Cost of Living | Redmond Economic Development Inc.
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Redmond offers business owners and residents an affordable cost of living (largely in housing cost compared to other urban cities and metros) with no sales tax burden, minimal commutes, an optimal outdoor environment with excellent healthcare and schools.

Fast Facts

  • Income Tax 5% - 9.9%, depending on one of four tax brackets
  • Median home price $500,000 (Dec. 2022)
  • Sales Tax 0.00%
  • Property Tax $19.1581/ 1000 of Market Value
  • Average one-way commute = 21 minutes
  • 311 Physicians per 100,000 population (2020)
  • Air quality is 67 (US Average is 58) on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA Testing for ozone levels and pollutant particles is done to reach the placement on the scale. As stated in Area Vibes, the air quality index in Redmond is 29% better than the national average. As a comparison, the average index value for Los Angeles is 15.
  • Another area of interest is clean water. Water quality is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators. Water quality refers to the chemical, physical, biological, and radiological characteristics of water. Comparing, the U.S. average for water quality is 55. Portland is behind us at 52 (below the national average) and Chicago IL is only 31.Redmond enjoys both clean air and great water quality. In many manufacturing applications, this is a key factor in locating, expanding, or starting up in Redmond.