We examined phenotypic relationships among radial growth-related, physical (i.e., related to wood density), and anatomical (i.e., related to tracheid dimensions) wood properties in white spruce (Picea glauca (Moench) Voss), in order to determine the strength and significance of their correlations. Additionally, principal component analysis (PCA) was used to establish if all of the properties must be measured and to determine the key properties that can be used as proxies for the other variables. Radial growth-related and physical properties were measured with an X-ray densitometer, while anatomical properties were measured with a Fiber Quality Analyzer. Fifteen wood properties (tracheid length (TL) and diameter (TD), earlywood tracheid length (ETL) and diameter (ETD), latewood tracheid length (LTL) and diameter (LTD), ring width (RW), ring area (RA), earlywood width (EWW), latewood width (LWW), latewood proportion (LWP), ring density (RD), intra-ring density variation, earlywood density (EWD), and latewood density (LWD)) were assessed. Relationships were evaluated at intra-ring and inter-ring levels in the juvenile wood (JW) and mature wood (MW) zones. Except for a few cases when mature tracheid diameter (TD) was involved, all intra-ring anatomical properties were highly and significantly correlated. Radial growth properties were correlated, with stronger relationships in MW compared to JW. Physical properties were often positively and significantly correlated in both JW and MW. A higher earlywood density coupled with a lower latewood density favored wood uniformity, i.e., the homogeneity of ring density within a growth ring. Managing plantations to suppress trees growth during JW formation, and enhancing radial growth when MW formation starts will favor overall wood quality. In order, RW-EWW-RA, TL-ETL-LTL, and RD-EWD-LWP are the three clusters that appeared in the three wood zones, the whole pith-to-bark radial section, the juvenile wood zone, and the mature wood zone.