The small town of Redwood, New York is home to slightly less than 1,000 residents. Families with young children can expect to feel right at home, as kids under 5 make up an above-average percentage of the population. At an average age of just over 37, the town's population is younger than most cities in New York. Renters tend to be in the minority in the area, and 81% of residents own their homes. With a relatively low average rent of $909/month in the town, renting remains an affordable option, particularly compared to other cities in New York. Over the course of a year, renters in Redwood will save around $4,500 compared to the state average.
Redwood has a high percentage of residents over the age of 25 with an Associate's degree (10%) compared to the national average (5%). In addition, 4% possess a Bachelor's degree and 4% have a Master's degree or Doctorate. Redwood residents have a plethora of industries from which to choose. The four most common are entertainment, retail, education, and construction. Combined, these industries account for 26% of the town's labor force. Meanwhile, looking at job function, many of the town's workers are in sales, as 6% of the town's population reports this as their field of work, the highest number of any field. Redwood workers earn an average annual income of about $59,000, less than the average New York resident. Redwood's average income also falls below the national average ($73,345).
Averaging about 22 minutes, Redwood's commute time is faster than the state average of about 38 minutes. Many residents (41%) commute to work by car, while public transit isn't widely used. Few workers commute on foot.
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