Zip 97756 (Redmond, OR) Economy


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Redmond, OR, 97756 has a 2 bedroom rent of $1,380 which is slightly less than the US average 2 bedroom rent of $1,430. This may be attractive to people considering moving to Redmond as it offers relatively affordable living conditions. Redmond also has a Grocery Cost Index of 101 versus the US average of 100, which may indicate that groceries here are slightly more expensive than in other parts of the country. Many popular companies and organizations have chosen this city for its vibrant culture and opportunities for growth. Noteworthy businesses with offices in Redmond include Amazon Web Services, Microsoft Corporation, and Kaiser Permanente Northwest. With an affordable cost of living and plenty of job opportunities at some of the biggest companies in the world, Redmond is an attractive option for those looking to move somewhere new.

Redmond (zip 97756) has an unemployment rate of 8.9%. The US average is 6.0%.

Redmond (zip 97756) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 50.3%, which is higher than the US average of 33.5%.

Tax Rates for Redmond (zip 97756)
- The Sales Tax Rate for Redmond (zip 97756) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Redmond (zip 97756) 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 Redmond (zip 97756)
- The average income of a Redmond (zip 97756) resident is $20,364 a year. The US average is $28,555 a year.
- The Median household income of a Redmond (zip 97756) resident is $71,415 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRedmond, OregonUnited States
  8.96
  -2.7%-6.2%
  50.3%33.5%
  0.0%6.2%
  9.0%4.6%
  $31,818$37,638
  $71,415$69,021
  $78,328$85,028
  Population by Occupation
  2.5%1.2%
  0.2%0.5%
  12.0%6.8%
  6.9%10.0%
  1.7%2.5%
  15.0%11.0%
  4.1%4.8%
  0.7%0.8%
  1.3%1.9%
  1.9%4.7%
  1.2%1.9%
  5.6%7.6%
  0.5%0.1%
  3.7%4.2%
  7.2%9.3%
  16.7%14.0%
  2.3%2.1%
  7.9%7.0%
  5.6%4.8%
  3.1%4.7%
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