Concord is a larger medium-sized city located in the state of North Carolina. With a population of 109,896 people and 27 associated neighborhoods, Concord is the tenth largest community in North Carolina. Much of the housing stock in Concord was built relatively recently. The construction of new real estate can often be taken as an indication that the local Concord economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Concord, where the median household income is $83,480.00.
Also of interest is that Concord has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.22% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The education level of Concord ranks among the highest in the nation. Of the 25-and-older adult population in Concord, 40.83% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Concord in 2022 was $39,148, which is wealthy relative to North Carolina, and upper middle income relative to the rest of the US. This equates to an annual income of $156,592 for a family of four. However, Concord contains both very wealthy and poor people as well.
Concord is an extremely ethnically-diverse city. The people who call Concord home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Concord residents report their race to be White, followed by Black or African-American. Concord also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.87% of the city’s residents. Important ancestries of people in Concord include German, English, Irish, Italian, and African.
The most common language spoken in Concord is English. Other important languages spoken here include Spanish and Langs. of India.