Last updated: 2024 BLS data · Page refreshed:
Redwood has a population of 3,441 with a median age of 37.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,441 |
| Median Age | 37.8 |
| White | 35.7% |
| Black or African American | 2.1% |
| Hispanic or Latino | 84.8% |
The median household income in Redwood is $88,693, which is 10.0% above the national median of $80,610. The per capita income is $29,177. The poverty rate is 2.2%.
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In Redwood, 79.0% of residents age 25+ have a high school diploma or higher, and 10.4% hold a bachelor's degree or higher (0.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 79.0% |
| Bachelor's Degree or Higher | 10.4% |
| Graduate or Professional Degree | 0.5% |
The median home value in Redwood is $109,500, below the national median of $303,400. The median monthly rent is $1,302. The homeownership rate is 71.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $109,500 |
| Median Monthly Rent | $1,302 |
| Homeownership Rate | 71.7% |
| Vacancy Rate | 8.1% |
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