2025 Compare Cities Economy:
Matthews, NC vs Newark, NJ

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Highlights
- Household income in Newark, is 57% less than it is in Matthews and is 67% below the National Average.
- Matthews unemployment rate is 3.3%.
- Newark unemployment rate is 13.0%.
 Matthews, NCNewark, NJUnited States
 Unemployment Rate  Unlock13.0%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth51.0%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$43,893  Unlock$37,638
 Household Income  Unlock$41,335$69,021
 Family Median Income$115,239  Unlock$85,028
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 Est. Households By Income
 Matthews, NCNewark, NJUnited States
 Income Less Than 15K  Unlock21.2%9.4%
 Income between 15K and 20K1.8%  Unlock3.8%
 Income between 20K and 30K  Unlock12.0%8.1%
 Income between 30K and 40K6.4%  Unlock8.0%
 Income between 40K and 50K  Unlock8.8%7.6%
 Income between 50K and 60K7.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.1%9.6%
 Income between 75K and 100K13.1%  Unlock12.8%
 Income between 100K and 150K  Unlock9.6%16.3%
 Income between 150K and 200K11.8%  Unlock7.8%
 Income greater than 200K  Unlock2.7%9.5%
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 Population By Occupation
 Matthews, NCNewark, NJUnited States
 Management, business, finance21.7%  Unlock16.4%
 Engineering, computers, science  Unlock2.8%6.5%
 Community, social services3.5%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library7.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.2%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock6.0%3.3%
 Firefighters, law enforcement1.5%  Unlock2.1%
 Food preparation, serving  Unlock5.1%5.4%
 Building maintenance2.1%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support22.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair5.3%  Unlock8.1%
 Production, transportation, material moving  Unlock19.2%13.1%
Reviews for Matthews    2 Reviews

Over 16 years ago

Matthews is a suburb of Charlotte. It's big advantage over Charlotte is that you are on the edge of the rural areas, and it is safer. Don't expect to save any on taxes  More

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Over 19 years ago

Is there segragation in  More

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Reviews for Newark    26 Reviews

Over 4 years ago

Newark is straight garbage.  More

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Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Over 12 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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