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Matthews town, North Carolina Demographics & Population 2026

As of 2026, Matthews town, North Carolina has a total population of 29,959, the 36th largest city in North Carolina, with a median household income of $105,579, which is 51% higher than the state average. The poverty rate is 4.0%.

Key Takeaways

Matthews town Quick Facts

Population 29,959
Median Household Income $105,579
Median Home Value $406,800
Poverty Rate 4.0%
Unemployment Rate 2.2%
Median Age 39.3 years
Homeownership Rate 65.5%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 53.9%
High School Graduation Rate 94.8%
Diversity Index 48/100
Population 29,959 36th of 774
Median Income $105,579 top 10%
Poverty Rate 4.0% 68% lower national
Median Home Value $406,800 top 10%

How Matthews town Compares

Economy & Housing

Employment

2.2% Unemployment Rate State: 4.8% | National: 5.2%
65.4% Labor Force Participation

Housing Overview

Owner 65.5%
Renter 34.5%
Affordability Index Affordable
3.9x home value to income ratio

People & Demographics

Diversity Index

48out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 57 | National average: 60

Education

Matthews town Rankings in North Carolina

#36 Population of 774
#68 Median Income of 774
#69 Education of 774
#72 Home Value of 774

Other Cities in Chatham County

CityPopulationMedian IncomePovertyHome Value
Haw River town 2,581 $67,366 17.1% $142,200

Cities Similar to Matthews town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Morrisville town30,471$125,404$481,80073.9%4.8%
Cornelius town32,009$114,688$512,40059.6%4.4%
Mint Hill town26,954$99,272$386,90038.4%8.7%
Leland town26,307$88,576$358,80039.0%5.8%
Garner town32,543$77,496$320,30045.8%7.3%

Population Overview

Matthews town is a mid-sized community located in North Carolina, within Chatham County. The total population is 29,959. It ranks as the 36th most populous out of 774 cities and towns in North Carolina.

Age Demographics

The median age in Matthews town is 39.3 years. This is about average than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Matthews town is $105,579. This is 51% higher than the state median of $69,904. Compared to the national median of $78,538, household income here is 34% higher. The poverty rate stands at 4.0%. This is 69% lower than the state poverty rate of 13.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.2%. This is 55% lower than the state rate of 4.8%. The median home value is $406,800. Housing costs are 57% higher than the state median of $259,400. The home-value-to-income ratio is 3.9x. 65.5% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 66.4%.

Race & Ethnicity

The largest racial or ethnic group in Matthews town is White (non-Hispanic), making up 70.3% of the population. Black or African American residents account for 13.2%. The Asian population is significantly higher than the state average (6.1% vs 3.1%).

Education

53.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Matthews town in the top 10% of all cities in the state for educational attainment. This is 55% higher than the state rate of 34.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.8%. Notably, 16.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Matthews town, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 774 Census-designated places in North Carolina. For official data, visit data.census.gov.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Matthews town, North Carolina?

Matthews town, North Carolina has a population of 29,959 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Matthews town, NC?

The median household income in Matthews town is $105,579, which is 34% higher the national median of $78,538.

What is the poverty rate in Matthews town, NC?

The poverty rate in Matthews town is 4.0%. This means approximately 1,196 residents live below the federal poverty line.

What is the racial makeup of Matthews town, North Carolina?

Matthews town's population is 70.3% White, 13.2% Black, 6.2% Hispanic/Latino, and 6.1% Asian.

What is the median home value in Matthews town, NC?

The median home value in Matthews town is $406,800. The home-value-to-income ratio is 3.9x.

How educated is Matthews town, North Carolina?

53.9% of adults (25+) in Matthews town hold a bachelor's degree or higher, and 16.4% hold a graduate or professional degree.