How many renters in Concord, NC pay more than 30% of their income on rent?

51.7% (±4.9 points) of renting households in Concord, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

42.8% spend 35% or more.

The median renting household spends 31.0% of its income on rent.

Figures last updated on .

Paying 30% or more
51.7% (±4.9 points)
Paying 35% or more
42.8% (±4.0 points)
Median share of income
31.0% (±2.4 points)

Rent as a share of income in Concord

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentConcordCabarrus CountyNorth CarolinaUnited States
Less than 15%11.0% (±2.8 points)11.9%14.1%12.6%
15% to 19.9%11.2% (±2.1 points)12.5%12.6%12.2%
20% to 24.9%13.2% (±2.9 points)13.2%13.2%12.6%
25% to 29.9%12.9% (±2.8 points)12.3%11.3%11.5%
30% to 34.9%8.9% (±2.9 points)9.2%9.3%9.2%
35% or more42.8% (±4.0 points)40.8%39.6%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Concord against Cabarrus County, its state and the nation

Estimate (90% margin of error)
ConcordCabarrus CountyNorth CarolinaUnited States
Paying 30% or more51.7% (±4.9 points)50.0% (±3.9 points)48.9% (±0.6 points)51.1%
Paying 35% or more42.8% (±4.0 points)40.8% (±3.2 points)39.6% (±0.5 points)41.9%
Median share of income31.0% (±2.4 points)30.0% (±1.6 points)29.5% (±0.2 points)30.6%
Median renter household income$60,361 (±$4,448)$58,854 (±$2,658)$48,010 (±$418)$52,966
Median gross rent$1,451 (±$63)$1,414 (±$42)$1,228 (±$5)$1,413

In Concord, the share of renters paying 30% or more of income is not measurably different from Cabarrus County (50.0%).

It is not measurably different from North Carolina (48.9%).

It is not measurably different from the national figure (51.1%).

In Cabarrus County, Concord ranks 1 of 5 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 280 of 650.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Concord

Nearest places with a published estimate, compared with Concord
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Concord—51.7% (±4.9 points)—
Harrisburg5.9 mi34.8% (±20.9 points)Not measurably different
Kannapolis6.0 mi48.7% (±6.7 points)Not measurably different
Enochville9.0 mi16.1% (±19.4 points)Lower
Landis11 mi12.5% (±17.0 points)Lower
Mount Pleasant11 mi31.0% (±14.3 points)Lower
Midland12 mi42.8% (±27.0 points)Not measurably different
Davidson12 mi48.9% (±12.4 points)Not measurably different
China Grove13 mi79.8% (±17.4 points)Higher

Nearby places with a measurably lower figure: Enochville, NC (16.1%), Landis, NC (12.5%), Mount Pleasant, NC (31.0%).

Nearby places with a measurably higher figure: China Grove, NC (79.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Cabarrus County, place by place

RankPlaceRenters paying 30% or more of income
1Concord51.7% (±4.9 points)
2Kannapolis48.7% (±6.7 points)
3Midland42.8% (±27.0 points)
4Harrisburg34.8% (±20.9 points)
5Mount Pleasant31.0% (±14.3 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in Concord

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Concord, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Concord beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Concord, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Concord

Are renters in Concord rent-burdened?

51.7% of renting households in Concord pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Concord spend on rent?

The median renting household in Concord, NC spends 31.0% (±2.4 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Concord city, North Carolina (place:14100, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related