?WhereToHQ

Deschutes County · Oregon · West · 36k residents

Redmond, OR: economy, jobs & business costs

The site-selection read on Redmond: labor costs, talent, corporate tax, energy, and business activity, with the Oregon 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 $1,333/wk. Oregon's corporate income tax rate is 7.6%. Commercial electricity averages 10.1¢/kWh.

Compare Redmond side by side

Avg. weekly wage

$1,333/wk

≈ US median

Corporate income tax

7.6%

lower than 36% of US cities

Bachelor's degree or higher

30.3%

0.7% vs state median≈ US median

Commercial electricity

10.1¢/kWh

cheaper than 83% of US cities

Economic momentum

How fast Redmond's economy is moving, ranked against the US cities we track.

32/100

Cooling

Residential permits: -28.4% (bottom 30%)Jobs: -0.1% (bottom 34%)
Momentum slowing · 32 over 4 yr

Ranks Redmond'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.

All facets · Redmond
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Real listings in Redmond

LoopNetCrexiCommercialCafe

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
Is Redmond a good place to run a business?
Oregon's corporate income tax rate is 7.6%; average weekly wages in the surrounding labor market run $1,333/wk; commercial electricity averages 10.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
What is the cost of living in Redmond, OR?
Redmond indexes at 111 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,570/mo and a acs median home value of $462,500.
How much does a house cost in Redmond?
The acs median home value in Redmond is $462,500 (Census ACS estimate; individual listings vary).
How much is rent in Redmond?
A two-bedroom in Redmond rents for about $1,570/mo.