HomeWashingtonKing CountyRedmond city
Redmond city, Washington: commercial real estate data.
Redmond city 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.
78 sourced place values · tier FULL · 8 sections
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 7(a) lending to Redmond borrowers
- Approvals158
- Gross approval$95,735,600
- Average approval$605,922
- Median approval$253,000
- Ninetieth percentile approval$1,722,000
- 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
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Redmond
SBA 504 lending to Redmond borrowers
- Approvals26
- Gross approval$36,770,000
- Average approval$1,414,231
- Median approval$1,287,000
- Largest approval$4,617,000
- Jobs supported241
- Loans with a final outcome16
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
King County, not Redmond
King County context, not Redmond figures
These are King County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Redmond measurements.
- Establishments in King County70,376
- Employment at those establishments, King County1,305,947
- Covered employment, King County1,449,785
- Average annual pay, King County$132,279
- Average weekly wage, King County$2,544
- Housing units permitted, King County10,564
- Of those, single family, King County2,352
- County product, 2024, King County$477,154,354,000
- County product change over the prior year, King County7.9 percent
- Average income of an arriving household, King County$117,917
Every figure in this section is published for King County as a whole and is not a measurement of Redmond. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $95.7 m, across 38 lenders, median approval $253,000, plus 26 504 approvals worth $36.8 m. 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.
Are the county figures on this page Redmond figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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