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Economy, jobs and prices in Concord, North Carolina: official figures

The median household income in Concord was $86,921 a year in the 2020-2024 American Community Survey (in 2024 dollars), 345th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the North Carolina median $72,388.

Median household income
$86,921
2020-2024
Unemployment rate (ACS)
5.5%
2020-2024
Mean travel time to work
26.9 min
2020-2024
Median gross rent (monthly)
$1,451
2020-2024
Median home value (owner-occupied)
$353,700
2020-2024
Homes occupied by their owners
65.2%
2020-2024
Households with a broadband subscription
94.0%
2020-2024

What is the per capita income in Concord?

Income per resident (per capita income) in Concord averaged $42,090 a year in 2020-2024, 373rd highest of 823 US cities of 50,000 or more (US: $44,673; North Carolina: $41,385).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Concord?

Concord's Gini index of household income inequality was 0.442 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 377th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Concord, North Carolina?

5.5% of the civilian labor force in Concord was unemployed on average over 2020-2024 (3,225 people), 359th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and North Carolina's 4.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Concord are working?

70.9% of Concord's 82,459 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 117th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Concord have jobs?

55,030 residents of Concord held civilian jobs, 66.7% of those aged 16 and over (US: 59.7%), and 210 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Concord?

The largest industry group for working residents of Concord was education, health care and social assistance (20.5% of employed residents), followed by retail trade (12.8%) and professional, scientific, management and administrative services (12.1%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Concord work in manufacturing?

Manufacturing employed 8.7% of working residents of Concord, 396th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 12.1% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Concord, North Carolina?

Commuters in Concord took 26.9 minutes on average to get to work in 2020-2024, 278th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 6.4% travelled an hour or more and 21.1% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Concord get to work?

17.4% of workers living in Concord worked from home in 2020-2024, 283rd highest of 823 US cities of 50,000 or more (US: 15.1%). 71.7% drove to work alone, 7.9% carpooled, 0.2% used public transport and 1.0% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Concord, North Carolina?

The median gross rent (rent plus utilities) in Concord was $1,451 a month in 2020-2024, 344th lowest of 823 US cities of 50,000 or more (US: $1,413; North Carolina: $1,228).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Concord?

Owner-occupied homes in Concord had a median value of $353,700 in 2020-2024 as estimated by their owners, 345th lowest of 823 US cities of 50,000 or more (US: $332,700; North Carolina: $288,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Concord?

The median home value in Concord was 4.1 times the median household income, 321st lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Concord, North Carolina own their home?

65.2% of the 38,669 occupied homes in Concord were lived in by their owners in 2020-2024 and 13,443 were rented, 240th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; North Carolina: 66.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Concord have broadband?

94.0% of households in Concord had a broadband internet subscription of some type in 2020-2024, 294th highest of 823 US cities of 50,000 or more (US: 91.0%; North Carolina: 90.1%).

Source: U.S. Census Bureau · saved copy

How many households in Concord have no internet?

4.6% of households in Concord (1,768) had no internet access at home in 2020-2024, 385th lowest of 823 US cities of 50,000 or more (US: 6.5%); 11.0% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Concord compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Concord ranks 345 of 823, highest first.

RankCityMedian household income (2024 dollars)
342Davie$87,250
343Burnsville$87,024
344Revere$86,969
345Concord$86,921
346Federal Way$86,909
347Broken Arrow$86,765
348Rogers$86,728
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Concord ranks 373 of 823, highest first.

RankCityPer capita income (2024 dollars)
370Bolingbrook$42,112
371Aurora$42,105
372Sparks$42,099
373Concord$42,090
374Palm Coast$42,023
375Phoenix$41,981
376Whittier$41,927
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Concord ranks 447 of 823, highest first.

RankCityGini index of household income inequality
444Salem0.442
445Torrance0.442
446Greeley0.442
447Concord0.442
448Pleasanton0.442
449San Marcos0.442
450Boynton Beach0.442
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Concord ranks 359 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
356Wichita5.6%
357Boca Raton5.5%
358Jersey City5.5%
359Concord5.5%
360Camarillo5.5%
361Carlsbad5.5%
362Clarksville5.5%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Concord ranks 117 of 823, highest first.

RankCityLabor force participation rate (16 and over)
114Dunwoody70.9%
115Cedar Park70.9%
116Broomfield70.9%
117Concord70.9%
118Nashua70.9%
119Frederick70.9%
120South Jordan70.9%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Concord ranks 278 of 823, highest first.

RankCityMean travel time to work (minutes)
275Redondo Beach27.0
276Lebanon27.0
277Torrance26.9
278Concord26.9
279Yuba City26.9
280Roswell26.9
281Trenton26.9
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Concord ranks 283 of 823, highest first.

RankCityWorkers who worked from home
280Palm Coast17.4%
281Nashua17.4%
282Bolingbrook17.4%
283Concord17.4%
284Eastvale17.4%
285Santa Fe17.3%
286Champaign17.3%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Concord ranks 705 of 823, highest first.

RankCityWorkers commuting by public transportation
702Overland Park0.2%
703Bend0.2%
704Ankeny0.2%
705Concord0.2%
706Bowling Green0.2%
707Farmington Hills0.2%
708Lake Elsinore0.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Concord ranks 428 of 823, highest first.

RankCityEmployed residents working in manufacturing
425Irving8.8%
426Thornton8.8%
427Laguna Niguel8.7%
428Concord8.7%
429Portland8.7%
430Tinley Park8.7%
431Maricopa8.7%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Concord ranks 623 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
620Round Rock20.5%
621Pomona20.5%
622Atlanta20.5%
623Concord20.5%
624Largo20.5%
625Castle Rock20.4%
626Hamilton20.4%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Concord ranks 480 of 823, highest first.

RankCityMedian gross rent per month
477Yuba City$1,454
478Lenexa$1,454
479Madison$1,453
480Concord$1,451
481Bridgeport$1,450
482Boise City$1,446
483Southaven$1,445
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Concord ranks 479 of 823, highest first.

RankCityMedian value of owner-occupied homes
476Sunrise$354,500
477Farmington Hills$354,500
478New Brunswick$353,800
479Concord$353,700
480Richmond$353,000
481Blaine$352,400
482Hemet$352,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Concord ranks 500 of 820, highest first.

RankCityMedian home value as a multiple of median household income
497Portsmouth4.1x
498Waco4.1x
499Apopka4.1x
500Concord4.1x
501Conroe4.1x
502Skokie4.1x
503Great Falls4.1x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Concord ranks 240 of 823, highest first.

RankCityOccupied homes lived in by their owners
237Clovis65.4%
238New Braunfels65.3%
239Sioux City65.3%
240Concord65.2%
241Virginia Beach65.1%
242Midland65.1%
243Alpharetta65.1%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Concord ranks 294 of 823, highest first.

RankCityHouseholds with a broadband subscription
291Elgin94.0%
292Waltham94.0%
293Vallejo94.0%
294Concord94.0%
295Kettering94.0%
296Mount Prospect93.9%
297Murray93.9%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Concord ranks 439 of 823, highest first.

RankCityHouseholds with no internet access
436Napa4.6%
437Sanford4.6%
438Dearborn4.6%
439Concord4.6%
440Norman4.6%
441Gardena4.6%
442Midland4.6%
Source: U.S. Census Bureau · saved copy

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Sources

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