StateRates

Mathews County, Virginia property tax

The median homeowner in Mathews County, Virginia pays $1,475 a year in property tax on a home worth $348,800, an effective rate of 0.42%. The national effective rate is 0.98%.

Effective rate 0.42% #128 of 129 in Virginia
Median tax bill $1,475 per year
Median home value $348,800 owner-occupied
Median income $75,487 household

What the rate means here

At 0.42%, Mathews County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $348,800, and the bill lands at $1,475 anyway.

Inside Virginia it is among the lightest, ranking #128 of 129, against a statewide 0.74%. Manassas Park city, in the same state, charges 1.14%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 4.62 times the median household income of $75,487, close to the national 3.86. This is a small rural county of 8,517 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,050 per year at 0.42%
$400,000 home $1,680 per year at 0.42%
$600,000 home $2,520 per year at 0.42%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Mathews County, Virginia against Virginia and the country
Mathews County Virginia United States
Effective property tax 0.42% 0.74% 0.98%
Median tax bill $1,475 $2,686 $2,969
Median home value $348,800 $360,700 $303,400
Median gross rent $1,108 $1,514 $1,348
Median household income $75,487 $90,974 $78,538
Home price to income 4.62× 3.96× 3.86×
Rent as share of income 17.61% 19.97% 20.6%
Owner-occupied 85.61% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 8,517.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Franklin city 0.74% $1,677 $227,200
Richmond County 0.55% $1,188 $214,200
Lexington city 0.86% $2,378 $275,300
Rappahannock County 0.57% $2,787 $490,200
Cumberland County 0.64% $1,398 $220,100

Mathews County property tax: common questions

What is the property tax rate in Mathews County, Virginia?

The effective rate is 0.42% of home value, from a median tax bill of $1,475 against a median home value of $348,800. That is 0.56 points below the national 0.98%.

How much is property tax on a $400,000 home in Mathews County?

Roughly $1,680 a year at the county effective rate of 0.42%.

Is Mathews County expensive compared with the rest of Virginia?

It ranks #128 of 129 Virginia counties by effective property tax rate, and #2627 of 2,826 nationally. That is 0.32 points below the Virginia average of 0.74%.

What does housing cost in Mathews County?

The median home is worth $348,800 and median gross rent is $1,108 a month. Median household income is $75,487, which puts the home at 4.62 times annual income and rent at 17.61% of it.