Redmond, Oregon Income Statistics
Redmond Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Redmond Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Redmond | Oregon Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,769 | $83,617 | $80,455 |
| Median Personal Income | $48,490 | $63,212 | $60,758 |
| Average Yearly Income Growth | 9.8% | 5.7% | 4.8% |
| Six-Figure Earners | 8.5% | 14.2% | 13.9% |
| $200k+ Households | 7.2% | 12.7% | 13.2% |
The median household income in Redmond is about 1% lower than in Oregon. Income has been growing faster in Redmond (9.8%/yr) than in Oregon (5.7%/yr).
About 9% of adults in Redmond earn six figures ($100,000 or more) a year, lower than the Oregon average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Redmond, Oregon grew by 102.2% from 2009 to 2024, reaching $82,769 in 2024. That's an average of about 9.8% per year.
Income Inequality and the Gender Pay Gap in Redmond
| Metric | Redmond | Oregon Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.491 | 0.538 | 0.552 |
| Male Median Income | $65,659 | $71,900 | $69,667 |
| Female Median Income | $50,012 | $60,417 | $56,850 |
| Gender Pay Gap | 23.8% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Redmond, it is 0.491, lower than Oregon's 0.538, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 31% more than women's income in Redmond, Oregon. Over a 35-year career, a 31% wage gap accumulates to roughly $547,645 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Redmond, Oregon has widened from about 16% to 24% in 2024. Over that period the gap was widest at 29% in 2023, and was narrowest at 1% in 2017. In dollar terms, the gap has widened by $9,991 since 2009.
Sharply against the trend: the pay gap in Redmond widened by 7.8 points while Oregon's narrowed by 7.1 points.
Employment
| Metric | Redmond | Oregon Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 5.3% | 5.2% |
| Working from Home | 13.7% | 19.0% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 627 people are unemployed in Redmond, Oregon.
The average commute time in Redmond is 20 minutes, about the same as in Oregon.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Redmond, Oregon has fallen from 17.5% to 4.9% in 2024. Over that period the rate peaked at 20.0% in 2013.
Conclusion
Considering all these factors, Redmond, Oregon has an overall wealth index grade of C, making it about on par with Oregon, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Redmond, Oregon.
How Rich Is Redmond, Oregon?
Redmond has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $82,769, about 1% lower than the Oregon average of $83,617.
Are incomes growing in Redmond, Oregon?
Between 2009 and 2024, the median household income in Redmond, Oregon rose 102%, from $40,932 to $82,769. Over the same years, income here outpaced Oregon as a whole: +102% against +71%.
What was the median household income in Redmond in 2023?
In 2023, the median household income in Redmond, Oregon was $79,628, up 4% from $76,241 in 2022. The Oregon median that year was $80,917.
What was the median household income in Redmond in 2020?
In 2020, the median household income in Redmond, Oregon was $63,293. By 2024 it had risen 31% to $82,769.
What is the Gini coefficient in Redmond, Oregon?
The Gini coefficient in Redmond is 0.491. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Redmond, Oregon?
Since 2009, the income gap between men and women in Redmond, Oregon has widened from about 16% to 24% in 2024. Over that period the gap was widest at 29% in 2023, and was narrowest at 1% in 2017. In dollar terms, the gap has widened by $9,991 since 2009.
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