Matthews, IN
Population 517 · Indiana
About Matthews, IN
Matthews is a small community in Indiana with a population of 517 residents. The median household income is $45,833 per year, which is below the national average. The median age in Matthews is 46.1 years.
Housing in Matthews has a median home value of $77,000 and median monthly rent of $1,040. Of the 252 total housing units, the majority are owner-occupied, with 162 owner-occupied and 62 renter-occupied units.
The unemployment rate in Matthews is 1.2% and the poverty rate is 24.3%. 10.4% of residents hold a bachelor's degree or higher. The average commute time is 26.8 minutes.
How Matthews Ranks in Indiana
Cost of Living in Matthews, IN
Compared to national averages, Matthews has a median household income of $45,833 (39% below the national median of $75,149). Home values average $77,000, which is 69% below the national median. Monthly rent at $1,040 is 11% below the US average of $1,163. Within Indiana, Matthews's income is 34% below the state average of $69,330, and home values are 53% below the state median of $163,409.
Why Live in Matthews, IN?
Matthews offers affordable housing with a median home value of $77,000, below the US average of $244,900, and rent that’s lower than the national average at $1,040/month, and a strong job market with an unemployment rate of just 1.2%.
Potential considerations include median household income ($45,833) that falls below the national average. However, Matthews’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Matthews has a population of 517 with a median age of 46.1 years. Compare Matthews with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Matthews
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chalmers | 518 | $70,588 | $154,000 | Compare |
| Holland | 516 | $62,969 | $109,500 | Compare |
| New Salisbury | 518 | $53,711 | $202,400 | Compare |
| Kennard | 519 | $61,750 | $105,100 | Compare |
| Town of Pines | 524 | $51,944 | $139,000 | Compare |
| Greens Fork | 509 | $70,962 | $93,200 | Compare |
| Linden | 526 | $60,714 | $113,300 | Compare |
| Burlington | 527 | $69,286 | $134,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Matthews
What is the population of Matthews, IN?
The population of Matthews, IN is 517 according to the latest Census data.
What is the median household income in Matthews?
The median household income in Matthews, IN is $45,833 per year.
What is the median home value in Matthews?
The median home value in Matthews, IN is $77,000.
What is the average rent in Matthews?
The median monthly rent in Matthews, IN is $1,040.
What is the unemployment rate in Matthews?
The unemployment rate in Matthews, IN is 1.2%.