Abstract: The present invention provides a low-density paperboard sheet of at least one paperboard layer made from a stock solution that includes a proportion of standard wood flour or fine sawdust in addition to traditional cellulose fibers. The proportion of sawdust can range from 1% to 40% by weight. Advantageously the sawdust of the present invention does not require a costly refining or micronization operation in order to produce low-density, high yield paperboard layers. Additionally, the low-density layers of the present invention may be readily combined with other layers of varying densities in order to tailor the physical properties of the resulting multi-layer sheet to a given application.