The Euclidean concentration inequality states that, among sets with fixed volume, balls have $r$-neighborhoods of minimal volume for every $r>0$. On an arbitrary set, the deviation of this volume growth from that of a ball is shown to control the square of the volume of the symmetric difference between the set and a ball. This sharp result is strictly related to the physically significant problem of understanding near maximizers in the Riesz rearrangement inequality with a strictly decreasing ra...