46957 Matthews, IN is a small town located in the south of the state. It has many local businesses that cater to its residents, such as the Matthews Hardware Store, Southside Bar & Grill, and Main Street Coffee & Bakery. The cost of living is pretty reasonable here; 2-bedroom apartment rent averages $750 per month, which is almost half of what US-wide average rents are ($1,430). This is especially good news for renters considering that according to the Grocery Cost Index, Matthews' grocery costs are only 90% of what they are across the country. All in all, living in 46957 Matthews can be an affordable option for those looking for small-town charm yet needing access to larger cities close by.
Matthews (zip 46957) has an unemployment rate of 4.4%. The US average is 6.0%.
Matthews (zip 46957) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Matthews (zip 46957)
- The Sales Tax Rate for Matthews (zip 46957) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Matthews (zip 46957) 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 (zip 46957)
- The average income of a Matthews (zip 46957) resident is $28,815 a year. The US average is $37,638 a year.
- The Median household income of a Matthews (zip 46957) resident is $43,125 a year. The US average is $69,021 a year.