Matinkylä

02230 · Espoo · Uusimaa

02230 Matinkylä

In brief

Matinkylä (02230) has 22,927 residents, 7% of the population of Espoo. It is the largest among the postal code areas of Espoo. The age structure is close to Espoo's: 27% of residents are aged 16 to 34 and 17% are 65 or over. 46% of households are people living alone and 22% are families with children.

Almost all homes are in blocks of flats (81%). Homes are smaller on average than in Espoo (68.3 m² against 75.1 m²). 54% of households rent their home, more than in Espoo (47%). An old one-bedroom flat sells for €3,589 per m² on average, 3% less than the average in Espoo. The price per m² has fallen by 8% since 2020. The price equals 15.4 years of rent at €19.43 per m² a month in new leases.

The median disposable monetary income of residents is €29,405 a year, about €2,450 a month: 5% lower than in Espoo and 12% higher than in Finland. 12% of the labour force is unemployed, about the same as in Espoo (10%). The area has 6,524 jobs; the largest industry is wholesale and retail trade (24%). More common than usual is manufacturing: 21% of jobs (Espoo: 10%).

The number of residents has grown by 14% since 2014, slower than in Espoo.

Rank among the city's areas

Residents
22,927
The highest of 45 areas in Espoo
Unemployment
12%
6th highest of 45 areas in Espoo
Espoo 10%
Households renting
54%
9th highest of 45 areas in Espoo
Espoo 47%

Key figures

Residents and households 2024, prices and rents latest quarters

Price per m², 1 bedroom: €3,589; -8.0% since 2020; Espoo€3,709
Rent per m², 1 bedroom: €19.43; Figure for Espoo-Kauniainen 1; Espoo€18.46
Residents: 22,927; +13.9% since 2014; Mean age41.0
Disposable monetary income, median: €29,405; +27.4% since 2014; a year, about €2,450 a month; Espoo€30,946; Finland€26,351
Households renting: 54%; of 11,515 households; Espoo47%; Finland38%
University or college degree: 48%; of residents aged 18 or over; Espoo50%; Finland36%

Housing costs

An old one-bedroom flat sells for €3,589 per m² on average, 3% less than the average in Espoo. The price per m² has fallen by 8% since 2020.

Price per m²

€3,589

Postal code area 02230
Sales of old flats in blocks of flats, 2026 Q1, 26 sales

Rent per m² a month

€19.43

Figure for Espoo-Kauniainen 1
New leases, non-subsidised flats, 2026 Q3

Espoo: €18.46

Middle half of sales, € per m²

Matinkylä€3,589Espoo €3,709

€2,698 – €4,809Figure for Espoo-Kauniainen, 2026 Q2

Price-to-rent ratio: 15.4 years; Espoo: 16.7
Gross rental yield: 6.5%; Espoo: 6.0%
Middle half of rents, € a month: 870–€1,001; Figure for Espoo-Kauniainen 1, 2026 Q3
Maintenance charge: €5.90; Average per m² a month, Greater Helsinki, 2025
Change a year: 10 yrs5 yrsPrice+0.8%-2.1%Rent+0.5%0.0%; Average of the price index (Espoo-Kauniainen 1) and rent index (Espoo-Kauniainen)

Source: Statistics Finland

Price per m² by flat sizeStudio1 bedroom2+ bedrooms

Yearly average price of old flats in blocks of flats in this postal code area. Gaps are years with too few sales to publish. Source: Statistics Finland.

Rent, right of occupancy or buy?Enter a flat in this area and see which option comes out ahead, year by year.Compare here

Compared with the other areas

In none of these 9 figures is the area among the three highest or lowest postal code areas of Espoo.

Price per m², 1 bedroom12/24
€2,262Espoon Keskus
Espoo €3,709Matinkylä €3,589
€5,708Tapiola
€2,262Espoon Keskus€5,708Tapiola
Median disposable income37/45
€12,135Otaniemi
Espoo €30,946Matinkylä €29,405
€47,267Westend
€12,135Otaniemi€47,267Westend
Households renting9/45
2%Jupperi
Espoo 47%Matinkylä 54%
94%Otaniemi
2%Jupperi94%Otaniemi
Aged 16 to 3412/45
14%Siikajärvi
Espoo 26%Matinkylä 27%
84%Otaniemi
14%Siikajärvi84%Otaniemi
Aged 65 or over18/45
1%Otaniemi
Espoo 15%Matinkylä 17%
28%Suvisaaristo
1%Otaniemi28%Suvisaaristo
Families with children35/45
4%Otaniemi
Espoo 26%Matinkylä 22%
42%Mankkaa
4%Otaniemi42%Mankkaa
University or college degree29/45
23%Lakisto
Espoo 50%Matinkylä 48%
70%Pohjois-Tapiola
23%Lakisto70%Pohjois-Tapiola
Unemployment6/45
3%Otaniemi
Espoo 10%Matinkylä 12%
17%Espoon Keskus
3%Otaniemi17%Espoon Keskus
Average home size32/45
43.2 m²Otaniemi
Espoo 75.1 m²Matinkylä 68.3 m²
179.6 m²Suvisaaristo
43.2 m²Otaniemi179.6 m²Suvisaaristo

Residents

Age

The age structure is close to Espoo's: 27% of residents are aged 16 to 34 and 17% are 65 or over.

MatinkyläEspoo

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents in each age group.

Main activity

Pensioners make up 18% of residents, more than in Espoo (16%).

Matinkylä46%18%16%
Espoo47%16%18%
Finland43%26%15%

Employed46%
Unemployed6%
Students8%
Pensioners18%
Children aged 0–1416%
Other5%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of all residents. Unemployment is counted for ages 16 to 64.

Mean age: 41.0; Espoo: 39.0
Unemployed, share of the labour force: 12%; Espoo: 10%
Household size: 2.0; Espoo: 2.1
Floor area per person: 35.0 m²; Espoo: 35.9 m²

Households and homes

Tenure

54% of households rent their home, more than in Espoo (47%).

Matinkylä45%54%
Espoo53%47%
Finland61%38%

Owner-occupied45%
Rented54%
Other or unknown1%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of households.

Dwellings

Almost all homes are in blocks of flats (81%). Homes are smaller on average than in Espoo (68.3 m² against 75.1 m²).

Matinkylä81%18%
Espoo64%35%
Finland48%50%

Blocks of flats81%
Detached, semi-detached and terraced houses18%
Other buildings1%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of dwellings by building type.

Household types

46% of households are people living alone and 22% are families with children.

MatinkyläEspoo

Living alone46%, Espoo 41%
Living alone, under 3513%, Espoo 14%
Couple under 35, no children6%, Espoo 6%
With children22%, Espoo 26%
With a child under 36%, Espoo 6%
Single parent5%, Espoo 5%
All members aged 18–6452%, Espoo 51%
At least one member 65 or over26%, Espoo 23%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of households. A household can belong to several types.

Average dwelling size: 68.3 m²; Espoo: 75.1 m²
Dwellings: 12,431
Summer cottages: 60

Education and income

Highest qualification

48% of adults have a university or college degree, fewer than in Espoo (50%).

Matinkylä25%19%22%25%
Espoo21%20%24%26%
Finland22%36%22%13%

Basic education or unknown25%
Matriculation examination9%
Vocational qualification19%
Bachelor's or lowest tertiary22%
Master's or higher25%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents aged 18 or over.

Income groups

31% of adults are in the highest-earning fifth of Finland, more than in Finland (20%).

Matinkylä21%49%31%
Espoo20%46%34%
Finland20%60%20%

Lowest 20% in Finland21%
Middle 60%49%
Highest 20%31%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents aged 18 or over in the national income tenths. In Finland the groups hold 20%, 60% and 20%.

Inhabitants' disposable monetary income, median: €29,405; a year, about €2,450 a month; Espoo: €30,946
Households' disposable monetary income, median: €42,186; a year, about €3,516 a month; Espoo: €47,601
University or college degree: 48%; Espoo: 50%

Jobs

The area has 6,524 jobs; the largest industry is wholesale and retail trade (24%). More common than usual is manufacturing: 21% of jobs (Espoo: 10%).

Largest industries

MatinkyläEspoo

Wholesale and retail trade24%, Espoo 14%
Manufacturing21%, Espoo 10%
Health and social work19%, Espoo 14%
Education7%, Espoo 10%
Accommodation and food services5%, Espoo 3%
Professional, scientific and technical4%, Espoo 10%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of jobs with a known industry.

Jobs located here: 6,524
Jobs per resident: 0.28; People working in the area divided by people living there; Espoo: 0.43

Sectors

Matinkylä22%78%
Espoo17%83%
Finland20%77%

Primary production0%
Industry and construction22%
Services78%

Source: Statistics Finland, Paavo, statistics year 2024

Change since 2010

The number of residents has grown by 14% since 2014, slower than in Espoo. Median income has risen by 27% since 2014, at the same pace as in Espoo.

Residents

Permanent residents at the end of each year. Source: Statistics Finland, Paavo.

Disposable monetary income, medianMatinkyläEspooFinland

Income after taxes and compulsory payments, transfers received included. Euros of each year, not adjusted for inflation. Source: Statistics Finland, Paavo.

Neighbouring areas

Definitions and sources

Residents: People whose permanent home was in the area on 31 December, placed by the coordinates of their building. About 1% of residents have no coordinates and appear only in city figures.
Income: Disposable money income of residents aged 18 or over: earnings, entrepreneurial and property income and received transfers, minus taxes and other paid transfers. In euros of the year.
Households: People living permanently in the same dwelling. Household types overlap.
Prices: Average debt-free prices per m² of old flats in housing companies. A postal code area with too few sales gets the figure of its price area or city.
Rents: Average rents per m² of non-subsidised flats in new leases, by rent area.
Small areas: Statistics Finland withholds details of areas with fewer than 30 residents, households or adults, with fewer than 10 dwellings or only one building, or with fewer than 10 jobs.

Source: Statistics Finland: postal code area statistics (Paavo) 2024, prices of old dwellings, rents of dwellings (CC BY 4.0).