
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.
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.
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.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
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.
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.
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 smaller city with a population of 3,419 residents. According to the most recent Census, 87% of Redwood residents are White, 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.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the area before actually living in Redwood, Texas. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like cost of living, commute, education, employment, 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.
Using data and statistics Redwood has received a livability score of 58 out of 100. This score is ranked in the 30th percentile when compared to all other cities. This score ranks well below the United States average. With such a low livability score, it might be worth investigating a little further. If we dig down a little deeper into each category within the livability score, we see that Redwood has higher than average rankings for the following: housing (A+). There are some categories that Redwood ranks poorly for, including: amenities (F), crime (D), education (F) and employment (D-). It might be worth taking a closer look to determine why.
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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Redwood is actually affordable. The median home price for Redwood homes is $176,471, which is 31.3% 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 2.5, which is 21.9% 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% |