Zip 28025 (Concord, NC) Economy


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Concord, NC (28025) is a great place to call home. The average 2 bedroom rent in this city is about $1,080, which is much lower than the US average of $1,430. Additionally, the grocery cost index in this area stands at 96 compared to the national average of 100. This makes Concord an affordable and desirable location for those looking for a new place to live. Not only that but Concord also has plenty of local businesses to explore including Harris Teeter and Lowe's Home Improvement as well as many small restaurants and stores within walking distance.

Concord (zip 28025) has an unemployment rate of 4.5%. The US average is 6.0%.

Concord (zip 28025) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 46.7%, which is higher than the US average of 33.5%.

Tax Rates for Concord (zip 28025)
- The Sales Tax Rate for Concord (zip 28025) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Concord (zip 28025) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Concord (zip 28025)
- The average income of a Concord (zip 28025) resident is $23,769 a year. The US average is $28,555 a year.
- The Median household income of a Concord (zip 28025) resident is $62,468 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConcord, North CarolinaUnited States
  4.56
  -5.6%-6.2%
  46.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $32,070$37,638
  $62,468$69,021
  $81,089$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  11.2%6.8%
  8.8%10.0%
  2.4%2.5%
  12.0%11.0%
  3.2%4.8%
  1.0%0.8%
  1.5%1.9%
  6.5%4.7%
  1.4%1.9%
  5.0%7.6%
  0.5%0.1%
  4.5%4.2%
  9.0%9.3%
  14.6%14.0%
  1.3%2.1%
  8.1%7.0%
  5.5%4.8%
  3.0%4.7%
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