Indiana · Census place 47592
Matthews town, IN
Quick answer
Matthews town has 517 residents, ranking #508 of 976 places in Indiana. Median household income is $45,833, the median home is worth $77,000 and median gross rent runs $1,040 a month.
- Population
- 517Matthews town residents
- Median household income
- $45,833Past 12 months, inflation adjusted
- Median home value
- $77,000Owner-occupied units
- Median gross rent
- $1,040Rent plus utilities, monthly
- Median age
- 46.1 yrsAll residents
- Homeownership rate
- 72.3%Owner-occupied households
What the numbers mean in Matthews town
Housing cost measured against local earnings.
A household earning the Matthews town median would spend about 27.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.3% of residents and 72.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Kennard town 519
- Chalmers town 518
- New Salisbury CDP 518
- Holland town 516
- Greens Fork town 509
- Reo CDP 502
- La Paz town 498
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