23109 Property Tax Rate

Property owners in ZIP code 23109 (Mathews, Virginia) pay a median of $1,426/year in property taxes on homes valued at $262,700. This translates to an effective tax rate of 0.54%, which is 19% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23109 is approximately $119, which factors into escrow payments on mortgages. This ZIP code is located within Mathews County. This is $817 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23109 has lower property taxes. ZIP codes with similar effective rates include 23442 (0.54%) and 24128 (0.54%).

In Mathews, property taxes represent approximately 2.1% of the median household income of $69,418, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Mathews County's 0.37% effective rate is determined entirely by local county taxation. Homeowners age 65 or older, those with disabilities, and surviving military spouses are eligible for the Circuit Breaker relief program, which bases relief on household income; apply to the Mathews County Assessor's Office. Contact the Mathews County Assessor immediately after purchase to file your exemption and ensure benefits apply to the current year.