Cost of Living in Concord, NC
Population: 106,518 • 2026 Data
$84,752
Median Household Income
+10% vs national
$1,365
Median Monthly Rent
+1% vs national
$327,600
Median Home Value
-3% vs national
4.8%
Unemployment Rate
Housing in Concord
The median home value in Concord, NC is $327,600. Monthly rent for a typical unit averages $1,365, while total monthly housing costs (including utilities and insurance) average $1,402.
Rent-to-income ratio: 19.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Concord, NC is $84,752. The unemployment rate stands at 4.8%, with a labor force of 56,973 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.