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Economy, jobs and prices in Redwood City, California: official figures

The median household income in Redwood City was $157,814 a year in the 2020-2024 American Community Survey (in 2024 dollars), 23rd highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$157,814
2020-2024
Unemployment rate (ACS)
4.1%
2020-2024
Mean travel time to work
24.3 min
2020-2024
Median gross rent (monthly)
$2,968
2020-2024
Median home value (owner-occupied)
$1,801,700
2020-2024
Homes occupied by their owners
48.6%
2020-2024
Households with a broadband subscription
95.4%
2020-2024

What is the per capita income in Redwood City?

Income per resident (per capita income) in Redwood City averaged $84,106 a year in 2020-2024, 23rd highest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Redwood City?

Redwood City's Gini index of household income inequality was 0.485 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 165th 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 Redwood City, California?

4.1% of the civilian labor force in Redwood City was unemployed on average over 2020-2024 (1,885 people), 196th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Redwood City are working?

69.0% of Redwood City's 66,827 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 207th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Redwood City have jobs?

44,102 residents of Redwood City held civilian jobs, 66.0% of those aged 16 and over (US: 59.7%), and 99 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Redwood City?

The largest industry group for working residents of Redwood City was professional, scientific, management and administrative services (24.2% of employed residents), followed by education, health care and social assistance (21.5%) and construction (8.3%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Redwood City work in manufacturing?

Manufacturing employed 7.5% of working residents of Redwood City, 306th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 24.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Redwood City, California?

Commuters in Redwood City took 24.3 minutes on average to get to work in 2020-2024, 392nd shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.4% travelled an hour or more and 22.3% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Redwood City get to work?

26.7% of workers living in Redwood City worked from home in 2020-2024, 85th highest of 823 US cities of 50,000 or more (US: 15.1%). 55.3% drove to work alone, 9.5% carpooled, 3.8% used public transport and 2.4% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Redwood City, California?

The median gross rent (rent plus utilities) in Redwood City was $2,968 a month in 2020-2024, 14th highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Redwood City?

Owner-occupied homes in Redwood City had a median value of $1,801,700 in 2020-2024 as estimated by their owners, 6th highest of 823 US cities of 50,000 or more (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Redwood City?

The median home value in Redwood City was 11.4 times the median household income, 9th 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 Redwood City, California own their home?

48.6% of the 29,951 occupied homes in Redwood City were lived in by their owners in 2020-2024 and 15,402 were rented, 179th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Redwood City have broadband?

95.4% of households in Redwood City had a broadband internet subscription of some type in 2020-2024, 159th highest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Redwood City have no internet?

2.4% of households in Redwood City (720) had no internet access at home in 2020-2024, 130th lowest of 823 US cities of 50,000 or more (US: 6.5%); 7.0% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Redwood City compares with other cities in the United States

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

Redwood City ranks 23 of 823, highest first.

RankCityMedian household income (2024 dollars)
20Livermore$160,775
21Johns Creek$160,093
22Eastvale$160,069
23Redwood City$157,814
24Yorba Linda$157,582
25Newport Beach$156,867
26Naperville$155,105
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 23 of 823, highest first.

RankCityPer capita income (2024 dollars)
20Encinitas$84,594
21San Ramon$84,288
22San Mateo$84,247
23Redwood City$84,106
24Dublin$84,023
25Palm Beach Gardens$83,250
26Sandy Springs$83,136
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Redwood City ranks 165 of 823, highest first.

RankCityGini index of household income inequality
162Jackson0.485
163Terre Haute0.485
164Camden0.485
165Redwood City0.485
166Kalamazoo0.485
167Raleigh0.484
168Urban Honolulu0.484
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 628 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
625Janesville4.1%
626Rochester Hills4.1%
627Johns Creek4.1%
628Redwood City4.1%
629West Allis4.1%
630Wyoming4.1%
631Hialeah4.1%
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 207 of 823, highest first.

RankCityLabor force participation rate (16 and over)
204Lee's Summit69.0%
205Miami Beach69.0%
206Elgin69.0%
207Redwood City69.0%
208Queen Creek69.0%
209Sparks69.0%
210Hawthorne68.9%
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 432 of 823, highest first.

RankCityMean travel time to work (minutes)
429Cranston24.3
430Henderson24.3
431Greer24.3
432Redwood City24.3
433Greeley24.3
434Livonia24.3
435Rochester Hills24.3
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Redwood City ranks 85 of 823, highest first.

RankCityWorkers who worked from home
82Medford26.8%
83Saratoga Springs26.8%
84Mount Pleasant26.7%
85Redwood City26.7%
86Allen26.7%
87Oakland26.5%
88Tigard26.4%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Redwood City ranks 137 of 823, highest first.

RankCityWorkers commuting by public transportation
134Youngstown3.9%
135Compton3.9%
136Novato3.8%
137Redwood City3.8%
138Pasadena3.8%
139Renton3.8%
140Long Beach3.8%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Redwood City ranks 518 of 823, highest first.

RankCityEmployed residents working in manufacturing
515Austin7.5%
516North Port7.5%
517Ames7.5%
518Redwood City7.5%
519Malden7.4%
520Chula Vista7.4%
521Charlotte7.4%
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 544 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
541Pembroke Pines21.5%
542Cary21.5%
543Watsonville21.5%
544Redwood City21.5%
545Montgomery21.5%
546Burbank21.5%
547San Marcos21.4%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Redwood City ranks 14 of 823, highest first.

RankCityMedian gross rent per month
11Santa Clara$3,016
12Irvine$2,997
13San Ramon$2,968
14Redwood City$2,968
15Hoboken$2,938
16Fremont$2,933
17Laguna Niguel$2,903
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 6 of 823, highest first.

RankCityMedian value of owner-occupied homes
3Cupertinomore than $2,000,000
4Mountain View$1,927,000
5Sunnyvale$1,801,800
6Redwood City$1,801,700
7Santa Monica$1,755,500
8Encinitas$1,646,800
9San Mateo$1,618,700
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 8 of 820, highest first.

RankCityMedian home value as a multiple of median household income
5San Luis Obispo12.7x
6Glendale12.5x
7Boulder11.9x
8Redwood City11.4x
9Hawthorne11.4x
10San Rafael11.4x
11Los Angeles11.2x
Source: U.S. Census Bureau · saved copy

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

Redwood City ranks 645 of 823, highest first.

RankCityOccupied homes lived in by their owners
642Manchester48.7%
643Jackson48.6%
644Lancaster48.6%
645Redwood City48.6%
646St. Cloud48.6%
647Santa Cruz48.4%
648Dayton48.4%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Redwood City ranks 159 of 823, highest first.

RankCityHouseholds with a broadband subscription
156Roseville95.5%
157Oceanside95.4%
158Palm Beach Gardens95.4%
159Redwood City95.4%
160San Jose95.4%
161Buena Park95.4%
162Eden Prairie95.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Redwood City ranks 694 of 823, highest first.

RankCityHouseholds with no internet access
691Novi2.4%
692Chino2.4%
693Troy2.4%
694Redwood City2.4%
695Cambridge2.4%
696Encinitas2.4%
697Orem2.4%
Source: U.S. Census Bureau · saved copy

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Sources

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