Matthews, IN Demographics

The total population of Matthews is estimated to be 435 with 210 males (48.28%) and 225 females (51.72%). There are 15 more females than males in Matthews.
The median household income in Matthews was $44,375 in 2021, which marked an a decrease of 2,367(5.06%) from $46,742 in 2020. This income is 59.48% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Matthews sees its highest median household income among householders in the age group of 45 to 64 years old, at $66,206. Overall, the median household income for the town of Matthews stands at $44,375.
In Matthews, the median income for all workers aged 15 years and older, regardless of work hours, was $42,561 for males and $19,066 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $68,908 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Matthews, population is primarily represented by White households, reporting a median income of $44,588.
In 2022, the population of Matthews was 491, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Matthews's population was 491, a decline of 0.00% compared to a population of 491 in 2020.
The median age in Matthews, IN is 53.0, as per 2021 ACS 5-Year Estimates. Of the total population, 12.73% were under the age of 15, 13.64% aged 15 to 29, 49.55% aged 30 to 64, 23.18% aged 65 to 84, and 0.91% were 85 years of age and older.
Racial distribution of Matthews population: 97.50% are White and 2.50% are multiracial.