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.