Median Income
$69,132
household / year
Median Home Value
$145,300
owner-occupied
Median Rent
$1,075
gross / month
Cost of Living
94
national avg = 100

Is Redwood, TX a Good Place to Live?

Redwood is a small town of 3,423 in Texas, with a median household income of $69,132 and a 6.7% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Redwood stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Redwood is right for you depends on your priorities — the full breakdown is below.

All Redwood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 93.7

Redwood's overall cost of living index is 93.7, where 100 represents the US national average. Living in Redwood costs roughly 6% less than the average American city.

Metric Redwood, TX National Avg
Median Home Value $145,300 $244,900
Median Monthly Rent $1,075 $1,163
Homeownership Rate 75.8% 65.9%
Median Household Income $69,132 $74,755

Crime & Safety

Very Safe

Redwood's violent crime rate is 136.7 per 100,000 residents — 64% lower than the national average of ~380 per 100,000.

Violent Crime
136.7 /100k
Property Crime
806.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Redwood, TX National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 7.9% 35.4%
High School Diploma or Higher 66.0% 91.1%

Weather & Climate

Redwood sees average highs of 62.3°F in January and 95.7°F in July, with 36.3 inches of annual precipitation .

MetricRedwood, TX
Average High — January62.3°F
Average High — July95.7°F
Annual Precipitation36.3"
Annual SnowfallTrace / None

Demographics

MetricRedwood, TXNational Avg
Population3,423
Median Age40.238.9
Unemployment Rate6.7%3.7%
Avg Commute Time23.4 min26 min
White (non-Hispanic)67.6%59.3%
Black or African American2.1%13.6%
Hispanic or Latino29.7%18.9%
Asian0.0%6.3%
Under 1819.9%22.2%
65 and over11.2%16.8%

Nearby Cities

Redwood vs Other Cities

Frequently Asked Questions

Redwood's cost of living index is 94, where 100 is the national average. That makes Redwood roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $145,300 and median rent is $1,075/month.
Redwood's violent crime rate is 136.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 806.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Redwood, TX has a population of 3,423, a median household income of $69,132, and an unemployment rate of 6.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Redwood averages 62.3°F in January and 95.7°F in July. Annual rainfall is 36.3 inches . Based on NOAA 30-year climate normals (1991–2020).
The population of Redwood, Texas is 3,423 with a median age of 40.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Redwood: cost of living index 94 (100 = US average), median home $145,300, median household income $69,132, crime index 37 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Redwood side by side with your current city to see the trade-offs.