Concord, California Income Statistics
Concord Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Concord Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Concord | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $107,583 | $99,161 | $80,455 |
| Median Personal Income | $78,216 | $67,742 | $60,758 |
| Average Yearly Income Growth | 5.2% | 5.6% | 4.8% |
| Six-Figure Earners | 20.0% | 17.6% | 13.9% |
| $200k+ Households | 21.2% | 20.5% | 13.2% |
The median household income in Concord is about 8% higher than in California. Income has been growing slower in Concord (5.2%/yr) than in California (5.6%/yr).
About 20% of adults in Concord earn six figures ($100,000 or more) a year, higher than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Concord, California grew by 67.5% from 2009 to 2024, reaching $107,583 in 2024. That's an average of about 5.2% per year.
Concord has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2011, at 24% higher. The gap has widened from 26% in 2009 to 34% in 2024.
Income Distribution in Concord
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 24,335 households (52.8% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 14.0% of households in Concord had an income under $35,000 and 34.9% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Concord has a larger share of households earning $200,000 or more (21.2% vs 13.2%) and a smaller share earning $35,000 to $49,999 (6.8% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,626 | 3.5% | 5.1% |
| $10,000 to $14,999 | 1,056 | 2.3% | 3.5% |
| $15,000 to $24,999 | 1,582 | 3.4% | 6.4% |
| $25,000 to $34,999 | 2,165 | 4.7% | 6.7% |
| $35,000 to $49,999 | 3,121 | 6.8% | 10.1% |
| $50,000 to $74,999 | 6,761 | 14.7% | 15.5% |
| $75,000 to $99,999 | 5,425 | 11.8% | 12.6% |
| $100,000 to $149,999 | 8,251 | 17.9% | 17.4% |
| $150,000 to $199,999 | 6,330 | 13.7% | 9.5% |
| $200,000 or more | 9,755 | 21.2% | 13.2% |
Shares are of all 46,071 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 20,366 residents (20.0% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 22.9% of residents who have any income.
In 2024, 12.5% of Concord residents aged 15 and over reported no personal income, 24.0% had some income but less than $25,000, and 29.9% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Concord has a larger share of residents earning $100,000 or more (20.0% vs 13.9%) and a smaller share earning $35,000 to $49,999 (10.5% vs 12.6%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 12,774 | 12.5% | 12.8% |
| $1 to $9,999 | 9,831 | 9.7% | 11.2% |
| $10,000 to $14,999 | 5,755 | 5.7% | 7.0% |
| $15,000 to $24,999 | 8,878 | 8.7% | 10.5% |
| $25,000 to $34,999 | 9,038 | 8.9% | 9.5% |
| $35,000 to $49,999 | 10,728 | 10.5% | 12.6% |
| $50,000 to $74,999 | 14,417 | 14.2% | 14.3% |
| $75,000 to $99,999 | 10,051 | 9.9% | 8.2% |
| $100,000 or more | 20,366 | 20.0% | 13.9% |
Shares are of the 101,838 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 12.5% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Concord
| Metric | Concord | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.537 | 0.572 | 0.552 |
| Male Median Income | $84,665 | $75,172 | $69,667 |
| Female Median Income | $77,454 | $66,071 | $56,850 |
| Gender Pay Gap | 8.5% | 12.1% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Concord, it is 0.537, lower than California's 0.572, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 9% more than women's income in Concord, California. Over a 35-year career, a 9% wage gap accumulates to roughly $252,385 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Concord, California has narrowed from about 13% to 9% in 2024. Over that period the gap was widest at 21% in 2019, and was narrowest at 7% in 2023. In dollar terms, the gap has narrowed by $27 since 2009.
Employment
| Metric | Concord | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 6.6% | 5.2% |
| Working from Home | 17.4% | 17.2% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 3,658 people are unemployed in Concord, California.
The average commute time in Concord is 27 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Concord, California has fallen from 9.9% to 5.5% in 2024. Over that period the rate peaked at 11.4% in 2013 and fell as low as 4.6% in 2020.
Concord has been above the U.S. unemployment rate in most years since 2011, but dipped below it in 2019-2023 (as much as 0.8 points lower). In 2024 its rate was 0.2 points higher.
Conclusion
Considering all these factors, Concord, California has an overall wealth index grade of B, making it somewhat better than California, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Concord, California.
How Rich Is Concord, California?
Concord has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $107,583, about 8% higher than the California average of $99,161.
Are incomes growing in Concord, California?
Between 2009 and 2024, the median household income in Concord, California rose 67%, from $64,244 to $107,583. Over the same years, income here outpaced California as a whole: +67% against +64%.
What was the median household income in Concord in 2023?
In 2023, the median household income in Concord, California was $108,181, up 2% from $106,296 in 2022. The California median that year was $96,718.
What was the median household income in Concord in 2020?
In 2020, the median household income in Concord, California was $91,004. By 2024 it had risen 18% to $107,583.
What is the Gini coefficient in Concord, California?
The Gini coefficient in Concord is 0.537. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Concord, California?
Since 2009, the income gap between men and women in Concord, California has narrowed from about 13% to 9% in 2024. Over that period the gap was widest at 21% in 2019, and was narrowest at 7% in 2023. In dollar terms, the gap has narrowed by $27 since 2009.
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