Shasta County · California · West · 93k residents
Redding, CA: economy, jobs & business costs
The site-selection read on Redding: labor costs, talent, corporate tax, energy, and business activity, with the California median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,178/wk. California's corporate income tax rate is 8.84%. Commercial electricity averages 25.5¢/kWh.
Compare Redding side by side
Avg. weekly wage
$1,178/wk
Corporate income tax
8.84%
Bachelor's degree or higher
26.9%
Commercial electricity
25.5¢/kWh
Economic momentum
How fast Redding's economy is moving, ranked against the US cities we track.
88/100
Heating
Ranks Redding's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $382,300 |
| Price per sq. ft. | $470 |
| Property tax rate | 0.75% |
| 1-bedroom rent | $998/mo |
| 2-bedroom rent | $1,309/mo |
| State & local income tax | 2.09% |
| Sales tax | 8.8% |
| Corporate income tax | 8.84% |
| Avg. weekly wage | $1,178/wk |
| Bachelor's degree or higher | 26.9% |
| Commercial electricity | 25.5¢/kWh |
| Businesses per 1k residents | 50.0/1k |
| Wage: Software developer | $129,230 |
| Wage: Registered nurse | $134,350 |
| Wage: General manager | $98,510 |
| Wage: Customer service | $47,890 |
| Wage: Warehouse worker | $38,250 |
| Wage: Heavy truck driver | $57,350 |
| Wage: Electrician | $69,540 |
| Wage: Retail salesperson | $36,450 |
| Cost of living index | 107 |
| Groceries index | 112 |
| Utilities | $245/mo |
| Transit pass | $90/mo |
| Gas price | $4.80/gal |
| Healthcare index | 108 |
| Childcare (per child) | $1,450/mo |
| Median household income | $70,466 |
| Unemployment rate | 5.2% |
| Population | 93k |
| Crime index | 52/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 93/100 |
| Avg. commute | 29 min |
| Sunny days / year | 260 days |
| July high | 100°F |
| January low | 38°F |
| Annual snowfall | 3 in |
| Home price YoY | -1.1% |
| Home price MoM | -0.1% |
| Rent YoY | +3.1% |
| Rent MoM | -0.3% |
| Employment (jobs) YoY | +2.3% |
| Building permits YoY | +58.5% |
| Ocean coast | 93 mi |
| Big lake | 12 mi |
| Mountains | 38 mi |
| Major airport | 127 mi |
| Ski resort | 141 mi |
Popular comparisons
Nearby
- Chico, CA · 102k
- Yuba City, CA · 69k
- Lincoln, CA · 53k
- Woodland, CA · 62k
- Rocklin, CA · 73k
Similar size
- Carson, CA · 93k
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Real listings in Redding
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Redding a good place to run a business?
- California's corporate income tax rate is 8.84%; average weekly wages in the surrounding labor market run $1,178/wk; commercial electricity averages 25.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Redding, CA?
- Redding indexes at 107 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,309/mo and a acs median home value of $382,300.
- How much does a house cost in Redding?
- The acs median home value in Redding is $382,300 (Census ACS estimate; individual listings vary).
- How much is rent in Redding?
- A two-bedroom in Redding rents for about $1,309/mo.