|Income and Poverty
City role: indirect
|Three measures: Redmond median household income; percentage of children living in impoverished households in the Lake Washington School District; and, sales and property tax receipts in Redmond.
Redmond median household income: Inflation-adjusted household income increased slightly during the 2011-2013 survey period to $98,958 as compared to $98,212 during the 2010-2012 period.
Sales and property tax receipts: Total sales and property tax receipts in Redmond have ranged between $32.0 million and $37.4 million since 2001, adjusted for inflation through 2014. For 2014, sales tax receipts decreased by 4.1 percent while property tax receipts increased by 3.3 percent. Sales tax receipt figures exclude one-time positive adjustments resulting from state audits in 2007 and 2011.
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Lake Washington School District child poverty: Child poverty in the Lake Washington School District increased slightly to 6.19 percent in 2013 compared to 6.17 percent in 2012.