Concord, CA
Contra Costa County · Pop. 129,227
Ranked #212 of 243 cities
22Crisis
Median Home Price
🏠$720K
3.0% YoY
Median Rent
🔑$2,300
2.5% YoY
Median Income
💰$82K
Rent Burden
📊34.5%
% of income to rent
Income to Buy
🏦$207K
annual income needed
Income to Rent
📝$92K
annual income needed
Price-to-Income
⚖️8.8x
Homeownership
🏡52.0%
Rent vs. Buy
Buy
$3,832/mo
Est. mortgage (7%, 20% down)
Need $207K/yr income
Rent
$2,300/mo
Median rent
Need $92K/yr income
How Concord Compares
| Metric | Concord | California | National |
|---|---|---|---|
| Home Price | $720K | $726K | $410K |
| Rent | $2,300 | $1,992 | $1,500 |
| Income | $82K | $96K | $75K |
| Rent Burden | 34.5% | 40.5% | 30.0% |
Key Takeaways
- • Home prices in Concord are 76% higher than the national average.
- • Rent is 53% higher than the national average.
- • You need an income of $207K to comfortably buy a home here.
- • The homeownership rate is 52.0%, compared to 65.0% nationally.