Redwood, OR is an excellent place to live for those seeking a relaxing lifestyle with access to necessary amenities. The cost of renting a 2-bedroom apartment is slightly lower than the US median rental price, making it an attractive option for budget-conscious tenants. Additionally, the cost of groceries in Redwood is roughly in line with the national average.
The city offers plenty of activities and amenities to its residents. Some local companies include The Redwood Group, offering property management services; Greener Gardeners landscaping services; and OnTimeTaxi taxi service. Shopping options range from small boutique stores to big box stores including Home Depot, Target, Walmart and more. There’s something for everyone in Redwood – whether you’re looking for outdoor recreation or indoor entertainment, there are plenty of options to choose from!
Redwood has an unemployment rate of 7.5%. The US average is 6.0%.
Redwood has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Redwood
- The Sales Tax Rate for Redwood is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Redwood is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Redwood
- The average income of a Redwood resident is $34,046 a year. The US average is $28,555 a year.
- The Median household income of a Redwood resident is $60,643 a year. The US average is $69,021 a year.