Redwood, OR
Population 3,150 · Oregon
About Redwood, OR
Redwood is a small town located in Oregon with a population of 3,150 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,135 per year, which is 3% below the national median of $75,149. The median age of 49.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Redwood features a median home value of $381,000, which is 56% above the national median of $244,900. This places Redwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,379, 19% above the national average of $1,163/month. Of the 1,029 total housing units, 76% are owner-occupied (776 units) and 24% are renter-occupied (244 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Redwood shows an unemployment rate of 9.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Redwood have an average one-way commute time of 22.5 minutes.
Education & Demographics
24.1% of Redwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 9.5% White, 5.1% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 3.1% of the population being foreign-born.
Cost of Living in Redwood, OR
Compared to national averages, Redwood has a median household income of $73,135 (3% below the national median of $75,149). Home values average $381,000, which is 56% above the national median. Monthly rent at $1,379 is 19% above the US average of $1,163. Within Oregon, Redwood's income is 4% below the state average of $76,196, and home values are 0% below the state median of $382,095.
Why Live in Redwood, OR?
Redwood offers a low poverty rate of 12.0%, better than the national average, and short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($73,135) that falls below the national average, and a competitive housing market where the typical home costs $381,000. However, Redwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Redwood has a population of 3,150 with a median age of 49.7 years. Compare Redwood with other cities to see how it stacks up, or explore all cities in Oregon.
Similar Cities Near Redwood
Cities in Oregon with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Juniper Canyon | 3,133 | $95,554 | $389,200 | Compare |
| Turner | 3,107 | $99,545 | $473,800 | Compare |
| Oakridge | 3,197 | $35,437 | $231,500 | Compare |
| Millersburg | 3,096 | $124,101 | $498,700 | Compare |
| Dundee | 3,215 | $100,208 | $482,300 | Compare |
| Shady Cove | 3,083 | $45,750 | $248,800 | Compare |
| Nyssa | 3,220 | $51,944 | $172,700 | Compare |
| Lakeview | 3,043 | $70,436 | $198,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oregon
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Redwood With Other Cities
Frequently Asked Questions about Redwood
What is the population of Redwood, OR?
The population of Redwood, OR is 3,150 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Oregon.
What is the median household income in Redwood?
The median household income in Redwood, OR is $73,135 per year, which is 3% below the national median of $75,149.
What is the median home value in Redwood?
The median home value in Redwood, OR is $381,000, which is 56% above 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, OR is $1,379, which is 19% above the national average of $1,163/month.
What is the unemployment rate in Redwood?
The unemployment rate in Redwood, OR is 9.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Redwood, OR a good place to live?
Redwood offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 3,150 and a median age of 49.7, the city appeals to established professionals and retirees.
How educated is Redwood, OR?
24.1% 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, OR: median home value is $381,000 (56% above national), median rent is $1,379/month, and median household income is $73,135. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Redwood?
The poverty rate in Redwood, OR is 12.0%, 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, OR?
Redwood's population is 9.5% White, 5.1% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 0.9% two or more races. 3.1% of residents are foreign-born.