Cost of Living in Concord, NC

Concord has a cost of living index of 95 (100 = national average), making it more affordable than the national average. The median household income is $62,893 and the median home price is $320,000.

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Concord at a Glance

Population

105,240

Cost of Living Index

95

Median Income

$62,893

Median Home Price

$320,000

Property Tax Rate

0.87%

Sales Tax Rate

7.00%

Rent Index

90

State

North Carolina

Living in Concord

Concord offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $320,000 is well within reach for many families.

The combined sales tax rate in Concord is 7.00%, and the effective property tax rate is 0.87%. Property taxes are close to the national average.

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