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Redmond is a city in King County, Washington. It is situated on the eastern edge of the Seattle urban area, in what is known as the Eastside. In 2003 the Census Bureau estimated the city population was 46,391. Redmond is best known as the home of Microsoft and Nintendo of America. With an annual bike race on city streets and the state's only velodrome, Redmond is also known as "the bicycle capital of the Northwest". Despite this, the city is very suburban, with its main form of transportation being the automobile. Redmond has a historic downtown, has many parks and is known for its wood.

Due to its large population of highly paid tech workers, especially those of Microsoft, Redmond is known for its affluence and high concentration of nouveau riche. Based on per capita income, one of the more reliable measures of affluence, Redmond ranks 20th of 522 areas in the state of Washington to be ranked.

A number of companies in the high-tech industry are based in Redmond. The largest employer in the city by far is Microsoft Corporation, with over 30,000 full-time workers and more than 8 million square feet of office space. Microsoft recently announced that it intends to expand its Redmond campus by another 1.1 million square feet at a cost of $1 Billion and has said that this will create space for between 7,000 and 15,000 new employees over the next three years. This also shows that Redmond's economy, along with Puget Sound's, is growing full-force, with little sign of slowing in the near future.

Other companies with headquarters in Redmond include Nintendo of America, Data I/O Corporation, Genie Industries, Eddie Bauer, and Medtronic Emergency Response Systems. Safeco Corporation, one of the city's major employers, announced in April 2005 that it would be consolidating its offices in Seattle's University District.

Redmond Derby Days is an annual community festival held every July. It began as a race around Lake Sammamish called the Redmond Bicycle Derby in 1939, and since then has become a multi-day event including a bicycle criterium, parade, carnival, and entertainment stage.


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