Redmond, WA
Population 75,721 · Washington
About Redmond, WA
Redmond is a mid-sized city located in Washington with a population of 75,721 residents according to the latest US Census Bureau American Community Survey data. The median household income is $162,099 per year, which is 116% above the national median of $75,149. The median age of 35 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 Redmond features a median home value of $1,091,700, which is 346% above the national median of $244,900. This places Redmond in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,343, 101% above the national average of $1,163/month. Of the 33,884 total housing units, 45% are owner-occupied (14,457 units) and 55% are renter-occupied (17,540 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Redmond shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Redmond have an average one-way commute time of 23.2 minutes.
Education & Demographics
74.7% of Redmond residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.8% White, 1.4% Hispanic or Latino, 0.2% Black or African American, and 1.7% Asian residents, with 44.4% of the population being foreign-born.
How Redmond Ranks in Washington
Cost of Living in Redmond, WA
Compared to national averages, Redmond has a median household income of $162,099 (116% above the national median of $75,149). Home values average $1,091,700, which is 346% above the national median. Monthly rent at $2,343 is 101% above the US average of $1,163. Within Washington, Redmond's income is 79% above the state average of $90,795, and home values are 137% above the state median of $460,491.
Why Live in Redmond, WA?
Redmond offers a strong local economy with a median household income of $162,099, well above the national average, and a well-educated community where 74.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.8%, better than the national average. Additionally, the city features short commute times averaging just 23.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,091,700. However, as a mid-sized city, Redmond provides access to a wide range of amenities and services.
Redmond has a population of 75,721 with a median age of 35 years. Compare Redmond with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Redmond
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pasco | 78,446 | $81,130 | $344,700 | Compare |
| Marysville | 71,570 | $100,362 | $521,500 | Compare |
| South Hill | 68,161 | $109,235 | $493,800 | Compare |
| Kennewick | 84,389 | $72,867 | $343,600 | Compare |
| Sammamish | 66,375 | $227,273 | $1,240,300 | Compare |
| Auburn | 85,455 | $95,367 | $510,400 | Compare |
| Lakewood | 63,034 | $70,524 | $420,500 | Compare |
| Richland | 61,912 | $92,550 | $401,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Redmond With Other Cities
Frequently Asked Questions about Redmond
What is the population of Redmond, WA?
The population of Redmond, WA is 75,721 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Washington.
What is the median household income in Redmond?
The median household income in Redmond, WA is $162,099 per year, which is 116% above the national median of $75,149.
What is the median home value in Redmond?
The median home value in Redmond, WA is $1,091,700, which is 346% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Redmond?
The median monthly rent in Redmond, WA is $2,343, which is 101% above the national average of $1,163/month.
What is the unemployment rate in Redmond?
The unemployment rate in Redmond, WA is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Redmond, WA a good place to live?
Redmond offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 75,721 and a median age of 35, the city appeals to a broad range of residents.
How educated is Redmond, WA?
74.7% of residents in Redmond aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Redmond?
Key cost-of-living indicators for Redmond, WA: median home value is $1,091,700 (346% above national), median rent is $2,343/month, and median household income is $162,099. The home-value-to-income ratio is 6.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Redmond?
The poverty rate in Redmond, WA is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Redmond, WA?
Redmond's population is 4.8% White, 1.4% Hispanic or Latino, 0.2% Black or African American, 1.7% Asian, and 2.1% two or more races. 44.4% of residents are foreign-born.