Wealth Index

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

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Income Statistics Overview

See income data visualized

Metric Concord North Carolina Avg US Average
Median Household Income $82,058 $69,937 $78,145
Median Personal Income $82,058 $69,937 $78,145
Average income growth 5.5% 5.5% 5.5%

Household Income Trend

Median Household Income Over Time

Concord
United States
Year Concord United States

Economic Inequality in Concord | Gender Pay Gap | Gini Index

Metric Concord North Carolina Avg US Average
Gini Index 0.560 0.561 0.570
Male Median Income $62,388 $60,778 $67,746
Female Median Income $54,434 $50,560 $54,793
Gender Pay Gap 12.7% 16.8% 19.1%

Income by Sex Over Time

Male
Female
Year Male Income Female Income Gap %

Employment

Metric Concord North Carolina Avg US Average
Unemployment Rate 5.1% 4.7% 5.2%
Working from Home 15.4% 14.5% 13.4%
Commute time (minutes) 23 21 22

Unemployment Rate Over Time

Concord
United States
Year Concord United States