2025 Compare Cities Economy:
Matthews, NC vs Richmond, VA

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Highlights
- Household income in Richmond, is 43% less than it is in Matthews and is 26% below the National Average.
- Matthews unemployment rate is 3.3%.
- Richmond unemployment rate is 7.1%.
 Matthews, NCRichmond, VAUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth51.0%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$43,893  Unlock$37,638
 Household Income  Unlock$54,795$69,021
 Family Median Income$115,239  Unlock$85,028
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 Est. Households By Income
 Matthews, NCRichmond, VAUnited States
 Income Less Than 15K  Unlock14.1%9.4%
 Income between 15K and 20K1.8%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K6.4%  Unlock8.0%
 Income between 40K and 50K  Unlock8.6%7.6%
 Income between 50K and 60K7.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K13.1%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K11.8%  Unlock7.8%
 Income greater than 200K  Unlock7.5%9.5%
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 Population By Occupation
 Matthews, NCRichmond, VAUnited States
 Management, business, finance21.7%  Unlock16.4%
 Engineering, computers, science  Unlock7.1%6.5%
 Community, social services3.5%  Unlock1.8%
 Legal  Unlock1.9%1.2%
 Education, library7.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.2%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement1.5%  Unlock2.1%
 Food preparation, serving  Unlock6.9%5.4%
 Building maintenance2.1%  Unlock3.6%
 Personal care  Unlock3.1%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  Unlock10.2%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 Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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