Matthews, NC — City Data, Demographics & Statistics
Mecklenburg County · North Carolina
City DNA
A unique fingerprint for Matthews based on 8 key metrics — compared to averages.
Quick Stats
Population
29,959
2023 ACS
Median Income
$105,579
2023
Median Home Value
$406,800
2023
Median Rent
$1,670
2023
Median Age
39.3
Unemployment
2.2%
Cost of Living Index
154.0
100 = national avg
Matthews is a city in Mecklenburg County, North Carolina, with a population of 29,959 according to the 2023 American Community Survey. Matthews is one of the communities in North Carolina.
The median household income in Matthews is $105,579, and the median home value is $406,800. The cost of living index is 154.0 (where 100 = national average), and the median rent is $1,670 per month. The unemployment rate is 2.2%, and the median age is 39.3 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
29,959
Male
14,573
48.6%
Female
15,386
51.4%
Median Age
39.3
Education & Household
Bachelor's or Higher
38.5%
High School or Higher
50.4%
Foreign Born
13.9%
Veterans
5.3%
Married
49.6%
Avg Household Size
2.6
Marital Status by Age
Race & Ethnicity
Diversity Index
0.466
Simpson's Index (0-1)
Largest Group
White
70.9%
Foreign Born
13.9%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
6.2%
1,842 people
Not Hispanic/Latino
93.8%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
27,805
English Only
83.4%
#1 Non-English Language
Other Indo-European
1,266 speakers
Limited English
6.4%
Language Distribution
English Proficiency
Speaks English Very Well
93.6%
Limited English Proficiency
6.4%
Veterans & Military
Total Veterans
1,576
5.3% of population
Disability Rate
17.2%
271 with disability
Veteran Median Income
$56,563
Period of Service
Veteran Age Distribution
Male Veterans
1,418
90.0%
Female Veterans
158
10.0%
Veteran vs Non-Veteran Income
Veteran Income
$56,563
Non-Veteran Income
$49,959
Difference
$6,604
13.2% higher
Disability Status
With Disability
271
Without Disability
1,305
Disability Rate
17.2%
Ancestry & Heritage
Total Reporting Ancestry
22,943
#1 Ancestry
German
13.7% (4,097)
#2 Ancestry
English
13.6% (4,087)
#3 Ancestry
Irish
9.3% (2,801)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
11,260
Family Households
8,162
72.5%
Married Couples
6,911
61.4%
Non-Family Households
3,098
27.5%
Single Mother Households
817
7.3%
Single Father Households
434
3.9%
Living Alone
2,716
24.1%
Children Under 18
Total Children
6,081
In Married Couple
5,331
87.7%
With Single Mother
618
10.2%
With Single Father
132
2.2%
Family Income
Median Family Income
$130,336
Married Couple Income
$132,248
Single Mother Income
$61,917
Single Father Income
$142,772
Avg Family Size
2.6
Avg Non-Family Size
2.1
Grandparents w/ Grandchildren
266
Grandparents Responsible
118
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$105,579
+44% vs national
Per Capita Income
$49,894
+34% vs national
Poverty Rate
4.0%
-70% vs national
Gini Index
0.4038
0 = perfect equality
Unemployment
2.2%
-58% vs national
SNAP Recipients
2.6%
of households
How Matthews Compares
Matthews vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Matthews is highlighted.
Median Household Income
Matthews, NC has a median household income of $105,579, making it the 4,140th highest median household income out of 28,123 cities in our database. This means that Matthews has a higher median household income than 85% of all the cities we measured.
Per Capita Income
Matthews, NC has a per capita income of $49,894, making it the 4,532nd highest per capita income out of 28,123 cities in our database. This means that Matthews has a higher per capita income than 84% of all the cities we measured.
Poverty Rate
Matthews, NC has a poverty rate of 4.0%, making it the 25,129th highest poverty rate out of 31,262 cities in our database. This means that Matthews has a higher poverty rate than 20% of all the cities we measured.
Unemployment Rate
Matthews, NC has a unemployment rate of 2.2%, making it the 20,213th highest unemployment rate out of 31,012 cities in our database. This means that Matthews has a higher unemployment rate than 35% of all the cities we measured.
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 $105,579.
Income Distribution
Employment Snapshot
Unemployment Rate
2.2%
-63% vs NC avg
Labor Force
15,805
Employed
15,464
Mean Commute
22 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
38.5%
of adults 25+
High School Diploma+
50.4%
of adults 25+
Median Age
39.3
Work from Home
15.6%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Charlotte-Concord-Gastonia, NC-SC metro area
Highest-Paying Job
Software Developers
Top Median Wage
$132.1K
per year
Occupations Tracked
20
Cost of Living
Overall Index
154.0
100 = national avg
+54.0 vs national average
Living Wage (1 Adult)
$67,738
per year
Living Wage (Family of 4)
$160,108
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,538
per month
2 Bedroom
$1,686
per month
The median household income in Matthews, NC is $105,579, which is 44.2% above the national average of $73,224. Per capita income is $49,894. The poverty rate of 4.0% is lower than the NC state average of 16.0%. The Gini index of income inequality is 0.4038, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.2%, compared to the state average of 5.8%. The labor force is 15,805. 38.5% of adults hold a bachelor's degree or higher. The average commute time is 22 minutes, with 15.6% working from home. About 71.5% of workers drive alone to work. The overall cost of living index is 154.0, which is 54.0% above the national average. Housing costs are above the national average at an index of 187.5. A single adult needs to earn approximately $67,738 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$425,000
Median List Price
$440,000
Price Per Sq Ft
$240
Days on Market
71
Active Inventory
63
Months of Supply
3.3
Seller's market
Zillow Home Value
$491,119
ZHVI — January 2026
Zillow Rent Index
$1,765
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
10.5%
Off Market in 2 Weeks
47.6%
Sale-to-List Ratio
97.6%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
19
New Listings
17
Price Per Square FootRedfin
Median Sale $/SF
$240
Median List $/SF
$238
House Price IndexFHFA
How much have housing prices increased in Matthews, NC? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Charlotte-Concord-Gastonia, NC-SC metro area, home prices have risen 496.1% over the past 40 years. Over 20 years, prices grew 163.1%. The 10-year growth rate is 132.0%. Over the last 5 years, prices increased 63.8%. In the most recent 2-year period, the index rose 7.6%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Charlotte-Concord-Gastonia, NC-SC housing market rather than Matthews alone.
Metro area: Charlotte-Concord-Gastonia, NC-SC
Matthews vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Matthews is highlighted.
Median Home Value
Matthews, NC has a median home value of $406,800, making it the 4,405th highest median home value out of 27,993 cities in our database. This means that Matthews has a higher median home value than 84% of all the cities we measured.
Median Rent
Matthews, NC has a median rent of $1,670, making it the 3,126th highest median rent out of 22,337 cities in our database. This means that Matthews has a higher median rent than 86% of all the cities we measured.
Median Price Per Sq Ft
Matthews, NC has a price per square foot of $240, making it the 5,683rd highest price per square foot out of 20,748 cities in our database. This means that Matthews has a higher price per square foot than 73% of all the cities we measured.
Rent Burden
Matthews, NC has a rent burden of 19.0%, making it the 10,307th highest rent burden out of 21,928 cities in our database. This means that Matthews has a higher rent burden than 53% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$406,800
Median Rent
$1,670
Total Housing Units
11,945
Vacancy Rate
5.7%
Owner Occupied
65.5%
Renter Occupied
34.5%
Median Property Tax
$2,853
per year
Monthly Cost (w/ Mortgage)
$1,558
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$2,853
per year
Effective Tax Rate
0.70%
of home value
Median Home Value
$406,800
Estimated Mean Tax
$2,952
The effective property tax rate is calculated by dividing the median annual property tax ($2,853) by the median home value ($406,800). In Matthews, NC, this works out to an effective rate of 0.70%. This is below the national average of approximately 1.1%.
The current median sale price in Matthews, NC is $425,000 according to Redfin data. Homes spend a median of 71 days on the market. 10.5% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $240. Zillow's observed rent index is $1,765/month. About 65.5% of housing units are owner-occupied. The median year homes were built is 1993. There are 11,945 total housing units. Homeowners pay a median annual property tax of $2,853. The effective tax rate is 0.70%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
1.85
per 1,000 residents
-29% vs national
Property Crime Rate
26.54
per 1,000 residents
+54% vs national
Total Crimes
892
2024
Violent Clearance
47%
cases solved
Property Clearance
18%
cases solved
YoY Change
-23.0%
violent crime rate
improving vs 2023
How Matthews Compares
Source: FBI (2024)Matthews vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Matthews is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Matthews police solve 67% of rape cases but only 12% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 6 | 0.19 | 66.7% |
| Robbery | Violent | 20 | 0.64 | 45.0% |
| Aggravated Assault | Violent | 32 | 1.02 | 43.8% |
| Burglary | Property | 110 | 3.50 | 21.8% |
| Larceny/Theft | Property | 666 | 21.20 | 18.5% |
| Motor Vehicle Theft | Property | 58 | 1.85 | 12.1% |
Matthews, NC reported 58 violent crimes and 834 property crimes in 2024. The violent crime rate of 1.85 per 1,000 residents is 29.0% below the national average of 2.60 per 1,000. Law enforcement cleared 47% of violent crimes. Larceny/theft accounts for 666 of the property crime reports. Firearms were involved in 53.1% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 58 | 834 | 1.85 | 26.54 |
| 2023 | 73 | 909 | 2.40 | 29.87 |
| 2022 | 49 | 887 | 1.65 | 29.83 |
| 2021 | 77 | 1,033 | 2.24 | 30.00 |
| 2020 | 59 | 1,081 | 1.74 | 31.93 |
| 2019 | 59 | 1,112 | 1.77 | 33.32 |
| 2018 | 68 | 949 | 2.07 | 28.87 |
| 2017 | 56 | 1,005 | 1.74 | 31.16 |
| 2016 | 46 | 1,075 | 1.46 | 34.23 |
| 2015 | 58 | 718 | 1.89 | 23.37 |
School Shootings
Source: The Washington PostTotal Incidents
1
Total Killed
1
Total Injured
0
| Date | School | Killed | Injured | Type | Weapon |
|---|---|---|---|---|---|
| Oct 29, 2018 | Butler High School | 1 | 0 | targeted | .380 pistol |
Data from The Washington Post, licensed under CC BY-NC-SA 4.0.
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
97.1
Relatively High
Expected Annual Loss
97.9
Score (0-100)
Social Vulnerability
17.9
Score (0-100)
Community Resilience
59.7
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
16
Public Assistance
$289.5M
Individual Assistance
$7.6M
Most Common Type
Hurricane
6 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Severe Winter Storm → | Winter Storm | Jan 2026 | — | — |
| Tropical Storm Helene → | Tropical Storm | Sep 2024 | $892K | $1.6M |
| Tropical Storm Debby → | Tropical Storm | Aug 2024 | — | — |
| Hurricane Ian → | Hurricane | Oct 2022 | — | — |
| Covid-19 Pandemic → | Biological | Mar 2020 | $281.7M | $6.0M |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Hurricane Dorian → | Hurricane | Sep 2019 | — | — |
| Hurricane Florence → | Hurricane | Sep 2018 | — | — |
| Hurricane Katrina Evacuation → | Hurricane | Sep 2005 | $493K | — |
| Tropical Storm Frances → | Hurricane | Sep 2004 | — | $26K |
| Severe Ice Storm → | Severe Ice Storm | Dec 2002 | $5.8M | — |
| Severe Winter Storm → | Severe Storm | Jan 2000 | $585K | — |
| Blizzard of 96 → | Snowstorm | Jan 1996 | — | — |
| Hurricane Hugo → | Hurricane | Sep 1989 | — | — |
| Drought → | Drought | Aug 1977 | — | — |
| Drought & Freezing → | Snowstorm | Mar 1977 | — | — |
| Hurricane Florence → | Unknown | — | — | $500 |
| Covid-19 Pandemic → | Unknown | — | — | — |
| Hurricane Matthew → | Unknown | — | — | — |
| Covid-19 Pandemic → | Unknown | — | — | — |
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
2,881
Total Claims Paid
$61,526,507
Avg Claim Payout
$21,356
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
46
Federal Funding
$30,267,527
Properties Protected
230
Avg Benefit-Cost Ratio
3.08
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 35 | $29,867,190 |
| 202.1: Elevation of Private Structures - Riverine | 4 | $39,629 |
| 601.1: Generators | 3 | $32,696 |
| 200.2: Acquisition of Private Real Property (Structures and Land) - Coastal | 1 | $0 |
| 106.1: Other Non Construction (Regular Project Only) | 1 | $90,000 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Matthews has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are tornado, lightning, ice storm. The area has had 16 federal disaster declarations. The most common disaster type is hurricane (6 declarations). 2,881 flood insurance claims have been filed in the area. FEMA has obligated $289,465,347 in public assistance recovery funding. $7,627,760 has been distributed in individual assistance to disaster-affected residents. 46 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
25.5%
10.6pp below the national average
Depression Rate
22.5%
1.0pp below the national average
Diabetes Rate
9.4%
2.5pp below the national average
Uninsured Rate
7.4%
3.2pp below the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
35.8%
Arthritis
26.1%
Cancer (excl. skin)
9.7%
Teeth Lost (65+)
9.1%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
13.6%
14+ days in past month
Depression
22.5%
Loneliness
29.3%
Lack of Support
19.8%
Disability Prevalence
Any Disability
26.3%
Mobility
10.9%
Cognitive
11.1%
Hearing
7.0%
Vision
3.6%
Self-Care
2.7%
Independent Living
5.8%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Matthews has an obesity rate of 25.5%, which is 10.6pp below the national average. The depression rate is 22.5%, 1.0pp below the national average. About 7.4% of adults lack health insurance. 80.4% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
5
Avg CMS Rating
3.3 / 5
Nearest Hospital
7.8 mi
Novant Health Ballantyne Medic...
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Novant Health Ballantyne Medical Center | 7.8 mi | Acute Care Hospitals | — | Yes |
| Atrium Health Pineville | 8.3 mi | Acute Care Hospitals | 3/5 | Yes |
| Novant Health Mint Hill Medical Center | 8.7 mi | Acute Care Hospitals | 4/5 | Yes |
| Carolinas Medical Center/Behav Health | 10.4 mi | Acute Care Hospitals | 3/5 | Yes |
| Atrium Health University City | 14.1 mi | Acute Care Hospitals | 3/5 | Yes |
Infrastructure
Commute Overview2023 ACS
Mean Commute
22 min
-7% vs national
Drive Alone
71.5%
-9% vs national
Public Transit
0.5%
-47% vs national
Work From Home
15.6%
+68% vs national
Carpool
10.4%
Walk / Bike
1.3%
combined
How Matthews's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
2
2023
6-Year Avg
2
fatalities/yr
Cyclist
1
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 2 | 2 | 0 | 0 | 1 |
| 2022 | 1 | 1 | 0 | 0 | 0 |
| 2021 | 3 | 3 | 0 | 2 | 0 |
| 2020 | 1 | 1 | 0 | 1 | 0 |
| 2019 | 2 | 2 | 1 | 1 | 0 |
| 2018 | 5 | 5 | 0 | 2 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
The average commute in Matthews, NC is 22 minutes, which is 7.3% below the national average of 23 minutes. 71.5% of workers drive alone, compared to the national average of 78.7%. 15.6% work from home, which is above the NC state average of 9.4%. 10.4% of workers carpool. 1.3% walk to work. In 2023, there were 2 traffic fatalities from 2 fatal crashes.
Internet & Broadband Access
Source: Census ACSBroadband Access
91.8%
of households
Cable / Fiber / DSL
85.7%
of households
No Internet
3.3%
of households
Total Households
11,260
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
97.8%
of households
Smartphone
94.6%
of households
Desktop / Laptop
90.4%
of households
Tablet
71.0%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.1¢
per kWh
-26% vs 25,000 - 50,000 avg
Commercial Rate
10.6¢
per kWh
-32% vs 25,000 - 50,000 avg
Industrial Rate
7.8¢
per kWh
-35% vs 25,000 - 50,000 avg
Avg Monthly Bill
$144
residential
-2% vs 25,000 - 50,000 avg
17% below the national average of 17.1¢/kWh
Residential electricity in North Carolina averages 14.1¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $144. State-level averages from EIA Electric Sales & Revenue data (2024).
Matthews vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
91.8% of households in Matthews have broadband internet access. 85.7% have cable, fiber, or DSL service. 3.3% of households have no internet access.
Politics & Government
County-level data: Election results are reported at the county level. Matthews is located in Mecklenburg County, NC. Results reflect all voters in the county, not just those in Matthews.
Election Overview
Source: Mecklenburg County (2024)2024 Winner
Democrat
Dem Votes
376,454
65.6%
GOP Votes
187,770
32.7%
Total Votes
573,679
Margin
D+32.9%
Shift from 2020
R+2.2pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 376,454 | 187,770 | 573,679 | 65.6% | 32.7% | D+32.9 |
| 2020 | 378,107 | 179,211 | 567,053 | 66.7% | 31.6% | D+35.1 |
| 2016 | 292,258 | 154,303 | 461,834 | 63.3% | 33.4% | D+29.9 |
In the 2024 presidential election, Mecklenburg County recorded 573,679 total votes. Democrats won the county with 65.6% of the vote compared to 32.7% for Republicans, a margin of D+32.9%. Compared to 2020, the margin shifted R+2.2pp from the previous election. Since 2016, Mecklenburg County has shifted 3.0 percentage points toward Democrats.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
370
Total Assets
$516.6M
Total Income
$304.9M
Per 10K Residents
123.5
nonprofits
+216.6% vs peers avg
Orgs with >$1M Assets
28
Median Assets
$184K
Oldest Active
1936
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $460.0M of $516.6M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Matthews
Source: IRS Exempt Organizations BMFMatthews, NC has 370 registered 501(c)(3) nonprofit organizations with combined assets of $516.6M. The most common category is Religion-Related, with 70 organizations. 28 nonprofits have assets exceeding $1 million. That works out to 123.5 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1936.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
403
Total Approved
$147.2M
Jobs Supported
3,355
Per 10K Residents
134.5
SBA loans
+130.6% vs peers avg
Unique Lenders
81
Top Lender
Wells Fargo Bank National Association
61 loans
Top Industry
Other Services
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
353
Total Amount
$122.7M
Avg Loan
$347,489
Median Loan
$150,000
SBA Guaranteed
$91.3M(74%)
Jobs Supported
2,852
Loans
50
Total Amount
$24.6M
Avg Loan
$491,160
Median Loan
$276,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
79
20% of all-time total
Recent Amount
$41.5M
28% of all-time total
Avg Recent Loan
$525,304
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Moddy Posey Properties Llc | 1 | $4.9M |
| Colony Builders Inc | 2 | $4.5M |
| Shops at Chestnut Llc | 2 | $3.6M |
| Sunshine Hotels & Investment Llc | 1 | $3.5M |
| Fullwood Animal Hospital | 2 | $3.3M |
| Esteem Electric Inc. | 1 | $3.0M |
| Ryker Ellis Development Inc. | 1 | $2.9M |
| Jalaram Hotels Llc | 1 | $2.6M |
| Karins3 Llc | 1 | $2.5M |
| Nena's Market Inc. | 1 | $2.3M |
Matthews, NC has received 403 SBA loans totaling $147.2M in approved funding between 1992 and 2026. The 7(a) program accounts for 353 loans (88% of the total), supporting 2,852 jobs. The 504 program, focused on real estate and large equipment, has funded 50 loans totaling $24.6M. The most common industry receiving SBA funding is Other Services. The most active SBA lender in Matthews is Wells Fargo Bank National Association with 61 loans. That works out to 134.5 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
16
Total Population
611,382
Avg Median Income
-$41,567,618
Avg Home Value
-$41,180,473
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 28079 | 40,820 | $97,602 | $352,000 | $1,895 | 46.6 |
| 28104 | 36,232 | $129,775 | $482,200 | $1,705 | 29.6 |
| 28105 | 45,922 | $104,242 | $389,100 | $1,663 | 23.2 |
| 28204 | 9,744 | $89,207 | $576,900 | $1,694 | 1.8 |
| 28205 | 51,297 | $72,479 | $410,800 | $1,376 | 11.8 |
| 28207 | 9,709 | $212,348 | $1,348,900 | $1,579 | 2.4 |
| 28209 | 23,945 | $97,762 | $596,000 | $1,606 | 5.5 |
| 28210 | 47,537 | $94,145 | $486,000 | $1,444 | 12.4 |
| 28211 | 32,637 | $130,221 | $701,900 | $1,660 | 10.9 |
| 28212 | 42,628 | $51,530 | $236,300 | $1,274 | 9.2 |
| 28215 | 65,789 | $66,065 | $273,800 | $1,349 | 28.9 |
| 28226 | 38,985 | $113,203 | $560,100 | $1,477 | 14.7 |
| 28227 | 60,162 | $75,322 | $313,900 | $1,412 | 40.2 |
| 28270 | 32,913 | $128,660 | $543,600 | $1,662 | 12.4 |
| 28274 | 687 | N/A | N/A | N/A | 0.1 |
| 28277 | 72,375 | $122,223 | $507,600 | $1,814 | 24.1 |
Matthews, NC has 16 ZIP codes with a combined population of 611,382. The average median household income across all ZIP codes is -$41,567,618. The average median home value is -$41,180,473. The average median monthly rent is -$41,665,191.
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