23138 Property Tax Rate

Property owners in ZIP code 23138 (Port Haywood, Virginia) pay a median of $1,869/year in property taxes on homes valued at $270,800. This translates to an effective tax rate of 0.69%, which is near the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23138 is approximately $156, which factors into escrow payments on mortgages. This ZIP code is located within Mathews County. This is $374 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23138 has lower property taxes. ZIP codes with similar effective rates include 22973 (0.69%) and 24290 (0.69%).

In Port Haywood, property taxes represent approximately 2.4% of the median household income of $76,306, 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.