Redwood, New Zealand

Full City Profile

2.5 /5.0

C+ Fair

8,500 Population 5,380/sq mi density

49 ft Elevation 15 meters

54°F Avg Temperature 12°C

C+

Overall

2.5 / 5.0

Fair overall score based on economy, affordability, safety and education

Economy

3.0 / 5.0

$27,120 median income, 3.7% unemployment

Affordability

2.0 / 5.0

$223,600 home value, $1,118/mo rent

Redwood, New Zealand

At a Glance

Median Income

$27,120

64% below

$27,120 per capita

Home Value

$223,600

21% below

Median Rent

$1,118/mo

4% below

Unemployment

3.7%

3% above

Avg Temperature

54°F

283 sunny days/yr

Is Redwood a Good Place to Live?

C+

2.5 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Redwood residents earn a median household income of $27,120 , which is 64% below the national average of $75,149. Per capita income is $27,120. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). The area is home to 782 business establishments.

Housing & Cost of Living

The median home value in Redwood is $223,600 , 21% below the national median of $281,900. Median rent is $1,118/month.

Climate & Weather

Redwood has an average annual temperature of 54°F (12°C). Winters average 63°F in January while summers reach 45°F in July. The area gets 283 sunny days per year. Annual precipitation totals 34.2 inches.

Data Overview

People

Population8,500

Median Age40.4 yrs

Density5,380/mi²

Foreign Born17.2%

Economy

Median Income$27,120

Per Capita$27,120

Unemployment3.7%

Poverty

Avg Weekly Wage$522

Housing

Home Value$223,600

Rent$1,118

Ownership82.7%

Housing Units3,400

Climate

Avg Temp54°F

Sunny Days283/yr

Rain34.2 in/yr

Elevation49 ft

Did You Know?

17.2% of residents are foreign-born.