Cost of Living in Redwood, OR

Population 3,150 · Oregon · Data vintage 2023

117
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Redwood sits on the smaller end of the Oregon city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 9.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Redwood lies roughly 115 miles south of the nearest major metro, Eugene. Median home values run roughly 12% lower than Eugene's $435,000.

Cost Overview

Housing 125
Rent 105

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Redwood

The median home value in Redwood is $381,000 — 25% above the national median of $305,000. Median rent runs $1,379/month, 5% higher than the national median of $1,314/month. The median household income of $73,135/year is 2% lower than the US median of $74,580. The local unemployment rate is 9.6%, above the national average of 4.8%. Oregon's top state income tax rate is 9.9% and the combined sales tax is 0.0%. The climate averages highs of 57.0°F and lows of 40.9°F. Overall, Redwood has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.

🏠 Housing

Median Home Value
$381,000
25% above avg
Median Rent
$1,379/mo
5% above avg
Price-to-Rent Ratio
23.0x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$903
1 BR
$1,003
2 BR
$1,252
3 BR
$1,754
4 BR
$2,023
Owner-occupied 76.1%
Renter-occupied 23.9%

💰 Estimated Monthly Budget

Rent median rent
$1,379
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,993/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.9 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.5%

Commute Mode

Drove alone
74.7%
Carpooled
9.1%
Public transit
2.9%
Work from home
12.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.9%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$73,135
2% below avg
Per Capita Income
$36,815
Unemployment Rate
9.6%
100% above avg
Poverty Rate
12.0%
Labor Force Participation
51.5%

🎓 Education

Bachelor's degree+ 10.0%
Graduate degree 14.1%

👥 Demographics

Median Age 49.7
Male median age 49.5
Female median age 50.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.0°F
Avg Low
40.9°F
Annual Precip
40.7"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434446526168777770584741
Low °F 333333354146535451433632
Precip" 6.445.194.893.002.190.940.290.280.842.885.588.14

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
56.2%
Good air days/yr
872
Max AQI recorded
365
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Redwood, OR?

Redwood has a cost index of 117 (100 = national average). It is 17% above the national average.

What is average rent in Redwood, OR?

The median gross rent in Redwood is $1,379 per month based on 2023 Census data.

What is the average home price in Redwood?

The median home value in Redwood is $381,000 according to 2023 Census ACS data.

What is the median income in Redwood?

The median household income in Redwood is $73,135 per year (2023 ACS 5-year estimates).

What is the sales tax in Redwood, OR?

The combined state and local sales tax rate in Redwood is 0.0%. The Oregon state income tax top rate is 9.9%.

Is Redwood, OR affordable?

Redwood is above average in cost of living, with an index of 117 — about 17% higher than the national average.

What is the weather like in Redwood?

Redwood has average high temperatures of 57.0°F and average lows of 40.9°F. Annual precipitation is 40.7". Data from NOAA 1991–2020 Climate Normals.

Redwood at a Glance

Population
3,150
Median Income
$73,135
Home Value
$381,000
Median Rent
$1,379/mo
Unemployment
9.6%
Avg High Temp
57.0°F
Sales Tax
0.0%
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🗺️ County data for Oregon

Explore county-level cost of living data

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