Salary & Cost of Living in Redwood City, CA
Redwood City, CA: $73,914 median salary, cost of living index 159.7, $16.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$73,914
$36/hr
Cost of Living
159.7
US avg = 100
Minimum Wage
$16.00
per hour
Unemployment
4.9%
rate
Redwood City, CA Overview
Population
84,292
Median Salary
$73,914
Average Salary
$82,784
Avg Commute
19 min
Median Home Price
$736,000
Median Rent
$2,986/mo
Job Growth
+1.1%
Sales Tax
7.25%
Redwood City is located in California with a population of 84,292. The median household salary is $73,914 per year ($36/hour), which is $14,530 above the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +1.1%.
Redwood City Salary by Experience Level (2026)
Wage distribution in Redwood City, CA based on BLS percentile breakdown of the $73,914 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $45,827 | $22.03/hr | 0–2 years |
| Mid-Level (Median) | $73,914 | $35.54/hr | 3–7 years |
| Senior-Level | $104,958 | $50.47/hr | 8–15 years |
| Top 10% (90th Percentile) | $131,567 | $63.26/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Redwood City Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Redwood City, CA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$53,510
$4,459.21/month · $2,058.10/biweekly · Effective Rate: 27.6%
Gross Pay
$73,914
Federal Tax
-$7,875
State Tax
-$6,874
Local Tax
$0
FICA
-$5,654
Net Pay
$53,510
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,159.50 | $73,914.00 |
| Federal Income Tax | -$656.26 | -$7,875.08 |
| California State Tax (9.3%) | -$572.83 | -$6,874.00 |
| Social Security (6.2%) | -$381.89 | -$4,582.67 |
| Medicare (1.45%) | -$89.31 | -$1,071.75 |
| Net Take-Home Pay | $4,459.21 | $53,510.50 |
Salary Comparison: Redwood City vs Other Cities
See how Redwood City's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Redwood City, CA | $73,914 | 159.7 | $46,283 |
| National Average | $59,384 | 100 | $59,384 |
| Merced, CA | $73,913 | 159.5 | $46,340 |
| Rocklin, CA | $73,877 | 140.3 | $52,656 |
| Mission Viejo, CA | $74,028 | 145.3 | $50,948 |
| Shrewsbury, MA | $74,050 | 136.9 | $54,091 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Redwood City
Redwood City's cost of living index is 159.7 (national average = 100). Living in Redwood City is 59.69999999999999% more expensive than the national average.
Median Home Price
$736,000
Median Monthly Rent
$2,986
Annual Rent Cost
$35,832
Your Salary's Purchasing Power
Your $53,510 annual take-home pay in Redwood City has the purchasing power of approximately $33,507 in an average-cost US area. You would need to earn $118,041 in Redwood City to match a $73,914 salary in an average-cost city.
Top Industries in Redwood City
Redwood City's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $73,914.
Salary Tips for Redwood City Workers
- Negotiate for cost of living. Redwood City has a cost of living 59.69999999999999% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Maximize pre-tax deductions. With a 9.3% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Redwood City's top industries include Technology, Entertainment, Agriculture. Targeting roles in these sectors can help you earn above the $73,914 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Redwood City salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Redwood City-CA metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Redwood City indexed at 159.7.
- Median salary calculation: weighted average of Redwood City's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $73,914 annual median.
- Tax burden reflects California state income tax (9.3%) (no local income tax), sales tax (7.25%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Redwood City: 4.9%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Technology, Entertainment, Agriculture — based on QCEW employment concentration data.
- Job growth: 1.1% projected through 2034, derived from BLS Employment Projections program for California.
- Housing context: median home price $736,000, median rent $2,986/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Redwood City, CA:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Redwood City unemployment rate
- U.S. Census Bureau — Redwood City QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — California — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Redwood City's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent California labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in Redwood City, CA?
The median salary in Redwood City, CA is $73,914 per year, or $36 per hour. The average salary is $82,784. This is $14,530 above the national median of $59,384.
What is the cost of living in Redwood City, CA?
Redwood City's cost of living index is 159.7 (national average = 100), meaning it is 59.69999999999999% more expensive compared to the national average. The median home price is $736,000 and the median monthly rent is $2,986.
What are the best industries in Redwood City?
The top industries in Redwood City, CA include Technology, Entertainment, Agriculture. The city has a job growth rate of 1.1% and an unemployment rate of 4.9%. Workers in these industries often earn above the city's median salary of $73,914.
How does Redwood City's salary compare to other cities?
Redwood City's median salary of $73,914 is 24.5% above the national median of $59,384. However, when adjusted for cost of living (index: 159.7), the real purchasing power is approximately $46,283.
What is the minimum wage in Redwood City, CA?
The minimum wage in Redwood City, CA is $16.00 per hour. This equals approximately $33,280 per year for a full-time worker (40 hours/week). This is $8.75 above the federal minimum wage of $7.25/hour.