Redwood, TX Profile: Facts & Data

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Redwood, Texas - Basic Facts

The Redwood Census Designated Place had a population of 4,803 as of July 1, 2019. Redwood ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Redwood is located at latitude 29.8102 and longitude -97.9114 in Guadalupe County. The formal boundaries for the Redwood Census Designated Place encompass a land area of 6.45 sq. miles and a water area of 0.07 sq. miles. Guadalupe County is in the Central time zone (GMT -6). The elevation is 554 feet.

The Redwood Census Designated Place (GNIS ID: 2409156) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Redwood Census Designated Place is located within Northeast Guadalupe Division of Guadalupe County.


Jump to... (On This Page!)
  1. Redwood 2019 Demographic Data
  2. Growth Rates for Redwood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

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Redwood, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Redwood, TX Housing Affordability Index is 223
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Redwood, TX Wealth Index is 44
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 4,803
Population in Households 4,795
Population in Familes 4,256
Population in Group Qrtrs 8
Population Density 745
Diversity Index1 67
 

INCOME

Median Household Income $43,614
Average Household Income $54,957
Per Capita Income $14,672
Wealth Index3 44

HOUSING

Total Housing Units 1,311 (100%)
Owner Occupied HU 896 (68.3%)
Renter Occupied HU 346 (26.4%)
Vacant Housing Units 69 ( 5.3%)
Median Home Value $90,635
Housing Affordability Index2 223
 

HOUSEHOLDS

Total Households 1,242
Average Household Size 3.86
Family Households 1,022
Average Family Size 4
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.11% 1.36%
Households 1.11% 1.38%
Families 0.95% 1.33%
Median Household Income   2.09%
Per Capita Income   2.46%

Redwood, TX - Peer Comparisons by Rank and Percentile

The table below compares Redwood to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 424 76th
Population Density # 943 46th
Diversity Index # 415 76th
Median Household Income # 1102 37th
Per Capita Income # 1500 14th

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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