Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Located in the state of Texas, Redwood is a small city with a population of 3,349 inhabitants. At 87%, the majority of the Redwood population is White; this is followed by 1% Black and 0% Asian. Additionally, more than a quarter of the population of Redwood are of Hispanic or Latino origin, and 60% of the population also speak Spanish. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Redwood, your commute times will be about average, with a one way commute time of 25 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Redwood could be a positive experience compared to other cities in Texas if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like crime, cost of living, health & safety, education, you can easily compare the best places to live in Redwood and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Redwood to Texas and the national average.
The livability score in Redwood is 58/100 and the city is ranked in the 31st percentile of all cities across America. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Redwood may not be a pleasant experience. Based on the rankings for each individual category, Redwood has received high marks for housing (A+). There is at least one category that does not have great scores in Redwood. The following was graded with a concerning score: amenities (F), education (F) and employment (F).
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Redwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Redwood real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Redwood. The median home price for Redwood homes is $97,300, which is 31.8% lower than the Texas average. If we take a closer look at the affordability of homes in Redwood, we’ll see that the home price to income ratio is 2.1, which is 19.2% lower than the Texas average.
| Statistic | Redwood | Texas | National |
| Average one way commute | 25min | 26min | 26min |
| Workers who drive to work | 91.4% | 80.3% | 76.4% |
| Workers who carpool | 8.0% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 1.6% | 2.8% |
| Working from home | 0.0% | 4.3% | 4.6% |
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