Redwood Valley, CA Economy


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Redwood Valley, CA is a small town located in Northern California. It is a great place to live because it offers a peaceful environment and its close proximity to vibrant urban areas. The average rent for a 2 bedroom apartment in Redwood Valley is $1,540 which is slightly higher than the US at $1,430. The Grocery Cost Index in Redwood Valley is 108 versus 100 in the US, indicating that groceries are more expensive here than on average across the country. The cost of living in Redwood Valley is generally high compared to other towns in the area due to its limited resources and amenities. Despite this, there are plenty of local businesses for residents to shop at such as Walmart, Target, Whole Foods Market, and Safeway. Therefore, while living in Redwood Valley may be more expensive than other parts of the country, it does offer convenience and local services to support its residents.

Redwood Valley has an unemployment rate of 7.1%. The US average is 6.0%.

Redwood Valley has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Redwood Valley
- The Sales Tax Rate for Redwood Valley is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Redwood Valley 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 Redwood Valley
- The average income of a Redwood Valley resident is $22,656 a year. The US average is $28,555 a year.
- The Median household income of a Redwood Valley resident is $48,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRedwood Valley, CaliforniaUnited States
  7.16
  -9.1%-6.2%
  28.4%33.5%
  7.9%6.2%
  8.0%4.6%
  $26,353$37,638
  $48,750$69,021
  $70,771$85,028
  Population by Occupation
  0.0%1.2%
  1.9%0.5%
  2.0%6.8%
  0.0%10.0%
  8.6%2.5%
  10.4%11.0%
  5.1%4.8%
  2.0%0.8%
  0.0%1.9%
  10.4%4.7%
  0.0%1.9%
  4.6%7.6%
  0.0%0.1%
  13.6%4.2%
  14.0%9.3%
  2.4%14.0%
  0.0%2.1%
  8.1%7.0%
  7.6%4.8%
  9.2%4.7%
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