Concord, IL
Population 141 · Illinois
About Concord, IL
Concord is a small community located in Illinois with a population of 141 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,250 per year, which is 41% below the national median of $75,149. The median age of 52.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Concord features a median home value of $107,300, which is 56% below the national median of $244,900. This makes Concord one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 72 total housing units, 97% are owner-occupied (57 units) and 3% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Concord shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Concord have an average one-way commute time of 41.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
5.4% of Concord residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Concord, IL
Compared to national averages, Concord has a median household income of $44,250 (41% below the national median of $75,149). Home values average $107,300, which is 56% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Concord's income is 41% below the state average of $75,072, and home values are 35% below the state median of $165,779.
Why Live in Concord, IL?
Concord offers affordable housing with a median home value of $107,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a low poverty rate of 2.1%, better than the national average.
Potential considerations include median household income ($44,250) that falls below the national average. However, Concord’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Concord has a population of 141 with a median age of 52.7 years. Compare Concord with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Concord
What is the population of Concord, IL?
The population of Concord, IL is 141 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Concord?
The median household income in Concord, IL is $44,250 per year, which is 41% below the national median of $75,149.
What is the median home value in Concord?
The median home value in Concord, IL is $107,300, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Concord?
The median monthly rent in Concord, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Concord?
The unemployment rate in Concord, IL is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Concord, IL a good place to live?
Concord offers a moderate cost of living, affordable housing, and a strong job market. With a population of 141 and a median age of 52.7, the city appeals to established professionals and retirees.
How educated is Concord, IL?
5.4% of residents in Concord aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Concord?
Key cost-of-living indicators for Concord, IL: median home value is $107,300 (56% below national), median rent is $0/month, and median household income is $44,250. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Concord?
The poverty rate in Concord, IL is 2.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Concord, IL?
Concord's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.