Most of Concord is in Cabarrus County, where a full-time job needs to pay at least $40.14 an hour before taxes to take home four times the typical studio rent.
Across the 3 ZIP codes in Concord with HUD rent figures, studio rents run from $1,340 to $1,580 a month. At the middle rent, $1,440, a full-time job would need to pay $46.92 an hour before taxes.
What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.
| ZIP | County | Studio rent | Pay needed |
|---|---|---|---|
| 28025 | Cabarrus County | $1,340/mo | $43.15/hr |
| 28026 | Cabarrus County | $1,440/mo | $46.92/hr |
| 28027 | Cabarrus County | $1,580/mo | $52.19/hr |
Under the Four Times Rent standard, a full-time job in Concord needs to pay at least $40.14 an hour before taxes, about $83,488 a year. That is the figure for Cabarrus County, where the typical studio rent is $1,260 a month.
Yes. Across the 3 ZIP codes in Concord with HUD rent figures, studio rents run from $1,340 to $1,580 a month. At the middle rent of $1,440, the pay needed would be $46.92 an hour.
The minimum wage in Cabarrus County is $7.25 an hour. The Four Times Rent standard there is 5.5 times that.
The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads