Concord employment information

IndexConcordVirginiaNational
Income per capita$29,189$34,967$29,829
Median household income$65,014$66,149$55,322
Median income owner occupied$65,934$82,180$70,586
Median income renter occupied$0$42,481$35,192
Median earnings male$35,000$41,712$36,919
Median earnings female$35,800$29,664$26,250
Unemployment rate2.9%3.8%4.7%
Poverty level2.1%11.4%15.1%
The Concord, VA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Concord is $29,189, which is 17% lower than than the Virginia average and 2% lower than than the national average. The median household income is $65,014, which is 2% lower than than the Virginia average and 18% higher than than the national average. The unemployment rate in Concord is 3%, which is 39% lower than than the national average. The poverty rate in Concord is 2% which is 86% lower than than the national average.

am i middle class

$Input your household income
$43,338$65,014$130,028
City
$44,094$66,149$132,298
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Concord is 2% lower than the national average.
  • The median household income in Concord is 18% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Concord is 39% lower than the national average.
  • The poverty level in Concord is 86% lower than the national average.

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Compare Concord, VA Employment To Other Cities

Employment status

Hours worked per week

Concord median earnings by income bracket

Concord employment by industry

Labour TypeMaleFemale
Construction industry24.9%12.0%
Manufacturing sector21.3%3.8%
Financial & insurance services0.0%1.8%
Wholesale & retail services4.8%11.0%
Public administration12.8%0.0%
Transportation, warehousing & utilities0.0%4.8%
Education, health & social services7.5%34.3%
Other28.6%31.1%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Piney Mountain, VA1,589$59,4057%
Timberlake, VA13,127$49,60210%
Lynchburg, VA78,755$40,72826%
Madison Heights, VA10,637$38,31231%
Appomattox, VA2,062$31,64543%
Concord, VA1,484$65,01418%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Big Timber, MT1,484$41,31625%
Gregory, SD1,485$32,25042%
Greenville, VA1,485$58,2715%
Linn, MO1,485$36,56334%
Akron, IA1,485$44,61519%
Concord, VA1,484$65,01418%
Source: The Concord, VA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).