Living in Matthews, Missouri
Cost of living, income, home prices, rent and demographics of Matthews · Census data 2020–2024
Matthews has 561 residents with a median age of 53.2. The median household income is $42,695 (40% lower than the Missouri median), the median home value is $108,400, the median rent is $749/month.
Matthews is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Matthews at a glance
- Population
- 561
- Median age
- 53.2State: 39
- Median household income
- $42,695State: $70,702
- Median home value
- $108,400State: $230,300
- Median rent
- $749/moState: $1,033
- Homeowners
- 63.2%
- Bachelor's degree or higher
- 4%
- Average commute
- 20 min
Is Matthews a good place to live?
Pros: Home values 53% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 40% lower than the Missouri median; unemployment of 10.8%; a poverty rate of 14.4%.
The weather is best in April–May and September–October.
Cost of living in Matthews
Housing is the biggest part of the cost of living. In Matthews the median home value is $108,400, 67% lower than the U.S. median. Renters pay a median of $749 per month, which is 22.2% of household income. Homeowners with a mortgage pay $967 a month in housing costs.
Matthews median household income
The median household income in Matthews is $42,695 and the income per person is $18,599. 14.4% of residents live below the poverty line (Missouri: 12.6%).
Housing in Matthews: homes for sale and rent
- Housing units
- 315
- Owner-occupied
- 63.2%
- Renter-occupied
- 36.8%
- Vacant
- 24.1%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.09
Matthews demographics
- Population
- 561
- Median age
- 53.2
- Under 18
- 14.4%
- 65 and older
- 26.2%
- Households
- 239
- Foreign-born
- 0%
- Veterans
- 14.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Matthews ›
Education in Matthews
4% of adults 25 and older in Matthews have a bachelor's degree or higher (Missouri: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Matthews
- Unemployment rate
- 10.8%State: 4%
- Average commute
- 20 minState: 24 min
- Work from home
- 7.9%
- Drive alone
- 90.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89.1%
Matthews vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Matthews | 561 | $42,695 | $108,400 | $749 |
| Canalou | 177 | $46,875 | $32,000 | — |
| Sikeston | 16,320 | $58,915 | $168,800 | $891 |
| Morehouse | 715 | $32,254 | $56,000 | $475 |
| East Prairie | 2,902 | $34,637 | $68,400 | $750 |
| Miner | 950 | $52,000 | $131,600 | $713 |
| Lilbourn | 905 | $40,625 | $57,300 | $646 |
| New Madrid | 2,662 | $57,727 | $127,500 | $786 |
| Bertrand | 732 | $54,688 | $86,300 | $650 |
More for people moving to Matthews
Matthews ZIP code ›Weather and climate ›Living in Matthews: FAQ
What is the median household income in Matthews, MO?
The median household income in Matthews is $42,695, 40% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Matthews?
The median home value in Matthews is $108,400, compared with $230,300 in Missouri.
How much is rent in Matthews?
The median gross rent in Matthews is $749 per month, about 22.2% of household income.
Is Matthews, MO a good place to live?
Pluses: home values 53% lower than the state median; an average commute of 20 minutes. Minuses: median household income 40% lower than the Missouri median; unemployment of 10.8%; a poverty rate of 14.4%.
What is the median age in Matthews?
The median age in Matthews is 53.2 years (Missouri: 39).
How long is the commute in Matthews?
The average commute to work in Matthews is 20 minutes; 7.9% of workers work from home.
What is the unemployment rate in Matthews?
The unemployment rate in Matthews is 10.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Matthews?
4% of adults in Matthews have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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