Matawan has the 2730th largest population in the United States. The population grew by 0.5% from 2010 to 2015, which was faster than the national average. Matawan is part of the New York City metro area. Unemployment in the New York City area is 4%, which is lower than the national average, and is getting better. New York City has the largest local economy in the US, and a high cost of living. The average pay for jobs in Matawan is above average at $61,300, and the median cost of a home in Matawan is $316,800, which is above the national average. 36% of workers in Matawan hold a bachelors degree or higher (above average), and 94% of workers have a high school degree (above average). Driving to work is especially common in Matawan. 73% of Matawan workers drive to work alone, 9% take public transit, 8% carpool, and 9% walk. People in Matawan spend an average of 35 minutes commuting to work, which is longer than the national average of 26 minutes.