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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
72%
28%
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-Occupied72.3%
Renter-Occupied27.7%
Homeownership Rate72.3%
Total Housing Units224
Median Year Built1964
Rent Burden26.9%