Concord Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Concord, Massachusetts? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Concord, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Concord is $184,086.00.

The chart below shows the average household income by age in Concord.

  • Under 25
    $0.00
  • 25 to 44
    $208,594.00
  • 45 to 64
    $250,001.00
  • 65 and over
    $121,635.00

Average Household Income

A very commonly asked question is "what is the average household income in Concord, Massachusetts?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Concord is $262,537.00.

46.08% of households in Concord, Massachusetts are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Concord but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Concord

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Concord, Massachusetts easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    5.45%
  • $25,000 to $49,999
    6.27%
  • $50,000 to $74,999
    9.61%
  • $75,000 to $99,999
    4.40%
  • $100,000 to $149,999
    11.69%
  • $150,000 to $199,999
    16.49%
  • $200,000 or more
    46.08%

Per Capita Income

The per capita income is the average income of all people in Concord, Massachusetts. This is calculated by dividing the total income of all people in Concord by the total number of people in Concord.

It differs from the average or mean household income because it includes all people in Concord and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Concord, Massachusetts is $92,377.00.

Population in Concord by Race and Ethnicity

The total population in Concord is currently 18,265 people.

The race and ethnicity of the population in Concord can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Concord, Massachusetts.

  • 2.90% White
    523
  • 94.50% Black/African American
    17,256
  • 80.90% Native
    14,778
  • 5.60% Hispanic
    1,020
  • 3.60% Asian
    657
  • 0.20% Hawaiian/Pacific Islander
    34
  • 0.00% Two or more races
    0
  • 4.70% Other
    867

Population of Concord by Age and Gender

Another very important demographics statistic for Concord, Massachusetts is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 1,130 729
10 to 19 Years 1,291 1,671
20 to 29 Years 613 560
30 to 39 Years 1,047 841
40 to 49 Years 1,146 1,211
50 to 59 Years 1,362 1,303
60 to 69 Years 1,417 1,136
70 Years and over 1,180 1,628

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Concord, Massachusetts.

  • Master's degree or higher
    46.79%
  • Bachelor's degree
    39.13%
  • Some college or associate's degree
    2.04%
  • High school diploma or equivalent
    10.09%
  • Less than high school diploma
    1.95%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Concord because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Concord look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Concord, Massachusetts that are over the age of 16.

The current population in Concord that are over the age of 16 is 14,530 people.

The unemployment rate in Concord is 4.30%, which means 327 people are unemployed.

Median Age in Concord

The median age is an interesting metric because it gives us an idea of the age distribution of people in Concord, Massachusetts. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Concord is 46.3 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Concord

46.3

Total

44.9

Male

47.5

Female

Households and Families

There are a total of 6,439 households in Concord, and the average household size is 2.65 people.

For families, the total number is 4,609, and the average family size is 3.18 people.

2.00% of those families in Concord, Massachusetts are living below the poverty line.

The table below shows the poverty thresholds for Concord in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Concord, Massachusetts for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 4,055 223 331 1,830
Average Household Size 3.25 2.6 3.63 1.14
Total Families 4,055 223 331 0
Average Household Size 3.23 2.52 3.02 0

Housing Data in Concord

There are total of 6,863 housing units in Concord, Massachusetts. Of those units, 6,439 (93.82%) are occupied, and 424 (6.18%) are vacant.

Rental Rates

Of the 6,863 housing units in Concord, 1,527 (22.25%) are occupied by renters. The median rent paid by renters is $2,538.00.

Owner occupied housing units make up the remaining 70.86% of housing units, with 4,863 housing units in total.

The table below breaks down how much rent is paid by renters in Concord, Massachusetts.

  • No rent paid
    49
  • Less than $500
    75
  • $500 to $999
    42
  • $1,000 to $1,499
    66
  • $1,500 to $1,999
    149
  • $2,000 to $2,499
    413
  • $2,500 to $2,999
    243
  • $3,000 or more
    539

Property Values

The median value of a property in Concord is $1,018,100.00.

The table below breaks down the range of valuations for all properties in Concord.

  • Less than $50,000
    27
  • $50,000 to $99,999
    34
  • $100,000 to $149,999
    18
  • $150,000 to $199,999
    35
  • $200,000 to $299,999
    60
  • $300,000 to $499,999
    409
  • $500,000 to $999,999
    1,796
  • $1,000,000 or more
    2,484

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Concord, Massachusetts.

  • 1939 or earlier
    1,498
  • 1940 to 1949
    301
  • 1950 to 1959
    977
  • 1960 to 1969
    925
  • 1970 to 1979
    796
  • 1980 to 1989
    525
  • 1990 to 1999
    462
  • 2000 to 2009
    761
  • 2010 to 2013
    597
  • 2014 or later
    21

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Concord has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    328
  • 1 vehicle available
    1,799
  • 2 vehicles available
    2,959
  • 3 or more vehicles available
    1,353

Commuting to Work in Concord

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Concord, Massachusetts, how they commute, and how that correlates to other data points.

The average travel time is 32 minutes, and the chart below covers the range of travel times across the population of Concord.

  • Less than 5 minutes
    164
  • 5 to 9 minutes
    397
  • 10 to 14 minutes
    475
  • 15 to 19 minutes
    531
  • 20 to 24 minutes
    506
  • 25 to 29 minutes
    437
  • 30 to 34 minutes
    586
  • 35 to 39 minutes
    326
  • 40 to 44 minutes
    164
  • 45 to 59 minutes
    595
  • 60 to 89 minutes
    456
  • 90 or more minutes
    240

We can also look at the means of transport in Concord to see which modes of transport people are using to commute to work.

  • Drove alone
    4,157
  • Carpooled
    151
  • Public transportation
    265
  • Walked
    158
  • Other means
    146
  • Worked from home
    2,304

Conclusion

Hopefully this article has given you the demographics data you were looking for in Concord, Massachusetts.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Concord.

Link To or Reference This Page

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If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Concord Average Income, Population and Demographics". NameCensus.com. Accessed on March 28, 2024. https://namecensus.com/demographics/ohio/delaware-county/concord/.

  • "Concord Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/ohio/delaware-county/concord/. Accessed 28 March, 2024

  • Concord Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/ohio/delaware-county/concord/.