Los Angeles County · California · West · 69k residents
Redondo Beach, CA: economy, jobs & business costs
The site-selection read on Redondo Beach: 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 $1,656/wk. California's corporate income tax rate is 8.84%. Commercial electricity averages 25.5¢/kWh.
Compare Redondo Beach side by side
Avg. weekly wage
$1,656/wk
Corporate income tax
8.84%
Bachelor's degree or higher
67%
Commercial electricity
25.5¢/kWh
Economic momentum
How fast Redondo Beach's economy is moving, ranked against the US cities we track.
54/100
Steady
Ranks Redondo Beach'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 | $1,279,200 |
| Price per sq. ft. | $470 |
| Property tax rate | 0.75% |
| 1-bedroom rent | $2,286/mo |
| 2-bedroom rent | $2,669/mo |
| State & local income tax | 2.09% |
| Sales tax | 8.8% |
| Corporate income tax | 8.84% |
| Avg. weekly wage | $1,656/wk |
| Bachelor's degree or higher | 67% |
| Commercial electricity | 25.5¢/kWh |
| Businesses per 1k residents | 61.5/1k |
| Wage: Software developer | $160,920 |
| Wage: Registered nurse | $135,560 |
| Wage: General manager | $125,830 |
| Wage: Customer service | $48,840 |
| Wage: Warehouse worker | $38,650 |
| Wage: Heavy truck driver | $60,340 |
| Wage: Electrician | $73,810 |
| Wage: Retail salesperson | $37,700 |
| Cost of living index | 176 |
| 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 | $150,245 |
| Unemployment rate | 5.2% |
| Population | 69k |
| Crime index | 52/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 100/100 |
| Avg. commute | 29 min |
| Sunny days / year | 260 days |
| July high | 76°F |
| January low | 47°F |
| Annual snowfall | — |
| Home price YoY | +2.1% |
| Home price MoM | 0.0% |
| Rent YoY | +3.6% |
| Rent MoM | +0.3% |
| Employment (jobs) YoY | 0.0% |
| Building permits YoY | +23.4% |
| Ocean coast | 12 mi |
| Big lake | 235 mi |
| Mountains | 33 mi |
| Major airport | 8 mi |
| Ski resort | 52 mi |
Popular comparisons
Nearby
- Torrance, CA · 142k
- Hawthorne, CA · 85k
- Gardena, CA · 59k
- Carson, CA · 93k
- Inglewood, CA · 105k
Similar size
- Yuba City, CA · 69k
- Walnut Creek, CA · 70k
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- Camarillo, CA · 70k
- Eastvale, CA · 71k
Real listings in Redondo Beach
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Redondo Beach 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 $1,656/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 Redondo Beach, CA?
- Redondo Beach indexes at 176 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,669/mo and a acs median home value of $1,279,200.
- How much does a house cost in Redondo Beach?
- The acs median home value in Redondo Beach is $1,279,200 (Census ACS estimate; individual listings vary).
- How much is rent in Redondo Beach?
- A two-bedroom in Redondo Beach rents for about $2,669/mo.