Matthews, NC Overview

The sleepy farming community of Matthews began to change after World War II, affected by the sprawl of Charlotte’s real estate boom and residential growth into the countryside. The Interstate 485 outer beltway that connected Matthew directly with Interstates 77 and 85 as well as to Charlotte-Douglas International Airport greatly accelerating the area’s development.  Subdivisions and housing developments, businesses, a leading hospital, and several large corporations settled in Matthews.  As it enters the 21st century, Matthews is recognized as one of the region’s most affluent and desirable communities. At the same time, a quaint and small-town atmosphere still prevails in the downtown district with its charming antique shops.  Along the Highway 74 corridor, Matthews residents can find all the goods and services they need close to home.  Strip malls, spacious shopping centers, and fine or casual dining establishments thrive in this bustling commercial center.

Summary

Population Growth (since 2000) 28%
Population Density (ppl / mile) 1,723.00
Household Size (ppl) 2.561
Households w/ Children 32%

Housing Stability

Annual Residential Turnover 12%
5+ Years in Residency 36%
Median Year in Residency 3.57

Housing Inventory

Matthews, NC Housing Inventory 467 3,182 8,312 8,312 467 3,182 8,312

Market Overview

145 listings with an estimated median price of $392,500

Price Count
$100K - 200K 13
$200K - 300K 27
$300K - 400K 35
$400K - 500K 31
$500K - 600K 23
$600K - 700K 5
$700K - 800K 1
$800K - 900K 2
$900K - 1M 4
$1M - Max 4
Property Type Count
Single Family 105
Townhouse 7
Condo 2
Commercial 9
Rental 8
Lots and Land 22

(Data as of 6/19/2019)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Matthews, NC Population Demographics

Total: 29,479

Households:11,494

Median Age: 41.29

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Matthews, NC Temperature

Weather Risk

Matthews, NC Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Matthews, NC Education Climate Index

Highest Education Level Attained

Matthews, NC Highest Education Level Attained 3,140 4,162 1,985 780 327 2,880 6,546 3,140 4,162 780 327 2,880

Employment and Finance

Workforce

Matthews, NC Workforce

Income by dollar range (Median Income: $68,655)

Matthews, NC Income by dollar range 383 270 420 490 429 417 509 531 433 1,073 1,313 1,685 1,142 857 985 224 306 27

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$653
One Bedroom
$745
Two Bedroom
$864
Three Bedroom
$1,173
Four Bedroom
$1,469

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Matthews, NC Crime

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