Palo Cedro, California.
Typical home $550,486 (-1.4% in a year). Redding, CA metro.
to buy the typical home at today's mortgage rate — +$1,207 (+72%) since Jan 2020.
- 1 year
- Down $7,720 -1%
- $558,206$550,486 since Sep 2025
- 5 years
- Down $13,721 -2%
- $564,207$550,486 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Palo Cedro$2,889
- California$3,997
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Palo Cedro, CA fell 1.4% over the past year — slower than the nation's +1.2%.
Living in Palo Cedro, Shasta County, California
Palo Cedro, in Shasta County, had 2,931 people in the 2020 census. Half its households earn more than $120,152 a year and half less, against $72,636 across Shasta County; 7% of its people live below the poverty line. 91% of its homes are lived in by their owners and 9% are rented. Unemployment in Shasta County was 5.3% in August 2026, and the county had 2.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then government.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Palo Cedro is a small community in Shasta County where almost everyone owns the home they live in, and where household incomes run well above the county's. Residents tend to be somewhat older than in many places, and a good share of adults hold a four-year degree. Winters are cool and wet with only a little snow, while summers get very hot, with July the warmest month.
Work. Many residents work in schools, hospitals and social care, in government, or in banks, insurance and property, with some in farming and forestry. A fair number of people work from home. The largest workplaces in Palo Cedro include North State Grocery Group, Chrysalis Charter District and Allen Gill Construction.
Things to do. A short drive away, Turtle Bay Exploration Park offers a botanical garden to wander through, and the Cascade Theatre is the place to see a show. Anderson River Park is also a short drive away for time outdoors by the water. For a longer day out, Shasta Lake is a reservoir a longer drive away.
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- 1,288households
- 40%of adults have a degree
- 7%below the poverty line
- 18%work from home
What residents work in
Employed residents by industry, from the Census survey. Shasta County had 71,664 jobs in 2025, 2.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 56° and lows near 37°; warmest in July, with highs near 100° and lows near 67°. About 3 inches of snow and 34 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Redding Municipal Airport weather station, 4 miles away (NOAA).
Largest workplaces in Palo Cedro
- North State Grocery Group445110 supermarkets and other grocery retailers60
- Chrysalis Charter DistrictSchool district23FTE
- Allen Gill ConstructionSewer construction21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 81 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireVery high
- Inland floodingRelatively high
- EarthquakesRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Palo Cedro’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Shasta County and the Redding, CA metro.
Palo Cedro home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Palo Cedro$550,486
- California$761,538
- United States$366,157
Sellers are cutting prices on about 1 in 4 Palo Cedro listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Palo Cedro27.76%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Palo Cedro25
New listings per month
Sellers arriving at the market.
- Palo Cedro7
Zip codes with a Palo Cedro address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Palo Cedro — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.