Living in Matthews, North Carolina
Cost of living, income, home prices, rent and demographics of Matthews · Census data 2020–2024
Matthews has 30,577 residents with a median age of 40.1. The median household income is $108,611 (50% higher than the North Carolina median), the median home value is $445,100, the median rent is $1,764/month.
Matthews at a glance
- Population
- 30,577
- Median age
- 40.1State: 39.1
- Median household income
- $108,611State: $72,388
- Median home value
- $445,100State: $288,900
- Median rent
- $1,764/moState: $1,228
- Homeowners
- 64.4%
- Bachelor's degree or higher
- 55.2%
- Average commute
- 25 min
Is Matthews a good place to live?
Pros: Median household income 50% higher than the North Carolina median; unemployment of 2.1%; a poverty rate of 3.7%.
Cons: Home values 54% higher than the state median; an average commute of 25 minutes.
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 $445,100, 34% higher than the U.S. median. Renters pay a median of $1,764 per month, which is 28.3% of household income. Homeowners with a mortgage pay $1,986 a month in housing costs.
Matthews median household income
The median household income in Matthews is $108,611 and the income per person is $53,265. 3.7% of residents live below the poverty line (North Carolina: 13%).
Housing in Matthews: homes for sale and rent
- Housing units
- 12,588
- Owner-occupied
- 64.4%
- Renter-occupied
- 35.6%
- Vacant
- 5.8%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.55
Matthews demographics
- Population
- 30,577
- Median age
- 40.1
- Under 18
- 21.3%
- 65 and older
- 20.5%
- Households
- 11,864
- Foreign-born
- 13.4%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Matthews ›
Education in Matthews
55.2% of adults 25 and older in Matthews have a bachelor's degree or higher (North Carolina: 35.7%), and 18.2% have a graduate or professional degree.
Jobs and commute in Matthews
- Unemployment rate
- 2.1%State: 4.7%
- Average commute
- 25 minState: 25 min
- Work from home
- 18%
- Drive alone
- 69.9%
- Public transit
- 0.2%
- Walk to work
- 0.9%
- Homes with broadband
- 92.2%
Matthews vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Matthews | 30,577 | $108,611 | $445,100 | $1,764 |
| Stallings | 16,886 | $115,974 | $428,000 | $1,882 |
| Indian Trail | 42,036 | $108,483 | $385,000 | $2,077 |
| Hemby Bridge | 2,096 | $71,688 | $298,400 | $1,544 |
| Lake Park | 3,431 | $66,411 | $334,500 | $2,040 |
| Mint Hill | 27,556 | $100,860 | $428,900 | $1,528 |
| Weddington | 13,805 | $190,766 | $824,100 | $1,927 |
| Wesley Chapel | 9,090 | $132,188 | $535,500 | $3,191 |
| Charlotte | 903,844 | $82,068 | $385,700 | $1,612 |
More for people moving to Matthews
Matthews ZIP code ›Weather and climate ›Living in Matthews: FAQ
What is the median household income in Matthews, NC?
The median household income in Matthews is $108,611, 50% higher than the North Carolina median of $72,388 (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 $445,100, compared with $288,900 in North Carolina.
How much is rent in Matthews?
The median gross rent in Matthews is $1,764 per month, about 28.3% of household income.
Is Matthews, NC a good place to live?
Pluses: median household income 50% higher than the North Carolina median; unemployment of 2.1%; a poverty rate of 3.7%. Minuses: home values 54% higher than the state median; an average commute of 25 minutes.
What is the median age in Matthews?
The median age in Matthews is 40.1 years (North Carolina: 39.1).
How long is the commute in Matthews?
The average commute to work in Matthews is 25 minutes; 18% of workers work from home.
What is the unemployment rate in Matthews?
The unemployment rate in Matthews is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Matthews?
55.2% 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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