Living in Redmond, Washington
Cost of living, income, home prices, rent and demographics of Redmond · Census data 2020–2024
Redmond has 77,353 residents with a median age of 35. The median household income is $162,560 (66% higher than the Washington median), the median home value is $1,167,800, the median rent is $2,409/month.
Redmond at a glance
- Population
- 77,353
- Median age
- 35State: 38.3
- Median household income
- $162,560State: $98,141
- Median home value
- $1,167,800State: $564,600
- Median rent
- $2,409/moState: $1,760
- Homeowners
- 43.2%
- Bachelor's degree or higher
- 75.3%
- Average commute
- 22 min
Is Redmond a good place to live?
Pros: Median household income 66% higher than the Washington median; an average commute of 22 minutes; unemployment of 4.9%; a poverty rate of 5.6%.
Cons: Home values 107% higher than the state median.
The weather is best in June to September.
Cost of living in Redmond
Housing is the biggest part of the cost of living. In Redmond the median home value is $1,167,800, 251% higher than the U.S. median. Renters pay a median of $2,409 per month, which is 23.3% of household income. Homeowners with a mortgage pay $3,798 a month in housing costs.
Redmond median household income
The median household income in Redmond is $162,560 and the income per person is $92,776. 5.6% of residents live below the poverty line (Washington: 9.9%).
Housing in Redmond: homes for sale and rent
- Housing units
- 35,104
- Owner-occupied
- 43.2%
- Renter-occupied
- 56.8%
- Vacant
- 5.7%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.32
Redmond demographics
- Population
- 77,353
- Median age
- 35
- Under 18
- 20.9%
- 65 and older
- 10.4%
- Households
- 33,100
- Foreign-born
- 45.3%
- Veterans
- 3%Adults 18+
Hispanic or Latino can be of any race. Population history of Redmond ›
Education in Redmond
75.3% of adults 25 and older in Redmond have a bachelor's degree or higher (Washington: 39.6%), and 38.6% have a graduate or professional degree.
Jobs and commute in Redmond
- Unemployment rate
- 4.9%State: 5.1%
- Average commute
- 22 minState: 27 min
- Work from home
- 38.4%
- Drive alone
- 45.7%
- Public transit
- 5.4%
- Walk to work
- 2.8%
- Homes with broadband
- 95.8%
Redmond vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Redmond | 77,353 | $162,560 | $1,167,800 | $2,409 |
| Kirkland | 92,621 | $150,414 | $1,115,400 | $2,401 |
| Union Hill-Novelty Hill | 23,047 | $185,369 | $1,218,500 | $2,556 |
| Cottage Lake | 22,518 | $213,106 | $1,230,700 | $2,740 |
| Yarrow Point | 1,198 | $250,001 | $2,000,001 | $3,501 |
| Woodinville | 13,438 | $164,398 | $1,100,100 | $2,416 |
| Clyde Hill | 3,119 | $250,001 | $2,000,001 | $3,501 |
| Hunts Point | 289 | $250,001 | $2,000,001 | — |
| Bellevue | 151,847 | $165,576 | $1,340,300 | $2,572 |
More for people moving to Redmond
Redmond ZIP code ›Weather and climate ›Living in Redmond: FAQ
What is the median household income in Redmond, WA?
The median household income in Redmond is $162,560, 66% higher than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Redmond?
The median home value in Redmond is $1,167,800, compared with $564,600 in Washington.
How much is rent in Redmond?
The median gross rent in Redmond is $2,409 per month, about 23.3% of household income.
Is Redmond, WA a good place to live?
Pluses: median household income 66% higher than the Washington median; an average commute of 22 minutes; unemployment of 4.9%; a poverty rate of 5.6%. Minuses: home values 107% higher than the state median.
What is the median age in Redmond?
The median age in Redmond is 35 years (Washington: 38.3).
How long is the commute in Redmond?
The average commute to work in Redmond is 22 minutes; 38.4% of workers work from home.
What is the unemployment rate in Redmond?
The unemployment rate in Redmond is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Redmond?
75.3% of adults in Redmond 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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