The median household income in Redwood, TX in 2022 was $68,283, which was 5.9% less than the median annual income of $72,284 across the entire state of Texas. Compared to the median income of $30,132 in 2000 this represents an increase of 55.9%. The per capita income in 2022 was $25,908, which means an increase of 67.1% compared to 2000 when it was $8,525.
Whole page based on the data from 2000 / 2022 when the population of Redwood, Texas was 3,586 / 3,599
Income statistics for all residents
Median household income in Redwood, TX in 2022:
Redwood:
$68,284
State:
$72,284
Change in median household income between 2000 and 2022:
Redwood, Texas:
+126.6%
Texas:
+81.0%
Number of households with income < $10k:
Redwood:
4.2% (47)
State:
5.5% (611,011)
Number of households with income $10k - 20k:
Redwood:
2.6% (29)
Texas:
6.7% (743,157)
Number of households with income $20k - 30k:
Redwood:
1.4% (15)
State:
7.2% (803,381)
Number of households with income $30k - 40k:
Redwood:
4.0% (44)
State:
7.8% (866,080)
Number of households with income $40k - 50k:
Redwood:
19.4% (215)
State:
7.3% (810,440)
Number of households with income $50k - 60k:
Redwood:
9.0% (100)
State:
7.2% (799,783)
Number of households with income $60k - 75k:
Redwood:
10.9% (121)
Texas:
9.9% (1,095,384)
Number of households with income $75k - 100k:
Redwood:
33.5% (371)
State:
12.8% (1,419,057)
Number of households with income $100k - 125k:
Redwood:
1.4% (15)
Texas:
9.5% (1,054,577)
Number of households with income $125k - 150k:
Redwood:
8.2% (91)
Texas:
6.7% (741,518)
Number of households with income $150k - 200k:
Redwood:
2.2% (24)
State:
8.7% (961,776)
Number of households with income > $200k:
Redwood:
3.3% (37)
State:
10.7% (1,181,544)
Aggregate household income in Redwood in 2022: $86,576,546
Median family income in Redwood in 2022:
Redwood:
$75,052
State:
$86,267
Number of families with income < $10k:
Redwood:
4.6% (38)
State:
4.0% (297,884)
Number of families with income $20k - 30k:
Redwood:
2.2% (18)
State:
5.8% (430,949)
Number of families with income $30k - 40k:
Redwood:
3.5% (28)
State:
6.6% (493,535)
Number of families with income $40k - 50k:
Redwood:
22.7% (185)
State:
6.7% (499,663)
Number of families with income $50k - 60k:
Redwood:
5.7% (46)
State:
6.6% (492,203)
Number of families with income $60k - 75k:
Redwood:
7.6% (62)
State:
9.5% (710,229)
Number of families with income $75k - 100k:
Redwood:
39.3% (321)
State:
13.6% (1,015,480)
Number of families with income $100k - 125k:
Redwood:
1.7% (14)
Texas:
10.7% (797,961)
Number of families with income $125k - 150k:
Redwood:
9.7% (79)
Texas:
8.1% (602,985)
Number of families with income $150k - 200k:
Redwood:
3.1% (25)
State:
10.7% (804,459)
Median non-family income in Redwood in 2022:
Redwood:
$56,970
State:
$45,999
Median per capita income in Redwood in 2022:
Redwood:
$25,909
Texas:
$38,123
Income statistics for White residents
Median household income in Redwood, TX in 2022:
Redwood:
$69,748
Texas:
$82,032
Change in median household income between 2000 and 2022:
Redwood, Texas:
+115.6%
Texas:
+91.0%
Number of households with income < $10k:
Redwood:
0.0% (0)
State:
4.7% (273,716)
Number of households with income $10k - 20k:
Redwood:
2.0% (12)
Texas:
5.5% (322,702)
Number of households with income $20k - 30k:
Redwood:
0.0% (0)
Texas:
6.2% (363,947)
Number of households with income $30k - 40k:
Redwood:
7.0% (42)
State:
6.8% (399,275)
Number of households with income $40k - 50k:
Redwood:
20.5% (123)
State:
6.5% (383,417)
Number of households with income $50k - 60k:
Redwood:
11.4% (68)
State:
6.6% (388,535)
Number of households with income $60k - 75k:
Redwood:
7.7% (46)
State:
9.7% (566,295)
Number of households with income $75k - 100k:
Redwood:
34.7% (208)
State:
13.0% (760,276)
Number of households with income $100k - 125k:
Redwood:
2.0% (12)
State:
10.2% (597,596)
Number of households with income $125k - 150k:
Redwood:
8.5% (51)
Texas:
7.4% (436,830)
Number of households with income $150k - 200k:
Redwood:
0.0% (0)
State:
9.9% (583,067)
Number of households with income > $200k:
Redwood:
6.2% (37)
Texas:
13.5% (792,647)
Aggregate household income in Redwood in 2022: $52,710,656
Median family income in Redwood in 2022:
Redwood:
$77,068
Texas:
$101,788
Number of families with income $20k - 30k:
Redwood:
3.2% (15)
State:
4.1% (157,688)
Number of families with income $30k - 40k:
Redwood:
4.2% (19)
Texas:
5.2% (198,847)
Number of families with income $40k - 50k:
Redwood:
32.0% (146)
Texas:
5.6% (216,490)
Number of families with income $50k - 60k:
Redwood:
3.4% (15)
State:
5.7% (220,689)
Number of families with income $60k - 75k:
Redwood:
3.0% (14)
State:
9.0% (346,106)
Number of families with income $75k - 100k:
Redwood:
41.5% (189)
State:
13.7% (527,363)
Number of families with income $100k - 125k:
Redwood:
2.7% (12)
Texas:
11.6% (448,411)
Number of families with income $125k - 150k:
Redwood:
10.0% (46)
State:
9.2% (355,798)
Median non-family income in Redwood in 2022:
Redwood:
$65,617
Texas:
$50,587
Median per capita income in Redwood in 2022:
Redwood:
$26,698
State:
$47,740
Income statistics for Black or African American residents
Median per capita income in Redwood in 2022:
Redwood:
$42,067
Texas:
$30,490
Change in median per capita income between 2000 and 2022:
Redwood, Texas:
+83.4%
Texas:
+113.9%
Income statistics for Hispanic or Latino residents
Median household income in Redwood, TX in 2022:
Redwood:
$63,807
Texas:
$60,504
Change in median household income between 2000 and 2022:
Redwood, Texas:
+118.2%
State:
+102.5%
Number of households with income < $10k:
Redwood:
5.0% (53)
State:
5.8% (213,953)
Number of households with income $10k - 20k:
Redwood:
2.4% (26)
State:
8.0% (297,456)
Number of households with income $20k - 30k:
Redwood:
1.3% (14)
State:
9.2% (340,166)
Number of households with income $30k - 40k:
Redwood:
6.3% (67)
State:
9.5% (354,336)
Number of households with income $40k - 50k:
Redwood:
13.0% (139)
State:
8.8% (327,013)
Number of households with income $50k - 60k:
Redwood:
10.0% (107)
Texas:
8.3% (308,818)
Number of households with income $60k - 75k:
Redwood:
13.1% (140)
State:
10.9% (405,109)
Number of households with income $75k - 100k:
Redwood:
37.6% (401)
State:
13.8% (511,639)
Number of households with income $100k - 125k:
Redwood:
0.0% (0)
State:
8.6% (319,728)
Number of households with income $125k - 150k:
Redwood:
9.2% (98)
Texas:
5.7% (210,932)
Number of households with income $150k - 200k:
Redwood:
2.1% (22)
State:
6.4% (236,055)
Number of households with income > $200k:
Redwood:
0.0% (0)
State:
5.1% (189,259)
Aggregate household income in Redwood in 2022: $71,564,938
Median family income in Redwood in 2022:
Redwood:
$74,427
State:
$65,080
Number of families with income < $10k:
Redwood:
4.5% (37)
State:
5.3% (147,493)
Number of families with income $20k - 30k:
Redwood:
4.1% (33)
State:
8.6% (238,528)
Number of families with income $30k - 40k:
Redwood:
3.1% (25)
State:
9.1% (251,999)
Number of families with income $40k - 50k:
Redwood:
15.9% (130)
State:
8.6% (240,188)
Number of families with income $50k - 60k:
Redwood:
7.0% (57)
Texas:
8.0% (223,566)
Number of families with income $60k - 75k:
Redwood:
7.3% (60)
Texas:
10.9% (302,688)
Number of families with income $75k - 100k:
Redwood:
44.8% (365)
Texas:
14.3% (398,554)
Number of families with income $125k - 150k:
Redwood:
10.7% (87)
State:
6.2% (171,274)
Number of families with income $150k - 200k:
Redwood:
2.7% (22)
Texas:
7.3% (202,259)
Median non-family income in Redwood in 2022:
Redwood:
$37,730
Texas:
$39,934
Change in median non-family income between 2000 and 2022:
Redwood, Texas:
+149.9%
State:
+109.1%
Median per capita income in Redwood in 2022:
Redwood:
$24,193
State:
$24,862
Income statistics for American Indian and Alaska Native residents
Median per capita income in Redwood in 2022:
Redwood:
$31,183
Texas:
$28,166
Income statistics for Multirace residents
Median household income in Redwood, TX in 2022:
Redwood:
$65,633
Texas:
$62,748
Number of households with income < $10k:
Redwood:
14.2% (42)
Texas:
5.5% (122,324)
Number of households with income $10k - 20k:
Redwood:
0.0% (0)
State:
8.2% (182,232)
Number of households with income $20k - 30k:
Redwood:
9.5% (28)
State:
8.5% (189,456)
Number of households with income $30k - 40k:
Redwood:
0.0% (0)
State:
8.9% (197,499)
Number of households with income $40k - 50k:
Redwood:
26.0% (77)
State:
8.7% (191,735)
Number of households with income $50k - 60k:
Redwood:
0.0% (0)
State:
8.0% (177,535)
Number of households with income $60k - 75k:
Redwood:
26.0% (77)
Texas:
10.5% (232,479)
Number of households with income $75k - 100k:
Redwood:
24.3% (72)
Texas:
13.1% (290,448)
Number of households with income $100k - 125k:
Redwood:
0.0% (0)
Texas:
8.6% (191,595)
Number of households with income $125k - 150k:
Redwood:
0.0% (0)
State:
6.0% (133,361)
Number of households with income $150k - 200k:
Redwood:
0.0% (0)
State:
7.2% (159,195)
Number of households with income > $200k:
Redwood:
0.0% (0)
Texas:
6.7% (148,064)
Aggregate household income in Redwood in 2022: $15,112,485
Median family income in Redwood in 2022:
Redwood:
$66,366
Texas:
$69,780
Number of families with income < $10k:
Redwood:
22.3% (43)
Texas:
4.4% (70,825)
Number of families with income $40k - 50k:
Redwood:
11.3% (22)
Texas:
8.4% (135,809)
Number of families with income $60k - 75k:
Redwood:
28.8% (56)
State:
10.5% (169,549)
Number of families with income $75k - 100k:
Redwood:
37.6% (73)
State:
14.0% (226,284)
Median non-family income in Redwood in 2022:
Redwood:
$43,843
Texas:
$40,634
Median per capita income in Redwood in 2022:
Redwood:
$24,501
Texas:
$26,785
Income statistics for other residents
Median household income in Redwood, TX in 2022:
Redwood:
$74,735
Texas:
$57,114
Number of households with income < $10k:
Redwood:
4.6% (9)
Texas:
5.9% (54,162)
Number of households with income $10k - 20k:
Redwood:
8.1% (16)
State:
6.8% (62,891)
Number of households with income $20k - 30k:
Redwood:
0.0% (0)
Texas:
10.6% (97,294)
Number of households with income $30k - 40k:
Redwood:
0.0% (0)
Texas:
10.8% (99,670)
Number of households with income $40k - 50k:
Redwood:
13.2% (26)
State:
9.3% (85,548)
Number of households with income $50k - 60k:
Redwood:
15.2% (30)
State:
9.0% (82,757)
Number of households with income $60k - 75k:
Redwood:
0.0% (0)
Texas:
10.9% (100,326)
Number of households with income $75k - 100k:
Redwood:
26.9% (53)
Texas:
14.0% (128,767)
Number of households with income $100k - 125k:
Redwood:
0.0% (0)
State:
8.2% (75,218)
Number of households with income $125k - 150k:
Redwood:
13.2% (26)
Texas:
4.8% (44,223)
Number of households with income $150k - 200k:
Redwood:
18.8% (37)
State:
5.6% (51,376)
Number of households with income > $200k:
Redwood:
0.0% (0)
State:
4.0% (36,393)
Aggregate household income in Redwood in 2022: $17,577,851
Median family income in Redwood in 2022:
Redwood:
$70,531
Texas:
$60,064
Number of families with income < $10k:
Redwood:
8.1% (11)
Texas:
6.8% (47,502)
Number of families with income $50k - 60k:
Redwood:
20.5% (29)
Texas:
8.5% (59,321)
Number of families with income $75k - 100k:
Redwood:
37.7% (52)
Texas:
14.5% (101,032)
Number of families with income $125k - 150k:
Redwood:
7.8% (11)
State:
5.1% (35,727)
Number of families with income $150k - 200k:
Redwood:
25.9% (36)
State:
5.9% (41,211)
Median per capita income in Redwood in 2022:
Redwood:
$27,299
State:
$23,899
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