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Concordia

Learn about the people, housing, costs and businesses in Concordia, New Jersey

Median Home$345,200
Median Rent$1,894/month
Population2,673
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Education44% public administration
Home Value Growth⬆⬆+20.7% over 2 years
Retirees85% of residentstop 1% nationally
Homeowners79% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Concordia
NJ

Frequently Asked Questions

What are today's mortgage rates in Concordia?

As of today, the 30-year fixed mortgage rate for Concordia is approximately 6.912% (6.949% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Concordia?

The median home value in Concordia is $345k. The median monthly rent is $1,894. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Concordia?

Home values in Concordia have increased 20.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Concordia?

Based on a typical all-in ownership cost of $1,432/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Concordia is $65k/year.

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What industries drive the economy in Concordia?

The largest employment sectors in Concordia are public administration (44%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.