North Carolina · Census place 41960
Matthews town, NC
Quick answer
Matthews town has 29,959 residents, ranking #36 of 777 places in North Carolina. Median household income is $105,579, the median home is worth $406,800 and median gross rent runs $1,670 a month.
- Population
- 29,959Matthews town residents
- Median household income
- $105,579Past 12 months, inflation adjusted
- Median home value
- $406,800Owner-occupied units
- Median gross rent
- $1,670Rent plus utilities, monthly
- Median age
- 39.3 yrsAll residents
- Homeownership rate
- 65.5%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 19% 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 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4% of residents and 65.5% 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 North Carolina.
- New Bern city 31,563
- Sanford city 30,833
- Morrisville town 30,471
- Statesville city 29,161
- Clayton town 28,043
- Kernersville town 27,439
- Asheboro city 27,353
Keep going
More North Carolina coverage.