Cost of living
Redmond, Washington
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Redmond, WA is #12 on the list Top 100 Most Educated Cities in America in 2023, #10 on the list Top 100 Most Educated Cities in America in 2022, #68 on the list Top 100 Best Places to Raise a Family in the West in 2022, situated in the county #91 on the list Top 100 Healthiest Counties in America
Cost of living in Redmond, Washington
Cost of living compared to USAthe highest
Cost of living compared to Washingtonthe highest
Median household incomethe highest
Is it expensive to live in Redmond, Washington? When calculating the cost of living in Redmond, Washington 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 Redmond, Washington 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 Washington, while median household income in Redmond is $132,770 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 Washington.
Taxes in Redmond, Washington
The sales tax rate in Redmond, Washington is 10.1%. Last year, the average property taxes paid was 1.0% Redmond, Washington.
The state of Washington is one of the states with no state income taxes.
Housing costs in Redmond, Washington
The average cost of a single-family home compared to USAthe highest
The average cost of a single-family home compared to Washingtonthe highest
In Redmond, Washington, 50.0% of the population owns their homes, while approximately 50.0% rent. The average cost of a single-family home in Redmond, Washington in 2022 is $1,1224,091 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 Washington. The average one-bedroom apartment cost is approximately $2,285 per month.
| Rental Size | Monthly Cost | Compared to Washington |
|---|---|---|
| 1 Bedroom | $2,285 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $2,674 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $3,589 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $4,190 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Pros and Cons of living in Redmond, Washington in reviews from users in their own words:
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