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Concord, NC

Full City Profile · North Carolina · Cabarrus County County

3.6 /5.0
B+ Good
106,518 Population 1,646/sq mi density
$84,752 Median Income $40,763 per capita
$327,600 Home Value $378,231 Zillow
$1,365 Median Rent 32.2% income on rent
62°F Avg Temperature 302 sunny days/yr
122 Violent Crime/100K 1,650 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$84,752 median income, 3.4% unemployment
A+
Affordability
4.5 / 5.0
$327,600 home value, $1,365/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
A
Education
4.3 / 5.0
41.7% bachelor's degree or higher

Income Overview

Median Household Income
$84,752
13% above
US avg: $75,149
Per Capita Income
$40,763
4% above
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
6.1%
51% below
US avg: 12.4%

Income Comparison: Concord vs. U.S. Average

Each bar shows Concord’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$84,752
113%
Per Capita
US: $39,052
$40,763
104%
IRS Avg AGI
US: $72,000
$84,123
117%
Avg Weekly Wage
US: $1,432
$1,087
76%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,087
24% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
16.0%
5% above US avg (15.2%)
Drive Alone
72.5%
1% below US avg (73.2%)
Public Transit
0.7%
87% below US avg (5.0%)
County GDP
$12,962M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 72.5%
Public Transit 0.7%
Work From Home 16%
Other 10.8%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
6,614
Restaurants
487
Healthcare
457
Retail
754
Manufacturing
172

Tax & Financial

IRS Avg Adjusted Gross Income
$84,123
17% above US avg ($72,000)
Avg Property Tax
$4,546
30% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$84,752
Per Capita Income$40,763
IRS Avg Adjusted Gross Income$84,123
Avg Weekly Wage$1,087
County GDP$12,962M

Hardship Indicators

Unemployment Rate3.4%
Poverty Rate6.1%
Gini Coefficient0.435
Cost of Living Index94.3

Commute

Mean Commute28 minutes
Drive Alone72.5%
Public Transit0.7%
Work From Home16.0%

Businesses

Total Establishments6,614
Restaurants487
Healthcare457
Retail754
Manufacturing172

Tax

IRS Avg AGI$84,123
Avg Property Tax$4,546