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Redway

Learn about the people, housing, costs and businesses in Redway, California

Median Home$470,400
Median Rent$672/month
Population866
Leading IndustriesTransportation · Construction · Agriculture & Mining7% transportation
Home Value Growth+3.3% over 2 years
Retirees23% of residentsslightly above average
Renters56% of occupied units
NotableTransit83/100 · excellent transit access
Redway
CA

Frequently Asked Questions

What are today's mortgage rates in Redway?

As of today, the 30-year fixed mortgage rate for Redway is approximately 6.903% (6.939% 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 Redway?

The median home value in Redway is $470k. The median monthly rent is $672. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Redway?

Home values in Redway have increased 3.3% over the past two years. This represents moderate growth. 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 Redway?

Based on a typical all-in ownership cost of $665/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Redway is $25k/year.

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What industries drive the economy in Redway?

The largest employment sectors in Redway are agriculture and mining (17%) and construction (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.