New Concord, OH
Population 2,623 · Ohio
About New Concord, OH
New Concord is a small town located in Ohio with a population of 2,623 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,120 per year, which is 4% below the national median of $75,149. The median age of 22.5 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 New Concord features a median home value of $194,400, which is 21% below the national median of $244,900. This positions New Concord in a moderately priced market relative to the rest of the country. Median monthly rent is $824, 29% below the national average of $1,163/month. Of the 721 total housing units, 50% are owner-occupied (348 units) and 50% are renter-occupied (347 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in New Concord shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 17.3%, above the national average of 12.4%. Workers in New Concord have an average one-way commute time of 19.8 minutes, one of the shorter commutes in the region.
Education & Demographics
44.4% of New Concord residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.2% White, 1.3% Hispanic or Latino, 0.4% Black or African American, and 0.7% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in New Concord, OH
Compared to national averages, New Concord has a median household income of $72,120 (4% below the national median of $75,149). Home values average $194,400, which is 21% below the national median. Monthly rent at $824 is 29% below the US average of $1,163. Within Ohio, New Concord's income is 0% above the state average of $71,814, and home values are 11% above the state median of $174,449.
Why Live in New Concord, OH?
New Concord offers affordable housing with a median home value of $194,400, below the US average of $244,900, and rent that’s lower than the national average at $824/month, and a well-educated community where 44.4% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 19.8 minutes.
Potential considerations include median household income ($72,120) that falls below the national average. However, New Concord’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Concord has a population of 2,623 with a median age of 22.5 years. Compare New Concord with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near New Concord
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Devola | 2,617 | $96,375 | $213,800 | Compare |
| Sugarcreek | 2,614 | $75,750 | $220,000 | Compare |
| Fredericktown | 2,634 | $64,668 | $164,500 | Compare |
| Bethel | 2,639 | $42,961 | $142,700 | Compare |
| Piketon | 2,603 | $41,923 | $122,400 | Compare |
| Williamsburg | 2,598 | $62,923 | $167,100 | Compare |
| New Bremen | 2,650 | $81,250 | $227,000 | Compare |
| Evendale | 2,656 | $154,896 | $385,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare New Concord With Other Cities
Frequently Asked Questions about New Concord
What is the population of New Concord, OH?
The population of New Concord, OH is 2,623 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in New Concord?
The median household income in New Concord, OH is $72,120 per year, which is 4% below the national median of $75,149.
What is the median home value in New Concord?
The median home value in New Concord, OH is $194,400, which is 21% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Concord?
The median monthly rent in New Concord, OH is $824, which is 29% below the national average of $1,163/month.
What is the unemployment rate in New Concord?
The unemployment rate in New Concord, OH is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Concord, OH a good place to live?
New Concord offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,623 and a median age of 22.5, the city appeals to young professionals and families.
How educated is New Concord, OH?
44.4% of residents in New 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 New Concord?
Key cost-of-living indicators for New Concord, OH: median home value is $194,400 (21% below national), median rent is $824/month, and median household income is $72,120. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Concord?
The poverty rate in New Concord, OH is 17.3%, 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 New Concord, OH?
New Concord's population is 2.2% White, 1.3% Hispanic or Latino, 0.4% Black or African American, 0.7% Asian, and 4.2% two or more races. 1.8% of residents are foreign-born.