Redwood, MS
Population 264 · Mississippi
About Redwood, MS
Redwood is a small community located in Mississippi with a population of 264 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,796 per year, which is 30% below the national median of $75,149. The median age of 30.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Redwood features a median home value of $0, which is 100% below the national median of $244,900. This makes Redwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 81 total housing units, 56% are owner-occupied (45 units) and 44% are renter-occupied (36 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Redwood shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Redwood have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
13.3% of Redwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Redwood, MS
Compared to national averages, Redwood has a median household income of $52,796 (30% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Mississippi, Redwood's income is 6% above the state average of $49,929, and home values are 100% below the state median of $125,705.
Why Live in Redwood, MS?
Redwood offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($52,796) that falls below the national average. However, Redwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Redwood has a population of 264 with a median age of 30.8 years. Compare Redwood with other cities to see how it stacks up, or explore all cities in Mississippi.
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Cities in Mississippi with a similar population size.
Demographics
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Economy & Education
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Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Redwood
What is the population of Redwood, MS?
The population of Redwood, MS is 264 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in Redwood?
The median household income in Redwood, MS is $52,796 per year, which is 30% below the national median of $75,149.
What is the median home value in Redwood?
The median home value in Redwood, MS is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Redwood?
The median monthly rent in Redwood, MS is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Redwood?
The unemployment rate in Redwood, MS is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Redwood, MS a good place to live?
Redwood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 264 and a median age of 30.8, the city appeals to young professionals and families.
How educated is Redwood, MS?
13.3% of residents in Redwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Redwood?
Key cost-of-living indicators for Redwood, MS: median home value is $0 (100% below national), median rent is $0/month, and median household income is $52,796. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Redwood?
The poverty rate in Redwood, MS is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Redwood, MS?
Redwood's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.