According to statistics, the population in Concord, NC amounts to 87,607, which shows growth 2% compared to the previous year. The median age of the city’s residents is 36. The average household income is $60,238, shifting growth 7% from the past year, and the average property value in Concord, NC growth 6% to $179,200 throughout the year.
|Number Of Employees||43,280|
|Median Property Value||$179,200|
The average household income in Concord, NC grew from $56,459 to $60,238 in the past year. This data is an estimate based upon 31,355 households in Concord, NC . The chart below presents how household income is distributed in Concord, NC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Concord, NC shifted from $169,800 to $179,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Concord, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Concord, NC properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Concord, NC compared to median property taxes around the country. The prevalent amount of property taxes in Concord, NC equals $1150, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Concord, NC increased by 8.6% to $501,831.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 84.2% to $184,000. Asking price for 2-bed apartment also increased by 19% and a place of this size will now cost you $269,011. A 3-bed apartment goes for $365,654, it decreased by 0.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 10.3% and made it up to $551,953.
The average cost of an apartment in Concord, NC rised by 5.6% to $219,900. Price reports demonstrate that house price decreased by 11.9% this month making it up to $423,292. Condos faced an upward trend these days. The median price for a condo decreased by 16.7%, it’s now available for $286,960. An average value of duplex is $4,371,980, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it decreased by 0.7%, the price tag now starts at $566,016. The property value of townhouses decreased by 10%, you’ll have to spend around $315,064 to get one.