Can An Accountant Afford Rent in Concord, MA?

Rent-burdened — rent takes 40.7% of gross income.

Concord rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Concord median rent
$3,570/mo
Accountant salary (Massachusetts)
$105,305/yr
Rent as % of income
40.7%
Gross monthly income works out to about $8,775, and the 30% rule supports up to $2,633/mo in rent. Concord's median rent of $3,570 exceeds that threshold by $937/mo, putting an accountant salary into the rent-burdened range here. An accountant works roughly 70.5 hours a month to cover that rent.

About rent and an accountant salary

Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.

Cheaper rent nearby

These Massachusetts cities have lower median rent than Concord, which improves the affordability math on an accountant salary:

Newton, MA
$3,545/mo (40.4% of income)
Brookline, MA
$3,541/mo (40.4% of income)
Newton, MA
$3,528/mo (40.2% of income)

Compare with full rent data for Concord

View full rent data for Concord, MA

Frequently asked questions

Can an accountant afford rent in Concord, MA?

Median rent in Concord is $3,570 a month. A typical accountant in Massachusetts earns about $105,305 a year, which makes that rent 40.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can an accountant afford in Concord?

Using the 30% rule, an accountant salary in Massachusetts (~$105,305/yr) supports up to $2,633 a month in rent. Concord's current median rent is $3,570/mo, which is $937/mo over the affordability threshold.

How many hours does an accountant work to cover rent in Concord?

At an hourly equivalent of about $51 an hour, an accountant in Massachusetts works roughly 70.5 hours a month to cover Concord's median rent of $3,570.

Where is rent cheaper than Concord for an accountant?

Nearby Massachusetts cities with lower median rent include Newton ($3,545/mo), Brookline ($3,541/mo), Newton ($3,528/mo). Each shifts the affordability math materially on an accountant salary.

Methodology: Salary uses the BLS-derived Massachusetts state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Concord, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.