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Matthews, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
501
Population
$50,048
Median Income
$80,100
Home Value
45.1
Median Age

Demographics

Matthews has a population of 501 with a median age of 45.1. Here is the racial and ethnic breakdown of the population:

White
89.8%
Other
10.2%
Demographic Value
Total Population501
Median Age45.1
White89.8%
Other / Two or More Races10.2%
Matthews, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 89.8%Other: 10.2%501PopulationWhiteWhite89.8%OtherOther10.2%

Income & Economy

The median household income in Matthews is $50,048, which is 37.9% below the national median of $80,610. The per capita income is $25,256. The poverty rate is 15.5%.

$50,048
Median Household Income
$25,256
Per Capita Income
15.5%
Poverty Rate

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Education

In Matthews, 95.2% of residents age 25+ have a high school diploma or higher, and 8.8% hold a bachelor's degree or higher (0.8% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
8.8%
Graduate+
0.8%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher8.8%
Graduate or Professional Degree0.8%

Housing

The median home value in Matthews is $80,100, below the national median of $303,400. The median monthly rent is $867. The homeownership rate is 76.5%.

$80,100
Median Home Value
$867/mo
Median Rent
76.5%
Homeownership Rate
Housing Metric Value
Median Home Value$80,100
Median Monthly Rent$867
Homeownership Rate76.5%
Vacancy Rate5.6%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Matthews, Indiana?
The population of Matthews, Indiana is 501 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Matthews, Indiana?
The median household income in Matthews, Indiana is $50,048. This is 37.9% below the national median of $80,610.
What is the median home value in Matthews, Indiana?
The median home value in Matthews, Indiana is $80,100. The median monthly rent is $867.
What percentage of people in Matthews have a college degree?
In Matthews, Indiana, 8.8% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Matthews, Indiana an affordable place to live?
The home price-to-income ratio in Matthews, Indiana is 1.6x (median home value $80,100 vs. median income $50,048), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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