Taxes in Matthews, North Carolina
Complete tax guide for Matthews, NC. State income tax up to 4.5%, 0.78% property tax, 6.84% sales tax. Calculate your total tax burden.
State Income Tax
4.5%
North Carolina
Property Tax
0.78%
Effective rate
Sales Tax
6.84%
Combined rate
Tax Burden
Moderate
Matthews, NC Tax Overview
Population
32,678
Median Income
$57,200
Cost of Living
87 (100 = avg)
State Income Tax
4.5%
Median Home Price
$263,000
Matthews Tax Calculator
Pre-filled with Matthews median: $57,200
Total Tax Burden in Matthews
$11,775
Take-Home: $45,425 · Effective Rate: 20.59%
Federal Tax
$4,826
8.44% eff.
NC State
$2,574
4.50% eff.
FICA
$4,376
7.65% eff.
Take-Home
$45,425
79.41% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $57,200.00 | $4,766.67 |
| Federal Income Tax | -$4,825.50 | -$402.13 |
| North Carolina State Tax | -$2,574.00 | -$214.50 |
| Social Security (6.2%) | -$3,546.40 | -$295.53 |
| Medicare (1.45%) | -$829.40 | -$69.12 |
| Take-Home Pay | $45,424.70 | $3,785.39 |
Property Tax in Matthews
Median Home
$263,000
Annual Tax
$2,051
Monthly Tax
$171
Effective Rate
0.78%
Sales Tax in Matthews
Combined Rate
6.84%
State Portion
~4.3%
Local Portion
~2.5%
The combined sales tax rate in Matthews is 6.84%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.84 in sales tax.
Tax Burden Comparison
| Tax Type | Matthews | North Carolina Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.5% | 4.5% | 4.6% |
| Property Tax | 0.78% | ~0.78% | 1.1% |
| Sales Tax | 6.84% | ~6.84% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Matthews Residents
- North Carolina's income tax rate of 4.5% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
- Property tax in Matthews (0.78%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in North Carolina
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HighWilmington
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ModerateCalculate Your Full North Carolina Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Matthews, NC?
Matthews, North Carolina has a state income tax rate up to 4.5%. The property tax rate is 0.78% and the combined sales tax rate is 6.84%.
How much is property tax in Matthews?
The effective property tax rate in Matthews is 0.78%. On the median home price of $263,000, this equals approximately $2,051 per year or $171 per month. This is below the national average of 1.1%.
What is the sales tax rate in Matthews?
The combined sales tax rate in Matthews is 6.84%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Matthews's tax burden compare to other cities?
Matthews has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 25.3%. The combination of 4.5% state income tax, 0.78% property tax, and 6.84% sales tax determines the total burden. Cost of living index is 87 (100 = national average).
Are there any local taxes in Matthews?
Matthews does not impose a separate local or city income tax. Residents pay the state income tax of 4.5%, federal income tax, and FICA (Social Security and Medicare).