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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

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