Matthews, NC is a small town located just southeast of Charlotte in Mecklenburg County. It is an attractive and growing community with many amenities for its residents. The rent for a two bedroom apartment in Matthews is slightly higher than the national average, which stands at $1,430 per month. However, the cost of living overall is very reasonable with a grocery cost index of 101 compared to 100 nationally.
Matthews has numerous businesses that can be found locally. Some of these include Matthews Family Pharmacy, Matthews Auto Repair, Holt’s Hardware Store and Lyles BBQ Restaurant. Other popular merchants include GenX Salon & Spa, Lani’s Boutique and Wild Birds Unlimited. There are also various eateries such as Mac’s Speed Shop and Jack Beagles Sports Bar & Grill. With so many businesses to choose from, it’s easy for residents to find whatever they need in Matthews!
Matthews has an unemployment rate of 3.3%. The US average is 6.0%.
Matthews has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 51.0%, which is higher than the US average of 33.5%.
Tax Rates for Matthews
- The Sales Tax Rate for Matthews is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Matthews is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Matthews
- The average income of a Matthews resident is $35,191 a year. The US average is $28,555 a year.
- The Median household income of a Matthews resident is $96,195 a year. The US average is $69,021 a year.