Redwood City is a city in California state in USA with a population of 84518 residents.. The poverty rate of Redwood City is 7.6%, which is 46% lower than national average. The typical household in Redwood City earns $123294 a year, compared to the national median of $67,500. Nearly 20.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Redwood City, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Redwood City remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Redwood City, only 52% of adults have a bachelor's degree and 20% have some college but no degree.

Cost of living in Redwood City is 212, which is 112% higher than national average. Median home value in Redwood City is $1424200 , which is 520% higher than national average. While median income in Redwood City remained $123294, which is 83% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.