Redwood City - Real Estate

The total number of housing units in this community, as of the 2000 census, is 28,928 with 28,095 (97%) occupied and 833 (3%) vacant. There are 28,928 (100.00%) urban housing units with 28,928 (100.00%) inside urbanized areas.

Occupied Housing

Among the occupied housing units (total 28,095), 14,878 (53%) are owner occupied and 13,217 (47%) are renter occupied. The status of the vacant housing units (total 833) are: for rent 290 (35%), for sale only 136 (16%), rented or sold (not occupied) 69 (8%), for seasonal/recreational/occasional use 260 (31%), other reasons units are vacant 78 (9%).

Household Size

The average household size of occupied housing units is 2.7 people for owner occupied and 2.6 people for renter occupied. For owner occupied housing units (total 14,878), the number of occupants per room is: 0.50 or less occupants 10,421 (70.04%), 0.51 to 1.00 occupants 3,685 (24.77%), 1.01 to 1.50 occupants 399 (2.68%), 1.51 to 2.00 occupants 226 (1.52%), 2.01 or more occupants 147 (0.99%). For renter occupied housing units (total 13,217 (88.84%)), the number of occupants per room is: 0.50 or less occupants 5,742 (38.59%), 0.51 to 1.00 occupants 4,268 (28.69%), 1.01 to 1.50 occupants 990 (6.65%), 1.51 to 2.00 occupants 949 (6.38%), 2.01 or more occupants 1,268 (8.52%). For all housing units, the median number of rooms is 4.6.

Number of Units

The number of units in the structure are: 1 unit–detached 13,496 (46.65%), 1 unit-attached 3,654 (12.63%), 2 units 1,154 (3.99%), 3 or 4 units 1,443 (4.99%), 5 to 9 units 2,383 (8.24%), 10 to 19 units 2,377 (8.22%), 20 to 49 units 1,599 (5.53%), 50 or more units 1,989 (6.88%), mobile home units 570 (1.97%), boat/RV/van/etc units 263 (0.91%).

Utilities, Cars and Kitchens

For occupied housing units, the type of heating fuel is: utility gas 20,513 (73.01%), bottled/tank/LP gas 299 (1.06%), electricity 6,850 (24.38%), Wood 112 (0.40%), solar energy 5 (0.02%), Other fuel 40 (0.14%), No fuel used 276 (0.98%). For occupied housing units, the number of vehicles available is: No vehicle 2,011 (7.16%), 1 vehicle 9,598 (34.16%), 2 vehicles 11,090 (39.47%), 3 vehicles 3,608 (12.84%), 4 vehicles 1,265 (4.50%), 5 or more vehicles 523 (1.86%). Among all housing units, the number of units lacking complete kitchen facilities is 283 (0.98%). The number of occupied housing units without complete plumbing facilities is 182 (0.65%).

Rent

The median gross rent, which includes utilities, is $1105.

Gross Rent by Number of Bedrooms
renter-occupied units - total = 13,180
source: 2000 census
# of
Bedrooms Rent
Type Gross
Rent Number
of Units %
No Bedrooms Cash Rent Less than $200 33 0.25
$200 to $299 38 0.29
$300 to $499 74 0.56
$500 to $749 , 503 3.82
$750 to $999 952 7.22
$1,000 or more 585 4.44
No Rent $0 12 0.09
Total  2,197 16.67
One Bedroom Cash Rent Less than $200 110 0.83
$200 to $299 58 0.44
$300 to $499 72 0.55
$500 to $749 588 4.46
$750 to $999 1,817 13.79
$1,000 or more 2,048 15.54
No Rent $0 37 0.28
Total 4,730 33.73
Two Bedrooms Cash Rent Less than $200 20 0.15
$200 to $299 15 0.11
$300 to $499 56 0.42
$500 to $749 122 0.93
$750 to $999 655 4.97
$1,000 or more 3,493 26.50
No Rent $0 84 0.64
Total   4,445 33.73
Three Bedrooms Cash Rent Less than $200 10 0.08
$200 to $299 21 0.16
$300 to $499 45 0.34
$500 to $749 74 0.56
$750 to $999 59 0.45
$1,000 or more 1,498 11.37
No Rent $0 101 0.77
Total   1,808 13.72
The median gross rent, as percentage of household income is 27%.

Value and Mortgages

The range of values for owner occupied housing units, as of the 2000 census, are: lower quartile $399,500, median $517,800, upper quartile $695,000. The mortgage status for owner-occupied housing units (total 12,469) is a mixture of mortgages (primary), second mortgages and home equity loans. The number of housing units with a mortgage, contract to purchase, or similar debt is 9,608 (77.06%). The number with either a second mortgage or home equity loan, but not both is 2,766 (22.18%). Those with second mortgages only equals 1,290 (10.35%). Those with home equity loan only equals 1,476 (11.84%). The number with both a second mortgage and a home equity loan is 13 (0.10%). Those with no second mortgage and no home equity loan equals 6,829 (54.77%). The number of housing units without a mortgage is 2,861 (22.94%).

Ownership Costs

The median monthly owner costs for owner-occupied housing units is $2,351 for units with a mortgage and $382 for units without a mortgage. The median monthly owner costs as a percentage of household income is 26.40% for units with a mortgage and 9.90% for units without a mortgage. The median household income for owner-occupied units is $88,877and for renter-occupied units is $49,356. The median real estate taxes for owner-occupied units is $2,815.

Note: Housing and Rental prices are based on the 2000 census, thus they may not represent current prices.

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