Concord, CA

Very High · 187

California · Population 124,260 · Updated March 2026

$2,226
Median Rent / Month
$109,195
Median Income
$755,900
Median Home Value
$2,284
Owner Costs / Month

Affordability

How far your income goes in Concord

24.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$26,712
Annual Rent
$14,523
State Income Tax
$5,367
Property Tax (est.)

Cost of Living Overview

Concord has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 187 (where 100 equals the national median), Concord residents can expect to pay median rent of $2,226/month while earning a median household income of $109,195/year.

The median home value in Concord, CA is $755,900, with typical monthly owner costs around $2,284 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Concord.

Frequently Asked Questions

Common questions about living costs in Concord

What is the cost of living in Concord, CA?
The cost of living index in Concord, CA is 187 (US average = 100). Median monthly rent is $2,226, median household income is $109,195/year, and the median home value is $755,900.
Is Concord, CA affordable?
No, Concord is more expensive than the national average with a cost index of 187. The rent-to-income ratio is 24.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Concord, CA?
The median gross rent in Concord, CA is $2,226 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,712.
What is the median household income in Concord?
The median household income in Concord, CA is $109,195 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.

Compare Concord With

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