Concord, MI
Population 1,156 · Michigan
About Concord, MI
Concord is a small town located in Michigan with a population of 1,156 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,143 per year, which is 17% below the national median of $75,149. The median age of 33.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Concord features a median home value of $158,900, which is 35% below the national median of $244,900. This positions Concord in a moderately priced market relative to the rest of the country. Median monthly rent is $905, 22% below the national average of $1,163/month. Of the 474 total housing units, 85% are owner-occupied (362 units) and 15% are renter-occupied (64 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Concord shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.7%, above the national average of 12.4%. Workers in Concord have an average one-way commute time of 23.6 minutes.
Education & Demographics
19.2% 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 3.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Concord, MI
Compared to national averages, Concord has a median household income of $62,143 (17% below the national median of $75,149). Home values average $158,900, which is 35% below the national median. Monthly rent at $905 is 22% below the US average of $1,163. Within Michigan, Concord's income is 6% below the state average of $66,017, and home values are 13% below the state median of $183,391.
Why Live in Concord, MI?
Concord offers affordable housing with a median home value of $158,900, below the US average of $244,900, and rent that’s lower than the national average at $905/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features short commute times averaging just 23.6 minutes.
Potential considerations include median household income ($62,143) 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 1,156 with a median age of 33.1 years. Compare Concord with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Concord
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Frankfort | 1,158 | $51,813 | $305,600 | Compare |
| Baldwin | 1,161 | $23,631 | $104,100 | Compare |
| Carson City | 1,161 | $42,750 | $109,200 | Compare |
| Millington | 1,151 | $56,339 | $117,700 | Compare |
| Quinnesec | 1,150 | $61,328 | $117,200 | Compare |
| Athens | 1,149 | $58,438 | $141,800 | Compare |
| Coleman | 1,147 | $41,458 | $88,300 | Compare |
| Grant | 1,146 | $56,875 | $158,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Concord With Other Cities
Frequently Asked Questions about Concord
What is the population of Concord, MI?
The population of Concord, MI is 1,156 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Concord?
The median household income in Concord, MI is $62,143 per year, which is 17% below the national median of $75,149.
What is the median home value in Concord?
The median home value in Concord, MI is $158,900, which is 35% 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, MI is $905, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Concord?
The unemployment rate in Concord, MI is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Concord, MI a good place to live?
Concord offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,156 and a median age of 33.1, the city appeals to young professionals and families.
How educated is Concord, MI?
19.2% 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, MI: median home value is $158,900 (35% below national), median rent is $905/month, and median household income is $62,143. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Concord?
The poverty rate in Concord, MI is 16.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Concord, MI?
Concord's population is 3.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.4% two or more races. 1.4% of residents are foreign-born.