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

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Highlights
- Household income in Pennington, is 47% more than it is in Matthews and is 51% above the National Average.
- Matthews unemployment rate is 3.3%.
- Pennington unemployment rate is 6.2%.
 Matthews, NCPennington, NJUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock1.3%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$141,250$69,021
 Family Median Income$115,239  Unlock$85,028
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 Est. Households By Income
 Matthews, NCPennington, NJUnited States
 Income Less Than 15K  Unlock3.8%9.4%
 Income between 15K and 20K1.8%  Unlock3.8%
 Income between 20K and 30K  Unlock4.1%8.1%
 Income between 30K and 40K6.4%  Unlock8.0%
 Income between 40K and 50K  Unlock2.9%7.6%
 Income between 50K and 60K7.2%  Unlock7.2%
 Income between 60K and 75K  Unlock5.4%9.6%
 Income between 75K and 100K13.1%  Unlock12.8%
 Income between 100K and 150K  Unlock14.0%16.3%
 Income between 150K and 200K11.8%  Unlock7.8%
 Income greater than 200K  Unlock28.5%9.5%
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 Population By Occupation
 Matthews, NCPennington, NJUnited States
 Management, business, finance21.7%  Unlock16.4%
 Engineering, computers, science  Unlock9.7%6.5%
 Community, social services3.5%  Unlock1.8%
 Legal  Unlock6.5%1.2%
 Education, library7.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock5.7%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock3.1%3.3%
 Firefighters, law enforcement1.5%  Unlock2.1%
 Food preparation, serving  Unlock2.1%5.4%
 Building maintenance2.1%  Unlock3.6%
 Personal care  Unlock1.2%2.6%
 Sales, office, administrative support22.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.6%0.6%
 Construction, extraction, maintenance/repair5.3%  Unlock8.1%
 Production, transportation, material moving  Unlock2.1%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 Pennington    2 Reviews

Over 11 years ago

It seems like a very nice town, but we since we just moved in, it's too early to  More

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Over 18 years ago

Cost of property taxes even with the recent reevaluation is making living in Pennington unrealistic. Most of our neighbors are moving 3 miles away to Yardley PA where  More

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