Zip 94520 (Concord, CA) Economy


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94520 Concord, CA is an excellent place to live with affordable rent and a low cost of living. The 2 bedroom rent in 94520 Concord is $2,090 which is much lower than the US average at $1,430. Additionally, the grocery cost index in 94520 Concord is 109 versus 100 in the US, further reducing household costs. There are many local companies to work for such as Kaiser Permanente, General Electric Company (GE), Chevron Corporation and 24-Hour Fitness. Each of these companies offer competitive salaries and excellent employee benefits packages contributing to 94520 Concord’s reputation as an ideal place to live and work.

Concord (zip 94520) has an unemployment rate of 6.4%. The US average is 6.0%.

Concord (zip 94520) 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 (zip 94520)
- The Sales Tax Rate for Concord (zip 94520) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Concord (zip 94520) 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 (zip 94520)
- The average income of a Concord (zip 94520) resident is $21,129 a year. The US average is $28,555 a year.
- The Median household income of a Concord (zip 94520) resident is $71,846 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%
  $33,326$37,638
  $71,846$69,021
  $80,131$85,028
  Population by Occupation
  0.5%1.2%
  0.3%0.5%
  6.4%6.8%
  6.5%10.0%
  0.9%2.5%
  10.6%11.0%
  3.2%4.8%
  1.3%0.8%
  1.5%1.9%
  3.9%4.7%
  1.8%1.9%
  7.5%7.6%
  0.0%0.1%
  9.9%4.2%
  6.8%9.3%
  11.8%14.0%
  2.4%2.1%
  14.1%7.0%
  7.4%4.8%
  3.2%4.7%
Reviews for Concord
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Over 17 years ago

Concord is a growing suburb with enough variety of entertainment options. It's still not the safest place in my opinion, as you'll see random cluster of people hanging  More

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