Last updated: 2024 BLS data · Page refreshed:
Matthews has a population of 30,577 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 30,577 |
| Median Age | 40.1 |
| White | 70.6% |
| Black or African American | 13.1% |
| Asian | 6.5% |
| Hispanic or Latino | 6.0% |
| Other / Two or More Races | 3.8% |
The median household income in Matthews is $108,611, which is 34.7% above the national median of $80,610. The per capita income is $53,265. The poverty rate is 3.7%.
The unemployment rate in Matthews is 3.3%, compared to the national rate of 4.1%.
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In Matthews, 94.9% of residents age 25+ have a high school diploma or higher, and 55.2% hold a bachelor's degree or higher (18.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.9% |
| Bachelor's Degree or Higher | 55.2% |
| Graduate or Professional Degree | 18.2% |
The median home value in Matthews is $445,100, above the national median of $303,400. The median monthly rent is $1,764. The homeownership rate is 64.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $445,100 |
| Median Monthly Rent | $1,764 |
| Homeownership Rate | 64.4% |
| Vacancy Rate | 5.8% |
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