Matthews, IN
Full City Profile · Indiana · Blackford County County
2.7
/5.0
C+
Fair
517
Population
1,477/sq mi density
$45,833
Median Income
$27,854 per capita
$77,000
Home Value
$192,584 Zillow
$1,040
Median Rent
26.9% income on rent
51°F
Avg Temperature
275 sunny days/yr
280
Violent Crime/100K
2,765 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$45,833 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$77,000 home value, $1,040/mo rent
F
Safety
1.0 / 5.0
280 violent crimes/100K
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher
Housing Overview
Median Home Value
$77,000
73% below
US avg: $281,900
Median Rent
$1,040/mo
11% below
US avg: $1,163/mo
Homeownership Rate
72.3%
11% above US avg (65.4%)
Total Housing Units
224
Median year built: 1964
Home Value by Source
Census Median
$77,000
Zillow (ZHVI)
$192,584
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.3%
Owner-Occupied
27.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,040/mo
Affordability & Housing Stock
Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
72.3%
Complete Housing Data
Home Values
| Census Median Value | $77,000 |
| Zillow Home Value (ZHVI) | $192,584 |
Rent
| Census Median Rent | $1,040 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 72.3% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.3% |
| Total Housing Units | 224 |
| Median Year Built | 1964 |
| Rent Burden | 26.9% |
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