salaryRent is higher than in 65% of U.S. cities. A typical house costs about 3.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $77,160 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other North Carolina cities?
No. Rent here is more expensive than in most of North Carolina. It is number 132 of 164 cities from cheapest to most expensive.
How much do households earn in Concord?
Share of households by yearly income. 32.9% of households earn $100,000 or more.
Rent by apartment size in Concord
| Size | Concord | U.S. average |
|---|---|---|
| Studio | $1,213 | $1,338 |
| 1 bedroom | $1,316 | $1,324 |
| 2 bedrooms | $1,480 | $1,509 |
| 3 bedrooms | $1,696 | $1,698 |
| 4 bedrooms | $2,081 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Concord overall?
Everyday prices in the Charlotte-Concord-Gastonia metro area are 3% below the U.S. average (index 97.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Concord
Life in Concord
What jobs pay in Concord
| Job | Median pay | Rent / pay |
|---|---|---|
| Lawyer | $157,180 | 14.7% |
| Pharmacist | $150,580 | 15.4% |
| Software Developer | $135,920 | 17.0% |
| Physician Assistant | $133,140 | 17.4% |
| Nurse Practitioner | $130,310 | 17.8% |
| Operations Manager | $112,730 | 20.5% |
| Computer Systems Analyst | $110,790 | 20.9% |
| Civil Engineer | $102,370 | 22.6% |
| Dental Hygienist | $98,390 | 23.5% |
| Accountant | $92,910 | 24.9% |
| Registered Nurse | $90,620 | 25.5% |
| Market Research Analyst | $82,930 | 27.9% |
| Licensed Practical Nurse | $65,140 | 35.5% |
| Police Officer | $63,190 | 36.6% |
| HVAC Technician | $59,840 | 38.7% |
| Electrician | $59,080 | 39.2% |
| Plumber | $58,690 | 39.4% |
| Elementary School Teacher | $58,680 | 39.4% |
| Truck Driver | $56,120 | 41.2% |
| Carpenter | $50,960 | 45.4% |
| Medical Assistant | $46,520 | 49.8% |
| Customer Service Representative | $44,980 | 51.5% |
| Nursing Assistant | $39,430 | 58.7% |
| Warehouse Worker | $38,850 | 59.6% |
| Firefighter | $38,700 | 59.8% |
| Restaurant Cook | $37,030 | 62.5% |
| Server (Waiter/Waitress) | $36,430 | 63.5% |
| Retail Salesperson | $33,580 | 68.9% |
| Cashier | $29,610 | 78.2% |
Is it cheaper to rent or buy in Concord?
Renting is cheaper right now: about $525 a month less.
Owning assumes a typical $353,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,370 for the down payment.
Frequently asked questions
What is the average rent in Concord, NC?
Renting in Concord costs a median of about $1,929 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in Concord?
To keep rent under 30% of income, you need about $77,160 a year, or $37 an hour at a full-time job.
Is Concord cheap or expensive?
Concord is rated OK: rent takes 24.7% of the typical household income of $93,744. It ranks 132nd cheapest of 164 North Carolina cities we track.
How much are property taxes in Concord?
The median homeowner in Concord pays $2,757 a year in property taxes, about 0.78% of the median home value.
Is Concord more expensive than the national average?
Overall prices in the metro area are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Concord?
The median home value in Concord is $353,700, about 3.8 times the typical yearly household income.
108,719 people live in Concord. Numbers are typical (middle) values.