2025 Compare Cities Economy:
Wake Forest, NC vs Matthews, NC

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Highlights
- Household income in Matthews, is 8% less than it is in Wake Forest and is 28% above the National Average.
- Wake Forest unemployment rate is 3.6%.
- Matthews unemployment rate is 3.3%.
 Wake Forest, NCMatthews, NCUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock2.7%1.6%
 Future Job Growth51.6%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$43,601  Unlock$37,638
 Household Income  Unlock$96,195$69,021
 Family Median Income$112,397  Unlock$85,028
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 Est. Households By Income
 Wake Forest, NCMatthews, NCUnited States
 Income Less Than 15K  Unlock3.5%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock5.5%8.1%
 Income between 30K and 40K4.9%  Unlock8.0%
 Income between 40K and 50K  Unlock7.9%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock6.3%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock25.4%16.3%
 Income between 150K and 200K16.7%  Unlock7.8%
 Income greater than 200K  Unlock10.9%9.5%
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 Population By Occupation
 Wake Forest, NCMatthews, NCUnited States
 Management, business, finance28.8%  Unlock16.4%
 Engineering, computers, science  Unlock7.8%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.1%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock1.3%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock5.1%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock1.9%2.6%
 Sales, office, administrative support18.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.6%0.6%
 Construction, extraction, maintenance/repair3.7%  Unlock8.1%
 Production, transportation, material moving  Unlock7.5%13.1%
Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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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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