This data is based on 6 ZIP codes, which covers Redwood City and Belmont and San Carlos and Woodside.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined 6 ZIP codes area shared across these towns.
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Redwood City ZIP Area Economy · 2023
Wages +0% vs. avg. San Mateo Co. town
Redwood City's ZIP area supports 98,654 jobs across 5,321 businesses, with workers earning an average of $158K per year, 0% above the San Mateo County average. The economy is well-diversified (0.88 index), led by professional services and healthcare. 0% of businesses have fewer than 20 employees, and each business employs an average of 18.5 people. Jobs grew 0.9% from the prior year while business count declined 1.5%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. San Mateo Avg.i
Industries sorted by relative concentration in this ZIP area.
Economic Densityi
1.20
jobs per resident
18.5
employees per business
County avg: 19.5-5%
$189K
payroll per resident
$2.9M
payroll per business
Redwood City ZIP Area vs. Avg. San Mateo Co. Towni
All Industries in ZIP Areai
| Sector | Redwood City ZIP | Avg. San Mateo Co. | Spec. |
|---|---|---|---|
| Professional Services | 1,007 | 370 | 1.1x |
| Healthcare | 630 | 260 | 1.0x |
| Construction | 626 | 203 | 1.3x |
| Food & Accommodation | 460 | 211 | 0.9x |
| Other Services | 422 | 180 | 1.0x |
| Retail Trade | 417 | 184 | 1.0x |
| Real Estate | 334 | 166 | 0.8x |
| Admin Services | 292 | 114 | 1.1x |
| Finance & Insurance | 254 | 125 | 0.9x |
| Wholesale Trade | 189 | 109 | 0.7x |
| Information | 189 | 66 | 1.2x |
| Manufacturing | 172 | 54 | 1.3x |
| Education | 137 | 50 | 1.2x |
| Arts & Entertainment | 98 | 36 | 1.1x |
| Transportation | 59 | 83 | 0.3x |
| Management | 15 | 21 | 0.3x |
| Agriculture | 9 | 2 | 1.9x |
