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Redlands

Learn about the people, housing, costs and businesses in Redlands, Colorado

Median Home$522,648
Median Rent$1,595/month
Population8,730
Leading IndustriesPublic Administration · Manufacturing · Arts, Food & Hospitality33% public administration
Home Value Growth⬆⬆+18.6% over 2 years
Retirees27% of residentsabove average nationally
Homeowners91% of occupied units
NotableHigh Incomes$111k/year · top 12% nationally
NotableHighly Educated27% bachelor's · 13% graduate · top 14% nationally
Redlands
CO

Frequently Asked Questions

What are today's mortgage rates in Redlands?

As of today, the 30-year fixed mortgage rate for Redlands is approximately 6.849% (6.883% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Redlands?

The median home value in Redlands is $523k. The median monthly rent is $1,595. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Redlands?

Home values in Redlands have increased 18.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Redlands?

Based on a typical all-in ownership cost of $1,389/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Redlands is $111k/year.

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What industries drive the economy in Redlands?

The largest employment sectors in Redlands are public administration (33%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.