Concord, NC
Population 106,518 · North Carolina
About Concord, NC
Concord is a major city located in North Carolina with a population of 106,518 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,752 per year, which is 13% above the national median of $75,149. The median age of 36.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Concord features a median home value of $327,600, which is 34% above 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 $1,365, 17% above the national average of $1,163/month. Of the 42,493 total housing units, 66% are owner-occupied (24,610 units) and 34% are renter-occupied (12,437 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Concord shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 8.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Concord have an average one-way commute time of 27.8 minutes.
Education & Demographics
41.7% of Concord residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 8.6% White, 1.2% Hispanic or Latino, 2.0% Black or African American, and 4.8% Asian residents, with 12.5% of the population being foreign-born.
How Concord Ranks in North Carolina
Cost of Living in Concord, NC
Compared to national averages, Concord has a median household income of $84,752 (13% above the national median of $75,149). Home values average $327,600, which is 34% above the national median. Monthly rent at $1,365 is 17% above the US average of $1,163. Within North Carolina, Concord's income is 31% above the state average of $64,468, and home values are 43% above the state median of $228,922.
Why Live in Concord, NC?
Concord offers a strong local economy with a median household income of $84,752, well above the national average, and a well-educated community where 41.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.6%, better than the national average.
Concord has a population of 106,518 with a median age of 36.2 years. Compare Concord with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Concord
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| High Point | 115,263 | $61,228 | $212,400 | Compare |
| Wilmington | 118,578 | $63,900 | $350,300 | Compare |
| Asheville | 94,369 | $67,221 | $411,000 | Compare |
| Greenville | 88,540 | $50,564 | $213,100 | Compare |
| Gastonia | 81,632 | $60,554 | $250,000 | Compare |
| Jacksonville | 73,507 | $54,069 | $191,700 | Compare |
| Apex | 67,765 | $138,442 | $514,800 | Compare |
| Huntersville | 62,458 | $119,951 | $439,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
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, NC?
The population of Concord, NC is 106,518 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in North Carolina.
What is the median household income in Concord?
The median household income in Concord, NC is $84,752 per year, which is 13% above the national median of $75,149.
What is the median home value in Concord?
The median home value in Concord, NC is $327,600, which is 34% above 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, NC is $1,365, which is 17% above the national average of $1,163/month.
What is the unemployment rate in Concord?
The unemployment rate in Concord, NC is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Concord, NC a good place to live?
Concord offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 106,518 and a median age of 36.2, the city appeals to a broad range of residents.
How educated is Concord, NC?
41.7% of residents in Concord aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Concord?
Key cost-of-living indicators for Concord, NC: median home value is $327,600 (34% above national), median rent is $1,365/month, and median household income is $84,752. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Concord?
The poverty rate in Concord, NC is 8.6%, 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, NC?
Concord's population is 8.6% White, 1.2% Hispanic or Latino, 2.0% Black or African American, 4.8% Asian, and 21.7% two or more races. 12.5% of residents are foreign-born.