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New Concord

Learn about the people, housing, costs and businesses in New Concord, Ohio

Median Home$219,900
Median Rent$792/month
Population2,314
Leading IndustriesManufacturing · Transportation · Agriculture & Mining3% manufacturing
Home Value Growth+4.6% over 2 years
Young Adults33% of residentswell above average
Homeowners80% of occupied units
NotableHighly Educated24% bachelor's · 12% graduate · top 21% nationally
New Concord
OH

Frequently Asked Questions

What are today's mortgage rates in New Concord?

As of today, the 30-year fixed mortgage rate for New Concord is approximately 6.963% (7.002% 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 New Concord?

The median home value in New Concord is $220k. The median monthly rent is $792. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Concord?

Home values in New Concord have increased 4.6% over the past two years. This represents moderate growth. 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 New Concord?

Based on a typical all-in ownership cost of $889/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Concord is $80k/year.

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What industries drive the economy in New Concord?

The largest employment sectors in New Concord are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.