Matthews, North Carolina is a medium-sized city with a population of 30,054 inhabitants. The majority of Matthews residents report their race to be White; this is followed by Black and Asian. Matthews has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 84% of the population is classified as married and 62% have kids.
Are you trying to ascertain if living in Matthews is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in North Carolina, you will probably want to make sure that you check all of the most important boxes. To help you find the best places to live in and around Matthews, AreaVibes has created a livability score using key metrics like amenities, employment, housing and more.
With a livability score of 85/100, Matthews is ranked #375 in the United States and #6 in North Carolina. This is a great score, as Matthews ranks well in multiple categories! Another exciting tidbit, is that Matthews ranks better than 90% of all US cities! If we dig down a little deeper into each category within the livability score, we see that Matthews has higher than average grades for the following: amenities (A+), education (A+), employment (B-) and housing (A-). Regrettably for Matthews, there are some categories for which it does not score well, this includes: cost of living (D).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Matthews, there is no shortage of amazing local amenities and interesting things to do.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Matthews has a violent crime rate of 164 crimes per 100,000 residents which is far lower than the national average.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Matthews have a test score average of 68%, which is well above the US average.
Finding affordable real estate and apartments for rent in Matthews can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category.
Assuming that Matthews meets all of your requirements, the next most important item to examine is the affordability of real estate in Matthews. Everything else becomes a lot less important if it turns out that home prices in Matthews are simply unattainable. Median real estate prices in Matthews come in at $224,000, which is 42.6% higher than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Matthews, the home price to income ratio is 3, which is 9.1% lower than the North Carolina average. Year over year appreciation rates for homes in the Matthews area were 5.4% and the 5 year appreciation rates came in at 7.5%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.