Concord, CA Economy


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Concord, California is a beautiful city located in the Bay Area and is home to many exciting attractions. For those looking to live in the area, the average rent for a two-bedroom apartment comes in at $2,380. This is higher than the US average of $1,430 for the same type of accommodation. Grocery costs tend to be higher in Concord as well - with an index of 110 versus 100 nationally. Popular local companies include Contra Costa County Library, Sleep Train Pavilion and Kaiser Permanente Medical Center. Visitors can explore Mount Diablo State Park or take a stroll through Downtown Concord’s vibrant shopping district. The city also hosts numerous festivals and events throughout the year such as Art & Wine Festival and Taste of Concord. With so much to offer, Concord has something for everyone making it a great place to live or visit!

Concord has an unemployment rate of 6.4%. The US average is 6.0%.

Concord has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Concord
- The Sales Tax Rate for Concord is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Concord is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Concord
- The average income of a Concord resident is $31,404 a year. The US average is $28,555 a year.
- The Median household income of a Concord resident is $100,011 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConcord, CaliforniaUnited States
  6.46
  -9.0%-6.2%
  35.8%33.5%
  8.8%6.2%
  8.0%4.6%
  $43,888$37,638
  $100,011$69,021
  $112,133$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  7.2%6.8%
  6.2%10.0%
  1.7%2.5%
  10.0%11.0%
  3.3%4.8%
  1.1%0.8%
  2.1%1.9%
  5.5%4.7%
  2.2%1.9%
  10.1%7.6%
  0.1%0.1%
  6.5%4.2%
  8.9%9.3%
  12.9%14.0%
  2.0%2.1%
  8.9%7.0%
  6.5%4.8%
  4.4%4.7%
Reviews for Concord
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Over 3 years ago

I've lived here for 13 years. Concord has easy access to Walnut Creek and Pleasant Hill and is about 25 minutes from Oakland, and 45 minutes from San Francisco.  More

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I moved to Concord 20 years ago and have loved living here. It has a charming central square downtown that hosts farmers markets two days a week. I love the Music &  More

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We Moved to Concord from the Los Angeles area in 1982 as a young couple starting a family. Concord has been a great place to raise kids. Low crime and great people.  More

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