of woody species in the lowland and 1.71, 0.79, and 5.93 in midland agro ecology, respectively. Rich households grow high number of species than poor and medium households. Farmers in the study area retain woody species mostly for microclimate amelioration (92.2%), shading (89.1%), house construction (87.6 %), soil fertility improvement (76 %), animal fodder (71.3 %) and fuelwood (64.3 %). Pruning (69.8 %) and lopping (58.9%) are the dominant management practices employed for woody species in the study area. The diversity of woody species in lowland agroecology was higher than that of the midland agroecology. Bearing this in mind the conservation and plantation of woody species in the midland agro ecology are particularly important.