Home/Virginia/Mathews County

Mathews County Housing Market

Virginia · 133 counties · Ranked #2797 in home value

Above National Avg

Housing at a Glance

Median Home Value

$348,800

vs national+$348,800 vs $281,900 national

Median Gross Rent

$1,108/mo

vs national$1,108 vs $1,163 national

Effective Tax Rate

0.42%

vs national0.42% vs 1.02% national

Median Household Income

$75,487

vs national+$75,487 vs $74,755 national

Affordability Ratio

4.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

19.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,475

Tax as % of Home Value

0.42%

Monthly Owner Cost

$823

Renter Income

$41,061

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Frequently Asked Questions

What is the median home value in Mathews County?

The median home value in Mathews County is $348,800. This is above the national median of $281,900.

How much is rent in Mathews County?

The median gross rent in Mathews County is $1,108 per month.

What is the property tax rate in Mathews County?

The effective property tax rate in Mathews County is 0.42%. The median annual property tax bill is $1,475.

Is Mathews County affordable?

With a home-value-to-income ratio of 4.6x, Mathews County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.