What is the median household income in the Town of Concord, WI?
The median household income in the Town of Concord, WI is $107,969 (±$18,276) a year (2020–2024 American Community Survey).
Paying the median gross rent of $625 a month would take about $25,000 a year at the common guideline of spending no more than 30% of income on rent.
In the Town of Concord, the median household income went from $72,214 in 2015–2019 to $107,969 in 2020–2024 (+49.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $107,969 (±$18,276)
- Median renter income
- $158,419 (±$59,826)
- Income to afford median rent
- about $25,000
Income in the Town of Concord against Jefferson County, its state and the nation
| Town of Concord | Jefferson County | Wisconsin | United States | |
|---|---|---|---|---|
| Median household income | $107,969 (±$18,276) | $83,750 (±$2,615) | $77,485 (±$455) | $80,734 |
| Median renter household income | $158,419 (±$59,826) | $56,288 (±$6,943) | $48,374 (±$478) | $52,966 |
| Median owner household income | $102,188 (±$18,751) | $95,581 (±$3,779) | $95,874 (±$462) | $100,009 |
| Median gross rent | $625 (±$19) | $1,035 (±$34) | $1,087 (±$4) | $1,413 |
In the Town of Concord, median household income is higher than in Jefferson County ($83,750).
It is also higher than in Wisconsin ($77,485).
It is higher than the national figure ($80,734).
In Jefferson County, the Town of Concord ranks 4 of 24 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 174 of 1,844.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in the Town of Concord
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $625 a month ($7,500 a year) needs an income of about $25,000 a year.
The median renting household in the Town of Concord earns $158,419 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $72,214 (±$9,333) | $107,969 (±$18,276) | +49.5% | No measurable change after inflation |
| Median gross rent | $1,050 (±$212) | $625 (±$19) | −40.5% | Down after inflation |
| Median home value | $257,800 (±$20,240) | $365,900 (±$23,591) | +41.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near the Town of Concord
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Town of Concord | — | $107,969 (±$18,276) | — |
| Sullivan | 3.7 mi | $71,250 (±$24,820) | Lower |
| Ixonia | 5.0 mi | $93,359 (±$35,914) | Not measurably different |
| Oconomowoc | 5.7 mi | $106,425 (±$11,751) | Not measurably different |
| Town of Farmington (Jefferson County) | 5.9 mi | $88,021 (±$13,572) | Not measurably different |
| Summit | 6.2 mi | $140,682 (±$29,729) | Not measurably different |
| Town of Ixonia | 6.4 mi | $89,427 (±$11,832) | Not measurably different |
| Town of Sullivan | 6.6 mi | $85,833 (±$8,331) | Lower |
| Lac La Belle | 6.8 mi | $213,958 (±$26,508) | Higher |
Nearby places with a measurably lower figure: Sullivan, WI ($71,250), Town of Sullivan, WI ($85,833).
Nearby places with a measurably higher figure: Lac La Belle, WI ($213,958).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Jefferson County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 (tie) | Town of Cold Spring | $125,000 (±$22,262) |
| 1 (tie) | Town of Waterloo (Jefferson County) | $125,000 (±$18,326) |
| 3 | Town of Lake Mills | $119,485 (±$15,669) |
| 4 | Town of Concord | $107,969 (±$18,276) |
| 5 | Town of Aztalan | $105,000 (±$22,785) |
| 6 | Town of Koshkonong | $102,831 (±$9,118) |
| 7 | Johnson Creek | $100,685 (±$19,461) |
| 8 | Town of Watertown | $99,886 (±$20,292) |
| 9 | Town of Jefferson (Jefferson County) | $99,667 (±$35,158) |
| 10 | Town of Oakland (Jefferson County) | $94,603 (±$16,418) |
Showing 10 of 24 places in Jefferson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Town of Concord
What is the median household income in the Town of Concord?
The median household income in the Town of Concord is $107,969 (±$18,276) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in the Town of Concord?
About $25,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $625 a month.
Have incomes in the Town of Concord kept up with inflation?
In the Town of Concord, the median household income went from $72,214 in 2015–2019 to $107,969 in 2020–2024 (+49.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in the Town of Concord?
The median renting household in the Town of Concord, WI earns $158,419 (±$59,826) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Concord town, Jefferson County, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Concord town, Jefferson County, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Concord town, Jefferson County, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Concord town, Jefferson County, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Concord town, Jefferson County, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Concord town, Jefferson County, Wisconsin
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 town, Jefferson County, Wisconsin (county subdivision:16650, in state:55 county:055).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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
- Housing in the Town of Concord at a glance
- Home values in the Town of Concord
- Homeowner costs in the Town of Concord
- Property taxes in the Town of Concord
- Types of homes in the Town of Concord
- Bedrooms in the Town of Concord
- Age of homes in the Town of Concord
- Heating fuel in the Town of Concord
- Commute and cars in the Town of Concord
- Population growth in the Town of Concord
- Wisconsin landlord and tenant rules
- Housing across Jefferson County
- Wisconsin places ranked by median household income
- Housing data for every place in Wisconsin