Concord, VA
Population 1,367 · Virginia
About Concord, VA
Concord is a small town located in Virginia with a population of 1,367 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 52.2 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 $189,900, which is 22% 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 $768, 34% below the national average of $1,163/month. Of the 765 total housing units, 78% are owner-occupied (479 units) and 22% are renter-occupied (137 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Concord shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Concord have an average one-way commute time of 25.1 minutes.
Education & Demographics
17.0% 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 2.9% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 6.9% Asian residents, with 2.9% of the population being foreign-born.
Cost of Living in Concord, VA
Compared to national averages, Concord has a median household income of $0 (100% below the national median of $75,149). Home values average $189,900, which is 22% below the national median. Monthly rent at $768 is 34% below the US average of $1,163. Within Virginia, Concord's income is 100% below the state average of $87,957, and home values are 42% below the state median of $327,514.
Why Live in Concord, VA?
Concord offers affordable housing with a median home value of $189,900, below the US average of $244,900, and rent that’s lower than the national average at $768/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($0) 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 1,367 with a median age of 52.2 years. Compare Concord with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Concord
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Central Garage | 1,364 | $74,911 | $277,300 | Compare |
| Kilmarnock | 1,361 | $31,696 | $257,700 | Compare |
| Dooms | 1,360 | $59,196 | $242,900 | Compare |
| Hurt | 1,382 | $50,263 | $141,700 | Compare |
| Great Falls Crossing | 1,384 | $250,001 | $1,007,100 | Compare |
| Halifax | 1,348 | $56,111 | $210,900 | Compare |
| Kenbridge | 1,348 | $57,941 | $144,700 | Compare |
| Lyndhurst | 1,401 | $74,405 | $233,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
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, VA?
The population of Concord, VA is 1,367 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in Concord?
The median household income in Concord, VA is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Concord?
The median home value in Concord, VA is $189,900, which is 22% 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, VA is $768, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Concord?
The unemployment rate in Concord, VA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Concord, VA a good place to live?
Concord offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,367 and a median age of 52.2, the city appeals to established professionals and retirees.
How educated is Concord, VA?
17.0% 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, VA: median home value is $189,900 (22% below national), median rent is $768/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Concord?
The poverty rate in Concord, VA is 13.2%, 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, VA?
Concord's population is 2.9% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 6.9% Asian, and 15.6% two or more races. 2.9% of residents are foreign-born.