Concord, NC Relocation Guide (2026)
Cost of living, housing, and income data for Concord, sourced from the US Census Bureau.
Salary needed to live in Concord →
Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.
Roughly 105,335 people call Concord, North Carolina home. Household income runs $83,480 at the median, above what we see across the broader set of cities (+16%).
Housing costs are a defining factor for anyone relocating to Concord. The median home value sits at $288,100 (below the multi-city median at -12%), while renters pay a median of $1,259 per month. Buyers should weigh current mortgage rates and local property taxes against these figures before committing.
Home prices in Concord run about 3.5× the typical household income — among the more affordable ratios we track, and a favorable starting point for buyers. Year-over-year, home values around Concord are up 2.09%, a pace in line with a healthy, unremarkable market. Concord carries a Relatively Moderate hazard rating from FEMA, on the lower end of what we track.
Personal Affordability Check
Renting at $1,259/mo in Concord would take 18.1% of your income.
$828/mo under the 30% guideline.
Buying the median home ($288,100) would take 22.1% of your income toward principal & interest.
$410/mo under the 28% guideline.
Cost of housing in Concord
Median home value is $288,100 and median gross rent is $1,259/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.
FHFA's county-level home price index for Cabarrus rose 2.09% over the past year (as of 2025).
HUD's FY 2026 Fair Market Rent for a 2-bedroom unit in the surrounding county is $1,686/month.
Climate & home insurance
FEMA rates Concord's overall natural-hazard risk as Relatively Moderate. Risk level is a major driver of home insurance premiums.
Safety
Concord reported a violent crime rate of 117.2 per 100,000 residents in 2025, per FBI data.
Moving to Concord
Planning a move to Concord? Compare licensed movers and get quotes based on your origin and move date.
Frequently asked questions
- What is the cost of living in Concord, NC?
- In Concord, the median home value is $288,100 and median rent is $1,259 per month, against a median household income of $83,480. These figures come from the US Census Bureau ACS 5-Year (2022).
- How much do you need to earn to live comfortably in Concord?
- Using the standard 30%-of-income rule of thumb, affording Concord's median rent of $1,259/month takes an income of roughly $50,360 a year. See the full salary breakdown (renting and buying) for Concord.
- Is it better to rent or buy in Concord?
- Concord's median rent of $1,259/month translates to about $50,360 a year needed to rent comfortably, versus roughly $65,916 a year for principal and interest on the $288,100 median home (20% down, 30-year fixed, today's rates). How long you'll stay is usually the deciding factor.
- Is Concord safe?
- In 2025, Concord reported 117.2 violent crimes per 100,000 residents, according to FBI data.
See the full salary breakdown for Concord →
Cities with a similar cost of living
Matched on median rent and household income within 15% of Concord's.