Economy in Redding, California

Redding California has an economy that is driven by health care services , retail/trade sector as well as tourism . Major employers include Shasta Regional Medical Center , Walmart Stores Inc . , Home Depot U.S.A . , Redding Electric Utility (REU) , Dignity Health Systems and Sierra Pacific Industries . Other prominent employers include Sysco Corp . ; Lowe's Home Improvement ; California Department Of Forestry And Fire Protection (CDF) ; Walmart Distribution Centers ; Adventure RV & Automotive LLC ; Win - River Resort & Casino etc… As per June 2020 statistics from Bureau od Labor Statistics ; unemployment rate was 6%.

Redding has an unemployment rate of 6.8%. The US average is 6.0%.

Redding has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for Redding
- The Sales Tax Rate for Redding is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Redding is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Redding
- The average income of a Redding resident is $23,893 a year. The US average is $28,555 a year.
- The Median household income of a Redding resident is $43,773 a year. The US average is $53,482 a year.