Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.4 yrs |
|---|---|
| Avg HH Size | 2.40 |
| Below Poverty | 25.0% ▲ 150% above avg |
| College Grads | 16.7% ▼ 57% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 39 (10.8%) |
| HS Graduate | 193 (53.6%) |
| Some College | 45 (12.5%) |
| Associates | 23 (6.4%) |
| Bachelors | 30 (8.3%) |
| Graduate Degree | 30 (8.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $46,875 ▼ 39% below avg |
|---|---|
| Median Home Value | $76,600 ▼ 73% below avg |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $1,049/mo |
| Total Housing Units | 226 |
| Vacant Units | 21 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Matthews is a city in Indiana, located in Grant County. The city spans 1 ZIP code and is home to approximately 493 residents. It is a mature city, with a median age of 45.4 years.
Economically, Matthews is a working-class community. The median household income of $46,875 is below the national average. Approximately 25.0% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Matthews is one of the more affordable housing markets in the country. Median home values stand at $76,600, which is well below the national average. Renters typically pay around $1,049 per month. Homeownership is high at 70.7%, typical of suburban and family-oriented communities.
The population of Matthews is less-educated. 16.7% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (84.38%).
Matthews, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46957 | 493 | $46,875 | $76,600 | $1,049 | 1.2% | 16.7% | 70.7% |