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Mathews County

Learn about the people, housing, costs and businesses in Mathews County County

Median Home$345,024
Median Rent$1,033/month
Population8,540
Leading IndustriesWholesale Trade · Education · Manufacturing16% wholesale trade
Home Value Growth⬆⬆+18.3% over 2 years
Retirees33% of residentstop 2% nationally
Homeowners84% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
NotableHighly Educated20% hold a bachelor's degree · top 22% nationally
Mathews County
VA

Frequently Asked Questions

What are today's mortgage rates in Mathews County?

As of today, the 30-year fixed mortgage rate for Mathews County is approximately 6.972% (6.997% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mathews County?

The median home value in Mathews County is $345k. The median monthly rent is $1,033. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mathews County?

Home values in Mathews County have increased 18.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Mathews County?

Based on a typical all-in ownership cost of $908/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mathews County is $75k/year.

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What industries drive the economy in Mathews County?

The largest employment sectors in Mathews County are public administration (20%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas