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Economy, jobs and prices in Redmond, Washington: official figures

The median household income in Redmond was $162,560 a year in the 2020-2024 American Community Survey (in 2024 dollars), 17th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Washington median $98,141.

Median household income
$162,560
2020-2024
Unemployment rate (ACS)
4.9%
2020-2024
Mean travel time to work
22.1 min
2020-2024
Median gross rent (monthly)
$2,409
2020-2024
Median home value (owner-occupied)
$1,167,800
2020-2024
Homes occupied by their owners
43.2%
2020-2024
Households with a broadband subscription
95.8%
2020-2024

What is the per capita income in Redmond?

Income per resident (per capita income) in Redmond averaged $92,776 a year in 2020-2024, 13th highest of 823 US cities of 50,000 or more (US: $44,673; Washington: $53,744).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Redmond?

Redmond's Gini index of household income inequality was 0.450 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 381st most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Redmond, Washington?

4.9% of the civilian labor force in Redmond was unemployed on average over 2020-2024 (2,201 people), 340th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Washington's 5.1%.

Source: U.S. Census Bureau · saved copy

What share of people in Redmond are working?

72.3% of Redmond's 62,530 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 76th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Redmond have jobs?

42,861 residents of Redmond held civilian jobs, 68.5% of those aged 16 and over (US: 59.7%), and 120 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Redmond?

The largest industry group for working residents of Redmond was professional, scientific, management and administrative services (39.8% of employed residents), followed by education, health care and social assistance (13.3%) and retail trade (12.2%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Redmond work in manufacturing?

Manufacturing employed 6.5% of working residents of Redmond, 208th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 39.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Redmond, Washington?

Commuters in Redmond took 22.1 minutes on average to get to work in 2020-2024, 254th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.4% travelled an hour or more and 28.8% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Redmond get to work?

38.4% of workers living in Redmond worked from home in 2020-2024, 2nd highest of 823 US cities of 50,000 or more (US: 15.1%). 45.7% drove to work alone, 5.7% carpooled, 5.4% used public transport and 2.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Redmond, Washington?

The median gross rent (rent plus utilities) in Redmond was $2,409 a month in 2020-2024, 59th highest of 823 US cities of 50,000 or more (US: $1,413; Washington: $1,760).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Redmond?

Owner-occupied homes in Redmond had a median value of $1,167,800 in 2020-2024 as estimated by their owners, 33rd highest of 823 US cities of 50,000 or more (US: $332,700; Washington: $564,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Redmond?

The median home value in Redmond was 7.2 times the median household income, 114th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Redmond, Washington own their home?

43.2% of the 33,100 occupied homes in Redmond were lived in by their owners in 2020-2024 and 18,798 were rented, 94th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Washington: 63.8%).

Source: U.S. Census Bureau · saved copy

What share of homes in Redmond have broadband?

95.8% of households in Redmond had a broadband internet subscription of some type in 2020-2024, 130th highest of 823 US cities of 50,000 or more (US: 91.0%; Washington: 93.6%).

Source: U.S. Census Bureau · saved copy

How many households in Redmond have no internet?

2.0% of households in Redmond (653) had no internet access at home in 2020-2024, 78th lowest of 823 US cities of 50,000 or more (US: 6.5%); 4.9% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Redmond compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Redmond ranks 17 of 823, highest first.

RankCityMedian household income (2024 dollars)
14Milpitas$178,798
15Celina$170,894
16Bellevue$165,576
17Redmond$162,560
18Encinitas$162,229
19Flower Mound$161,235
20Livermore$160,775
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Redmond ranks 13 of 823, highest first.

RankCityPer capita income (2024 dollars)
10Kirkland$95,367
11Santa Monica$94,641
12Edina$93,210
13Redmond$92,776
14San Francisco$92,289
15Santa Clara$89,833
16Pleasanton$88,401
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Redmond ranks 381 of 823, highest first.

RankCityGini index of household income inequality
378Escondido0.450
379Baytown0.450
380Vineland0.450
381Redmond0.450
382Pembroke Pines0.450
383New Bedford0.450
384Battle Creek0.450
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Redmond ranks 484 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
481Georgetown4.9%
482Peabody4.9%
483Tampa4.9%
484Redmond4.9%
485Denver4.9%
486Diamond Bar4.9%
487Mableton4.9%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Redmond ranks 76 of 823, highest first.

RankCityLabor force participation rate (16 and over)
73Round Rock72.3%
74Malden72.3%
75Celina72.3%
76Redmond72.3%
77Medford72.2%
78Gilbert72.2%
79Aurora72.1%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Redmond ranks 570 of 823, highest first.

RankCityMean travel time to work (minutes)
567Warner Robins22.2
568Bethlehem22.1
569St. Louis22.1
570Redmond22.1
571Salem22.0
572Schenectady22.0
573Minneapolis22.0
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Redmond ranks 2 of 823, highest first.

RankCityWorkers who worked from home
1Sammamish38.8%
2Redmond38.4%
3Santa Monica38.4%
4Frisco37.8%
5Johns Creek37.8%
6Berkeley37.1%
7Alpharetta36.7%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Redmond ranks 87 of 823, highest first.

RankCityWorkers commuting by public transportation
84Ames5.5%
85Inglewood5.5%
86St. Paul5.4%
87Redmond5.4%
88Dublin5.4%
89Naperville5.4%
90Cincinnati5.3%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Redmond ranks 616 of 823, highest first.

RankCityEmployed residents working in manufacturing
613Medford6.5%
614Norwalk6.5%
615La Mesa6.5%
616Redmond6.5%
617Charleston6.5%
618Gulfport6.5%
619Oakland6.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Redmond ranks 823 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
817Decatur14.5%
818Bentonville14.5%
819Sunnyvale14.3%
820Irving13.9%
821Doral13.5%
822Cicero13.5%
823Redmond13.3%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Redmond ranks 59 of 823, highest first.

RankCityMedian gross rent per month
56Petaluma$2,440
57Palm Beach Gardens$2,417
58Santa Barbara$2,413
59Redmond$2,409
60Santa Monica$2,402
61Kirkland$2,401
62Hayward$2,391
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Redmond ranks 33 of 823, highest first.

RankCityMedian value of owner-occupied homes
30Irvine$1,191,500
31Laguna Niguel$1,190,900
32South San Francisco$1,188,800
33Redmond$1,167,800
34Yorba Linda$1,147,100
35Kirkland$1,115,400
36Costa Mesa$1,115,100
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Redmond ranks 111 of 820, highest first.

RankCityMedian home value as a multiple of median household income
108Santa Rosa7.2x
109Shoreline7.2x
110Salt Lake City7.2x
111Redmond7.2x
112Newark7.2x
113Everett7.2x
114Chapel Hill7.1x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Redmond ranks 730 of 823, highest first.

RankCityOccupied homes lived in by their owners
727Chico43.4%
728Burbank43.3%
729Lowell43.2%
730Redmond43.2%
731Allentown43.2%
732Buffalo43.0%
733Paramount43.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Redmond ranks 130 of 823, highest first.

RankCityHouseholds with a broadband subscription
127Lee's Summit95.8%
128Antioch95.8%
129Folsom95.8%
130Redmond95.8%
131Vacaville95.7%
132McKinney95.7%
133Madison95.7%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Redmond ranks 746 of 823, highest first.

RankCityHouseholds with no internet access
743Hillsboro2.0%
744Lawrence2.0%
745San Ramon2.0%
746Redmond2.0%
747Cupertino2.0%
748Lewisville2.0%
749Maricopa2.0%
Source: U.S. Census Bureau · saved copy

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Sources

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