Wollomombi’s cool climate is partly due to the town’s location between the Wollomombi River and Chandler River. The small town generally depends on livestock grazing as the main source of economic revenue. This is supported by Wollomombi’s close proximity to the Northern Tablelands plateau in the New England region. Other businesses such as a general merchandise store also play a part in fuelling commercial growth. Tourism is also a significant part of the town’s economy. For instance, certain attractions such as the Wollomombi Falls in the Oxley Wild Rivers National Park can be found in this town. Apart from a community hall, some of the town’s public infrastructure include a sports ground and a wooden church building.