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Matthews, Missouri Demographics & Population 2026

During the 2020–2024 ACS period, Matthews, Missouri had a total population of 561, the 488th largest city in Missouri, with a median household income of $42,695, which is 40% lower than the state average. The poverty rate is 14.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Matthews Quick Facts

Population 561
Median Household Income $42,695
Median Home Value $108,400
Poverty Rate 14.4%
Unemployment Rate 10.8%
Median Age 53.2 years
Homeownership Rate 63.2%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 4.0%
High School Graduation Rate 84.6%
Diversity Index 25/100
Population 561 488th of 1,062
Median Income $42,695 bottom 30%
Poverty Rate 14.4% 16% higher than national
Median Home Value $108,400 below average

How Matthews Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population506561+10.9%
Median household income$44,013$42,695-3.0%
Median home value$101,800$108,400+6.5%

How Matthews Compares

Economy & Housing

Household Income Distribution

Under $25K 31.4%
$25K-$50K 38.1%
$50K-$100K 30.5%
$100K+ 0.0%
Detailed income brackets
Under $10K
8.4%
$10K-$15K
1.7%
$15K-$20K
10.0%
$20K-$25K
11.3%
$25K-$30K
5.9%
$30K-$35K
7.5%
$35K-$40K
2.1%
$40K-$45K
15.5%
$45K-$50K
7.1%
$50K-$60K
14.6%
$60K-$75K
7.5%
$75K-$100K
8.4%
$100K-$125K
0.0%
$125K-$150K
0.0%
$150K-$200K
0.0%
$200K+
0.0%

Employment

10.8% Unemployment Rate State: 4.0%|National: 5.2%
37.7% Labor Force Participation

Housing Overview

Owner 63.2%
Renter 36.8%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $749/mo 21.1% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 61

Education

Matthews Rankings in Missouri

#488 Population of 1,062
#744 Median Income of 955
#914 Education of 1,062
#577 Home Value of 941

Other Cities in New Madrid County

CityPopulationMedian IncomePovertyHome Value
Portageville 2,825 $52,279 17.5% $152,400
New Madrid 2,662 $57,727 12.3% $127,500
Lilbourn 905 $40,625 32.1% $57,300
Morehouse 715 $32,254 19.3% $56,000
Gideon 662 $41,538 26.7% $55,500
Parma 596 $63,750 27.7% $43,300
Marston 400 $35,000 32.5% $64,300
Risco 288 $48,000 25.4% $62,300
Howardville 179 $13,281 53.6% $54,100
Canalou 177 $46,875 14.7% $32,000

Cities Similar to Matthews

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Doolittle561$40,417$119,20010.7%14.3%
Raymondville563$48,438$119,50012.9%18.1%
Niangua537$45,179$105,4008.3%28.0%
Fair Play595$40,781$105,6002.8%23.4%
Dearborn557$49,750$185,60022.8%12.0%

A note before these figures: with a population of 561, Matthews's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Matthews is a small community located in Missouri, within New Madrid County. The total population is 561. It ranks as the 488th most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Matthews is 53.2 years. This is 36% higher than the state median of 39.0 years. Only 14.4% of residents are under 18, indicating fewer families with children. 11.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Matthews is $42,695. This is 40% lower than the state median of $70,702. It is also 47% lower than the national median of $80,734. The poverty rate stands at 14.4%. This is 15% higher than the state poverty rate of 12.6%. The unemployment rate is 10.8%. This is 169% higher than the state rate of 4.0%. The median home value is $108,400. Housing costs are 53% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.5x, Matthews is one of the most affordable housing markets in the area. 63.2% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 68.1%.

Race & Ethnicity

Matthews has a predominantly White (non-Hispanic) population, comprising 86.5% of all residents. Hispanic or Latino residents account for 3.9%. The Black or African American population (2.1%) is well below the state average of 10.9%.

Education

4.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 88% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.6%.

Data Sources & Methodology

All demographic data for Matthews, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Matthews, Missouri?

Matthews, Missouri has a population of 561 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Matthews, MO?

The median household income in Matthews is $42,695, which is 47% lower than the national median of $80,734.

What is the poverty rate in Matthews, MO?

The poverty rate in Matthews is 14.4%. This means approximately 72 residents live below the federal poverty line.

What is the racial makeup of Matthews, Missouri?

Matthews's population is 86.5% White, 2.1% Black, 3.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Matthews, MO?

The median home value in Matthews is $108,400. The home-value-to-income ratio is 2.5x.

How educated is Matthews, Missouri?

4.0% of adults (25+) in Matthews hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.