Living in Concord, Michigan
Cost of living, income, home prices, rent and demographics of Concord · Census data 2020–2024
Concord has 1,118 residents with a median age of 33.6. The median household income is $60,625 (17% lower than the Michigan median), the median home value is $176,800, the median rent is $794/month.
Concord is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Concord at a glance
- Population
- 1,118
- Median age
- 33.6State: 40.2
- Median household income
- $60,625State: $72,875
- Median home value
- $176,800State: $231,600
- Median rent
- $794/moState: $1,129
- Homeowners
- 81.7%
- Bachelor's degree or higher
- 19.8%
- Average commute
- 24 min
Is Concord a good place to live?
Pros: Home values 24% lower than the state median; an average commute of 24 minutes; unemployment of 3.4%.
Cons: Median household income 17% lower than the Michigan median; a poverty rate of 13.5%.
The weather is best in June to September.
Cost of living in Concord
Housing is the biggest part of the cost of living. In Concord the median home value is $176,800, 47% lower than the U.S. median. Renters pay a median of $794 per month, which is 28% of household income. Homeowners with a mortgage pay $1,314 a month in housing costs.
Concord median household income
The median household income in Concord is $60,625 and the income per person is $27,502. 13.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Concord: homes for sale and rent
- Housing units
- 473
- Owner-occupied
- 81.7%
- Renter-occupied
- 18.3%
- Vacant
- 11.2%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.66
Concord demographics
- Population
- 1,118
- Median age
- 33.6
- Under 18
- 32.6%
- 65 and older
- 15.3%
- Households
- 420
- Foreign-born
- 0.9%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Concord ›
Education in Concord
19.8% of adults 25 and older in Concord have a bachelor's degree or higher (Michigan: 32.4%), and 6% have a graduate or professional degree.
Jobs and commute in Concord
- Unemployment rate
- 3.4%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 7.6%
- Drive alone
- 84.9%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 87.6%
Concord vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Concord | 1,118 | $60,625 | $176,800 | $794 |
| Spring Arbor | 2,275 | $63,631 | $225,000 | $910 |
| Hanover | 375 | $62,656 | $145,800 | $978 |
| Albion | 7,560 | $39,885 | $99,900 | $775 |
| Parma | 624 | $71,250 | $158,500 | $1,065 |
| Homer | 1,610 | $54,737 | $136,200 | $825 |
| Litchfield | 1,566 | $53,182 | $117,000 | $734 |
| Jackson | 31,058 | $44,558 | $103,200 | $898 |
| Vandercook Lake | 4,375 | $59,262 | $136,600 | $1,141 |
More for people moving to Concord
Concord ZIP code ›Weather and climate ›Living in Concord: FAQ
What is the median household income in Concord, MI?
The median household income in Concord is $60,625, 17% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Concord?
The median home value in Concord is $176,800, compared with $231,600 in Michigan.
How much is rent in Concord?
The median gross rent in Concord is $794 per month, about 28% of household income.
Is Concord, MI a good place to live?
Pluses: home values 24% lower than the state median; an average commute of 24 minutes; unemployment of 3.4%. Minuses: median household income 17% lower than the Michigan median; a poverty rate of 13.5%.
What is the median age in Concord?
The median age in Concord is 33.6 years (Michigan: 40.2).
How long is the commute in Concord?
The average commute to work in Concord is 24 minutes; 7.6% of workers work from home.
What is the unemployment rate in Concord?
The unemployment rate in Concord is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Concord?
19.8% of adults in Concord have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: