REDMOND QUICK FACTS

Livability
2012 Population: 26,345 (95 increase from 2000)
Tri-county population: 202,230 (July 2012)
Elevation: 3,077 feet
8.62” annual prec.: avg temp. H 85°, L 20°
Redmond Schools: 7,000 students, 12 schools, 1 charter, 6 communities
$40 million expansion of Redmond Airport terminalfrom 24,000 SF to 140,000 SF, completed in 2010
177,000 SF St. Charles Medical Center Redmond Campus
$37M, 8,000 seat Expo Center; 279,000 SF event center
Recreation: boat, camp, fish, golf, hike, horseback, hunt, rock climb, slackline, ski, snowboard, snowshoe, swim, SUP, tennis, cycling, MTB and raft
22 parks on 540 acres within Redmond
28 golf courses within 50 miles
Resorts: Brasada, Eagle Crest, Pronghorn,  Crooked River Ranch
32 churches in Redmond
Deschutes Co. 2010 avg. wage: $35,229; $16.94/hr.
2012 (Dec) median home price $132,000.
2012 (Dec) average home price $148,086.

Business Costs
Property tax: $18.8565/$1k
Ind. land prices: $1.75 - $5.00/SF (City land $2.00-$3.00/SF)
No Sales TaxBusiness Costs (Cont'd)
Ind. building const. costs: $50 - $75/SF
Ind. warehouse leases: $.30 - $.50/SF
Ind. office space leases: $.45 - $.70/SF
Commercial office space leases: $.50 - $1.50/SF
Retail space leases: $.40 - $1.50/SF (01/2012) 

Business Climate
Area labor force: 94,612 (01/2012)
Training: COCC – Mfg & Applied Tech Center and future development 30,000 SF Regional Technology Center (scheduled to open 2014)
8 motor freight companies. Daily service to Portland
Rail freight service by BNSF and UP Railroads
Redundant local-regional-national fiber optic network hub
Real Market Value of property: $1,570,978,697

Redmond Economic Development, Inc.
446 SW 7th Street
Redmond, OR 97756
Jon Stark, Manager, jon@edcoinfo.com

For a customized demographic profile for your new business,
please contact info@edcoinfo.com

 



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