Concord, MA
Maps & Population Facts
Population
19,357
Population Density
790
Labor Participaton
56.0%
Bachelor's or Higher
71.4%
Median Household Income
$137,743
Median Individual Income
$69,627
Median Individual Income(Full-time Workers Only)
$106,889
Housing Estimates
Median House Value
$781,500
Median Gross Rent
$2,006
Median Mortgage Payment
$3,497
Housing Units
7,319
People who reside in Concord live in:
Detached - Single Family Homes
69%
Apt, Condo, Other
31%
Analysis
Income
Households in Concord earn significantly more money than the national median income, averaging 1.28% higher per household.
Housing
Concord has a median house price of $781,500, which makes it one of the most expensive places in the United States to own property. The cost of renting in Concord is 98% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 15% |
Demographics
The median age in Concord is 47. Concord has a population that is significantly older than in comparison to the US median age.
Concord ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Concord | Massachusetts | USA | |
| Median Property Value | 781,500 | 385,400 | 217,600 |
| Median Mortgage Payment | 3,497 | 2,108 | 1,513 |
| Median Gross Rent | 2,006 | 1,208 | 1,012 |
| Property Vacancy | 8.2% | 10.0% | 12.6% |
| % Renters | 23% | 38% | 36% |
| Residents per Sq. Mi. | 790 | 885 | 93 |
Personal Comparison
| Concord | Massachusetts | USA | |
| Median Household Income | 137,743 | 77,385 | 60,336 |
| Median Individual Income | 69,627 | 41,700 | 33,646 |
| Median Income (Full-Time) | 106,889 | 60,923 | 46,881 |
| Median Age | 46.6 | 39.5 | 38.1 |
| Labor Participation | 56.0% | 67.8% | 62.8% |
| Attained College Degree | 71.4% | 43.4% | 32.0% |
Population Density Analysis
Concord, MA
790
Residents per Sq. Mile
The population density of Concord is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +