Cost of living
Redwood City, California
(Redwood City is Located in San Mateo County)
Cost of living in Redwood City, California
Cost of living
compared to USA
the highest
Cost of living
compared to California
the highest
Median household
income
the highest
Is it expensive to live in Redwood City, California? When calculating the cost of living in Redwood City, California we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Redwood City, California is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in California, while median household income in Redwood City is $123,294 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in California.
Taxes in Redwood City, California
The sales tax rate in Redwood City, California is 9.9%. Last year, the average property taxes paid was 0.7% Redwood City, California.
Here is the table with the State Income Taxes in the state of California:
State Income Tax Brackets:
| Income Brackets(single): | Income Brackets(Married): | California Income Tax Rate |
|---|---|---|
| $0 - $10,099 | $0 - $20,198 | 1.0% |
| $10,099 - $23,942 | $20,198 - $47,884 | 2.0% |
| $23,942 - $37,788 | $47,884 - $75,576 | 4.0% |
| $37,788 - $52,455 | $75,576 - $104,910 | 6.0% |
| $52,455 - $66,295 | $104,910 - $132,590 | 8.0% |
| $66,295 - $338,639 | $132,590 - $677,278 | 9.3% |
| $338,639 - $406,364 | $677,278 - $812,728 | 10.3% |
| $406,364 - $677,275 | $812,728 - $1,000,000 | 11.3% |
| $677,275 - $1,000,000 | $1,000,000 - $1,354,550 | 12.3% |
| >= $1,000,000 | >= $1,354,550 | 13.3% |
Housing costs in Redwood City, California
The average cost of
a single-family home
compated to USA
the highest
The average cost of
a single-family home
compated to California
the highest
In Redwood City, California, 47.0% of the population owns their homes, while approximately 53.0% rent. The average cost of a single-family home in Redwood City, California in 2023 is $1,1856,679 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in California. The average one-bedroom apartment cost is approximately $3,043 per month.
| Rental Size | Monthly Cost | Compared to California |
|---|---|---|
| 1 Bedroom | $3,043 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $3,627 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $4,442 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $4,828 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 72%
Housing units without a mortgage 28%
Housing units without a mortgage 28%
Housing units with a mortgage, contract to purchase, or similar debt 72%
Housing units with multiple mortgages 22%
Housing units with no second mortgage and no home equity loan 77%
Home equity loan without a primary mortgage 1%
Mortgage, with only second mortgage 10%
Mortgage, with only home equity loan 85%
Mortgage with both second mortgage and home equity loan 5%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Pros and Cons of living in Redwood City, California in reviews from users in their own words:
| Pros | Cons |
|---|---|
Weather, diversity, near ocean, work opportunities | Overpopulated, school district |
It’s beautiful here. | Crowded here |
| See all Pros & Cons | |
| Pros |
|---|
Weather, diversity, near ocean, work opportunities |
It’s beautiful here. |
| Cons | |
|---|---|
Overpopulated, school district | |
Crowded here | |
| See all Pros & Cons | |
Cities Near Redwood City, CA
Get detailed information on cities nearest to Redwood City, CA
Menlo Park, CA
Location data:
High Math proficiency at Middle schools
High proficiency in Reading and Language Arts at Middle schools
Sunny
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