According to the United States Census Bureau, the village has a total area of 7.2 square miles (18.7 km²), of which, 7.1 square miles (18.5 km²) of it is land and 0.1 square miles (0.2 km²) of it (0.97%) is water. The village's topography is mostly flat. It still contains some farmland and prairie within its borders.
There were 4,561 households out of which 37.0% had children under the age of 18 living with them, 55.3% were married couples living together, 18.1% had a female householder with no husband present, and 22.1% were non-families. 19.2% of all households were made up of individuals and 7.6% had someone living alone who was 65 years of age or older. The average household size was 2.81 and the average family size was 3.21.
In the village, the population was spread out with 27.7% under the age of 18, 8.1% from 18 to 24, 27.1% from 25 to 44, 26.4% from 45 to 64, and 10.8% who were 65 years of age or older. The median age was 37 years. For every 100 females there were 86.0 males. For every 100 females age 18 and over, there were 80.6 males.
The median income for a household in the village was $59,583, and the median income for a family was $65,666. Males had a median income of $46,075 versus $33,339 for females. The per capita income for the village was $25,024. About 2.7% of families and 4.4% of the population were below the poverty line, including 5.0% of those under age 18 and 7.4% of those age 65 or over.
The 110 acre Matteson Auto Mall, just west of Interstate 57 along US Highway 30, is the largest agglomeration of car dealerships in Illinois.
Ace Hardware operates a paint manufacturing facility in Matteson.