Redmond is a city in Washington state in USA with a population of 67959 residents.. The poverty rate of Redmond is 5.8%, which is 59% lower than national average. The typical household in Redmond earns $132770 a year, compared to the national median of $67,500. Nearly 16.3% 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 Redmond, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Redmond remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Redmond, only 72% of adults have a bachelor's degree and 18% have some college but no degree.

Cost of living in Redmond is 166, which is 66% higher than national average. Median home value in Redmond is $788500 , which is 243% higher than national average. While median income in Redmond remained $132770, which is 97% 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.