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Useful Statistics for businesses looking for office space in Redmond
  Redmond WA State
2016 Estimated Population 59,268 7,073,146
Median Age 34.4 37.6
Housing Units 25,344 2,966,814
Occupied 23,756 2,696,606
Owned 12,241 1,683,381
Rented 11,515 1,013,225
Average Household Size 2.48 2.57
Rental Vacancy Rate 3% 4.1%
Homeowner Vacancy Rate 1% 1.6%
Median Home Value $525,000 $269,300
Median Monthly Rental Cost $1,617 $1,056
Estimated Mean Income $149,112 $98,185
Median Household Income $107,341 $62,848
Percent of Individuals below poverty level 6.5% 12.7%
Educational Attainment: Percent high school graduate or higher 96.1% 90.6%
Educational Attainment: Percent high school graduate 8% 22.9%
Educational Attainment: Percent with some College 14% 24.3%
Educational Attainment: Percent bachelor degree or higher 66.8% 33.6%
Average Commute time in minutes 21.8 26.7
Commute 31,377 3,305,438
Commute by car, truck or other vehicle - Drive Alone 21,319 2,390,182
Commute by car, truck or other vehicle - Carpool 3,539 337,510
Use Public Transportation 3,233 204,595
Work from Home 1,605 184,206
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