HomeWashingtonKing CountyRedmond
Redmond, Washington: commercial real estate data.
Redmond is a Census city of 77,353 people across 16.57 square miles of land, in King County. Median household income is $162,560, 43.2 percent of occupied homes are owned, and the SBA record carries 158 7(a) approvals to borrowers here worth $95.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Redmond
What Redmond is
- Census place typecity
- Land area16.57 sq mi
- Water area0.67 sq mi
- Population per square mile of land4,668
- County holding the largest share of its areaKing County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Redmond
How many people live in Redmond
- Population77,353
- Median age35.0
- Population under 1816,131
- Share under 1820.9 percent
- Population 65 and over8,025
- Share 65 and over10.4 percent
- Households33,100
- Family households19,454
- Share of households that are families58.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Redmond
Income and work in Redmond
- Median household income$162,560
- Per capita income$92,776
- Civilian labor force45,062
- Employed42,861
- Unemployed2,201
- Unemployment rate4.9 percent
- Adults 25 and over55,702
- Adults 25 and over with a high school diploma or higher97.4 percent
- Adults 25 and over with a bachelor degree or higher75.3 percent
- Adults 25 and over with a graduate degree38.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Redmond
Housing in Redmond
- Housing units35,104
- Occupied units33,100
- Vacant units2,004 plus or minus 473
- Vacancy rate5.7 percent plus or minus 1.3
- Owner occupied14,302
- Renter occupied18,798
- Ownership rate43.2 percent
- Median owner-occupied home value$1,167,800
- Median gross rent, monthly$2,409
- Annual rent as a share of median income17.8 percent
- Single family units15,452
- Share single family44.0 percent
- Units in buildings of two or more19,312
- Share in buildings of two or more55.0 percent
- Mobile homes325 plus or minus 135
- Median year structure built1993
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Redmond
How Redmond gets to work
- Workers 16 and over who commute26,003
- Commuting under 15 minutes7,479
- Share commuting under 15 minutes28.8 percent
- Commuting 30 minutes or more7,492
- Share commuting 30 minutes or more28.8 percent
- Drove alone45.7 percent
- Carpooled5.7 percent
- Public transport5.4 percent
- Walked2.8 percent plus or minus 0.7
- Worked from home38.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Redmond
SBA loans in Redmond (7(a))
- Approvals158
- Gross approval$95,735,600
- Average approval$605,922
- Median approval$252,050
- Ninetieth percentile approval$1,510,600
- Largest approval$5,000,000
- Jobs supported1,717
- Jobs per approval10.9
- Loans with a final outcome34
- Paid in full30
- Charged off4
- Charge-off rate over resolved loans11.8 percent
- Median term120 months
- Share on real estate terms of 20 years or more2.5 percent
- Share to franchises13.3 percent
- Distinct lenders38
- Distinct industries by NAICS85
Counted by borrower city: approvals to borrowers whose address is in Redmond, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Redmond
SBA loans in Redmond (504)
- Approvals26
- Gross approval$36,770,000
- Average approval$1,414,231
- Median approval$1,228,500
- Largest approval$4,617,000
- Jobs supported241
- Loans with a final outcome16
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Redmond, in any county, FY2010 to FY2026. Only 16 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Redmond
Flood risk in Redmond
- NFIP communityCity of Redmond
- NFIP community number530087
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date08/19/20
The City of Redmond participates in the National Flood Insurance Program as community 530087 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
King County, not Redmond
King County context, not Redmond figures
- Establishments in King County70,376
- Covered employment, King County1,449,785
- Average annual pay, King County$132,279
- Housing units permitted, King County10,564
Every figure in this section is published for King County as a whole and is not a measurement of Redmond.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Redmond questions, answered from the record.
How many people live in Redmond, Washington?
77,353, in 33,100 households. Redmond city covers 16.57 square miles of land, which is 4,668 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Redmond in?
King County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Redmond?
$162,560. The median owner-occupied home is valued at $1,167,800. Median gross rent is $2,409 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Redmond businesses?
158 7(a) approvals totaling $95.7 m since FY2020, across 38 lenders, median approval $252,050, plus 26 504 approvals worth $36.8 m since FY2010. These count approvals to borrowers whose address is in Redmond, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Redmond borrowers get paid back?
Of the 34 loans that have reached a final outcome, 30 were paid in full and 4 charged off, a charge off rate of 11.8 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Redmond in the National Flood Insurance Program?
Yes. Redmond appears in the FEMA Community Status Book as Redmond, city of, community 530087, carrying Community Rating System class 5, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Redmond figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for King County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Redmond.
Is zoning published for Redmond?
No. Nothing on this page presents parcel level zoning.
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