Concord, North Carolina

Population

Growing. Up 9.3% since 2020.

114,598

people, the 10th-largest of North Carolina's cities and towns.

Census Population Estimates, 2025. Rank among North Carolina's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

8 in 10 jobs here go to people who live somewhere else.

84.0%

of 60,370 jobs located in Concord are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Unemployment, 2026

The low came in April: 3.5%.

3.7%

in August 2026, the latest month released. A year earlier it was 4.0%.

BLS Local Area Unemployment Statistics, monthly, through August 2026. Not seasonally adjusted, so compare with the same month a year earlier. Sources: BLS Local Area Unemployment Statistics

Rent

Median rent is up 99% since the 2005–2009 survey, before inflation.

$1,451

a month. North Carolina's median is $1,228.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent doubles.

A $1,264 gap between neighbors, the sharpest rent edge between adjacent tracts in Cabarrus County.

• $1,274 Tract 415.07
• $2,538 Tract 415.04

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$940–$1,410

is the monthly rent range local workforce wages support.

• $1,451 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

53% of the housing here was built before 2000.

• 53% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 0.4–1.4% to the 43,142 homes here.

165–604

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 22% more than North Carolina's.

$353,700

median home value in Concord.

• $353,700 Concord
• $288,900 North Carolina
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year