Redwood
Redwood has notably lower household income than the US average, with a median household income of $46,400. Population has held roughly steady since 2000. 7% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $97,300. At a median age of 32.4, residents skew younger than the country as a whole. Households here earn about 27% less than the Texas median.
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How many people live in Redwood, Texas?
Redwood, Texas has about 4,003 residents according to the 2020 American Community Survey.
What is the median household income in Redwood, Texas?
The typical household in Redwood, Texas earns about $46,400 a year. Half of households make more than that, and half make less.
Is Redwood, Texas expensive?
In Redwood, Texas, the median home is worth about $97,300, and the typical rent is about $927 a month.
How educated are people in Redwood, Texas?
About 7.4% of adults age 25 and over in Redwood, Texas hold a bachelor's degree or higher.
What is the poverty rate in Redwood, Texas?
About 14.1% of people in Redwood, Texas live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024