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Moving to Redwood City?

Redwood_City_western_signLocated close to San Francisco in California, Redwood City is an option for those who want to live near the larger urban area without actually living in it. The population of Redwood City is currently just over 77,000 and there has been a small increase in population since 2000, some of which can be accounted for by others choosing to relocate to Redwood City.

The average cost of a home in Redwood City is high at more than $919,000. Prices here have risen by more than 22% in the last year; therefore, if you want to purchase a home here you need to make sure that you have the necessary budget. Another downside is that the cost of living here is considerably higher than the national average – a staggering 149.9% higher. This means that Redwood City attracts the wealthy and those who have the income to support the cost of living here.

There are a number of advantages to moving to Redwood City. The average spend in the public schools per student is far higher than the national average and there is a reasonable student/teacher ratio.

Another advantage is that there is a much lower unemployment rate here than in most of the country ‒ just 4.2% as opposed to the national average of 6.3%. The number of jobs here has increased a little and there is no reason to think that this is going to change.

 

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