Living in Concord, North Carolina
Cost of living, income, home prices, rent and demographics of Concord · Census data 2020–2024
Concord has 108,719 residents with a median age of 36.5. The median household income is $86,921 (20% higher than the North Carolina median), the median home value is $353,700, the median rent is $1,451/month.
Concord at a glance
- Population
- 108,719
- Median age
- 36.5State: 39.1
- Median household income
- $86,921State: $72,388
- Median home value
- $353,700State: $288,900
- Median rent
- $1,451/moState: $1,228
- Homeowners
- 65.2%
- Bachelor's degree or higher
- 40.9%
- Average commute
- 27 min
Is Concord a good place to live?
Pros: Median household income 20% higher than the North Carolina median; a poverty rate of 9.6%.
Cons: Home values 22% higher than the state median; an average commute of 27 minutes; unemployment of 5.5%.
The weather is best in April–May and September–October.
Cost of living in Concord
Housing is the biggest part of the cost of living. In Concord the median home value is $353,700, 6% higher than the U.S. median. Renters pay a median of $1,451 per month, which is 31% of household income. Homeowners with a mortgage pay $1,860 a month in housing costs.
Concord median household income
The median household income in Concord is $86,921 and the income per person is $42,090. 9.6% of residents live below the poverty line (North Carolina: 13%).
Housing in Concord: homes for sale and rent
- Housing units
- 43,142
- Owner-occupied
- 65.2%
- Renter-occupied
- 34.8%
- Vacant
- 10.4%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 2.78
Concord demographics
- Population
- 108,719
- Median age
- 36.5
- Under 18
- 26.8%
- 65 and older
- 12%
- Households
- 38,669
- Foreign-born
- 13.5%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Concord ›
Education in Concord
40.9% of adults 25 and older in Concord have a bachelor's degree or higher (North Carolina: 35.7%), and 16% have a graduate or professional degree.
Jobs and commute in Concord
- Unemployment rate
- 5.5%State: 4.7%
- Average commute
- 27 minState: 25 min
- Work from home
- 17.4%
- Drive alone
- 71.7%
- Public transit
- 0.2%
- Walk to work
- 1%
- Homes with broadband
- 94%
Concord vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Concord | 108,719 | $86,921 | $353,700 | $1,451 |
| Harrisburg | 19,633 | $148,254 | $478,000 | $2,640 |
| Kannapolis | 57,890 | $73,836 | $276,400 | $1,319 |
| Enochville | 3,321 | $66,225 | $265,700 | $1,089 |
| Landis | 3,765 | $75,000 | $252,100 | — |
| Mount Pleasant | 2,230 | $90,795 | $306,500 | $1,178 |
| Midland | 4,860 | $101,477 | $369,100 | $1,418 |
| Davidson | 15,660 | $166,556 | $687,700 | $1,652 |
| China Grove | 4,530 | $54,083 | $225,800 | $993 |
More for people moving to Concord
Concord ZIP code ›Weather and climate ›Living in Concord: FAQ
What is the median household income in Concord, NC?
The median household income in Concord is $86,921, 20% higher than the North Carolina median of $72,388 (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 $353,700, compared with $288,900 in North Carolina.
How much is rent in Concord?
The median gross rent in Concord is $1,451 per month, about 31% of household income.
Is Concord, NC a good place to live?
Pluses: median household income 20% higher than the North Carolina median; a poverty rate of 9.6%. Minuses: home values 22% higher than the state median; an average commute of 27 minutes; unemployment of 5.5%.
What is the median age in Concord?
The median age in Concord is 36.5 years (North Carolina: 39.1).
How long is the commute in Concord?
The average commute to work in Concord is 27 minutes; 17.4% of workers work from home.
What is the unemployment rate in Concord?
The unemployment rate in Concord is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Concord?
40.9% 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.
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