Cost of Living,
Redding's Real Estate Market
Redding Metro Area
Profile: Small town Location: Northern California, at the north end of the Central Valley Elevation: 342 Time zone: Pacific Standard Time
|Mild winters||Educational attainment|
|Outdoor recreation||Summer heat|
|Revitalizing economy ||Isolation|
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Redding is located along I-5 between the Central Valley and the mountainous region to the north into Oregon. Although the nearby mountain ranges and hilly terrain give a different physical appearance from other Valley towns, Redding shares many of the same concerns of the others – challenged economy, high cost of living and housing, and little to do. But there are some signs of an upswing.
The economy, traditionally based on declining forest products from the nearby mountains and some light manufacturing and food processing, had experienced some employment dislocations. Redding’s role as a center for a large region of tourism and some retirement destinations has brought some renewed economic strength, but the area is far from a career-building destination.
Outdoor recreational opportunities are abundant around Lake Shasta to the north, in Trinity Alps to the northwest, and in the Sierra/Cascades to the east. In summer, trapped valley air and abundant sunshine lead to extreme heat with 98 days above 90 degrees, and readings of 105 to 110 not uncommon. The weather is pleasant the rest of the year. The town itself is non-descript and somewhat lacking in intellectual stimulation. Living costs, following most of California, have risen substantially. Redding is a long 3-hour drive from Sacramento, source of the nearest major air service and other amenities.
Low mountains surround Redding in three directions with higher mountains in the distance. Terrain is slightly undulating with typical California valley vegetation—grasses and occasional trees. Summers are consistently hot and completely dry, while winters are cool and wet but with little to no snow except in surrounding mountains. The shape of the valley and latitude lead to more rainfall than most other valley locations.
Interesting Facts about Redding, California
As of 2014, Redding's population is 90,088 people. Since 2000, it has had a population growth of 10.38 percent.--------------------
The median home cost in Redding is $209,000. Home appreciation the last year has been 10.70 percent.--------------------
Compared to the rest of the country, Redding's cost of living is 14.60% Higher than the U.S. average.--------------------
Redding public schools spend $11,936 per student. The average school expenditure in the U.S. is $12,435. There are about 20.8 students per teacher in Redding.--------------------
The unemployment rate in Redding is 8.20 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Redding jobs have Increased by 1.04 percent.
Ranked #8 America's Most (and Least) Stressful Cities (117 Smallest Metro Areas)
Ranked #39 America's Best and Worst Cities for Crime (Smallest Metro Areas)
Ranked #144 Best Green Cities
Ranked #177 2005 Best Places to Live
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Average Commute time is 17 minutes. The National Average is 25 minutes.--------------------
Redding's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes