Last updated: 2024 BLS data · Page refreshed:
Redwood has a population of 3,721 with a median age of 45.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,721 |
| Median Age | 45.3 |
| White | 84.7% |
| Black or African American | 0.5% |
| Asian | 0.3% |
| Hispanic or Latino | 9.7% |
| Other / Two or More Races | 4.8% |
The median household income in Redwood is $68,125, which is 15.5% below the national median of $80,610. The per capita income is $35,107. The poverty rate is 10.8%.
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In Redwood, 89.8% of residents age 25+ have a high school diploma or higher, and 19.4% hold a bachelor's degree or higher (9.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.8% |
| Bachelor's Degree or Higher | 19.4% |
| Graduate or Professional Degree | 9.3% |
The median home value in Redwood is $397,800, above the national median of $303,400. The median monthly rent is $1,165. The homeownership rate is 61.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $397,800 |
| Median Monthly Rent | $1,165 |
| Homeownership Rate | 61.7% |
| Vacancy Rate | 0.7% |
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