Living in Redwood, New York
Cost of living, income, home prices, rent and demographics of Redwood · Census data 2020–2024
Redwood has 371 residents with a median age of 23.6. The median household income is $109,643 (28% higher than the New York median), the median home value is $183,000, the median rent is $1,556/month.
Redwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Redwood at a glance
- Population
- 371
- Median age
- 23.6State: 39.8
- Median household income
- $109,643State: $85,974
- Median home value
- $183,000State: $423,800
- Median rent
- $1,556/moState: $1,621
- Homeowners
- 74.1%
- Bachelor's degree or higher
- 12%
- Average commute
- 29 min
Is Redwood a good place to live?
Pros: Median household income 28% higher than the New York median; home values 57% lower than the state median; an average commute of 29 minutes; unemployment of 3.2%.
Cons: A poverty rate of 14.6%.
The weather is best in June to September.
Cost of living in Redwood
Housing is the biggest part of the cost of living. In Redwood the median home value is $183,000, 45% lower than the U.S. median. Renters pay a median of $1,556 per month, which is 23.6% of household income. Homeowners with a mortgage pay $1,113 a month in housing costs.
Redwood median household income
The median household income in Redwood is $109,643 and the income per person is $35,150. 14.6% of residents live below the poverty line (New York: 14%).
Housing in Redwood: homes for sale and rent
- Housing units
- 152
- Owner-occupied
- 74.1%
- Renter-occupied
- 25.9%
- Vacant
- 23.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 3.20
Redwood demographics
- Population
- 371
- Median age
- 23.6
- Under 18
- 31%
- 65 and older
- 4.9%
- Households
- 116
- Foreign-born
- 0%
- Veterans
- 13.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Redwood ›
Education in Redwood
12% of adults 25 and older in Redwood have a bachelor's degree or higher (New York: 40.2%), and 6.7% have a graduate or professional degree.
Jobs and commute in Redwood
- Unemployment rate
- 3.2%State: 6.4%
- Average commute
- 29 minState: 33 min
- Work from home
- 6.8%
- Drive alone
- 88.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Redwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Redwood | 371 | $109,643 | $183,000 | $1,556 |
| Plessis | 176 | $155,053 | $152,100 | — |
| Theresa | 945 | $58,583 | $164,900 | $946 |
| Alexandria Bay | 1,212 | $55,048 | $154,100 | $625 |
| La Fargeville | 512 | $61,250 | $307,100 | $750 |
| Thousand Island Park | 222 | $190,250 | $376,600 | — |
| Philadelphia | 821 | $69,732 | $160,400 | $850 |
| Hammond | 320 | $56,917 | $81,900 | $796 |
| Antwerp | 683 | $56,964 | $128,100 | $806 |
More for people moving to Redwood
Redwood ZIP code ›Weather and climate ›Living in Redwood: FAQ
What is the median household income in Redwood, NY?
The median household income in Redwood is $109,643, 28% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Redwood?
The median home value in Redwood is $183,000, compared with $423,800 in New York.
How much is rent in Redwood?
The median gross rent in Redwood is $1,556 per month, about 23.6% of household income.
Is Redwood, NY a good place to live?
Pluses: median household income 28% higher than the New York median; home values 57% lower than the state median; an average commute of 29 minutes; unemployment of 3.2%. Minuses: a poverty rate of 14.6%.
What is the median age in Redwood?
The median age in Redwood is 23.6 years (New York: 39.8).
How long is the commute in Redwood?
The average commute to work in Redwood is 29 minutes; 6.8% of workers work from home.
What is the unemployment rate in Redwood?
The unemployment rate in Redwood is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Redwood?
12% of adults in Redwood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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