Income & Economy in Matthews, MO

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$44,013

-40% vs national

Per Capita Income

$20,187

-46% vs national

Poverty Rate

5.8%

-57% vs national

Gini Index

0.3493

0 = perfect equality

Unemployment

7.1%

+37% vs national

SNAP Recipients

7.4%

of households

How Matthews Compares

Source: Census ACS (2023)

Matthews vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Matthews is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Matthews. The median household income here is $44,013.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
35.4%
$25-50K
28.4%
$50-75K
25.1%
$75-100K
6.5%
$100-150K
2.3%
$150-200K
2.3%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

7.1%

+51% vs MO avg

Labor Force

197

Employed

183

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

2.0%

of adults 25+

High School Diploma+

51.2%

of adults 25+

Median Age

52.4

Work from Home

7.3%

of workers

The median household income in Matthews, MO is $44,013, which is 39.9% below the national average of $73,224. Per capita income is $20,187. The poverty rate of 5.8% is lower than the MO state average of 16.6%. The Gini index of income inequality is 0.3493, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.1%, compared to the state average of 4.7%. 2.0% of adults hold a bachelor's degree or higher.