Cost of Living in Mathews County, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Mathews County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Mathews County, Virginia
Mathews balances modest income with fair rents
At 17.6%, Mathews County's rent-to-income ratio sits slightly below the national average, offering residents a balanced housing market despite median earnings of $75,487 that nearly match the nation's $74,755. Renters here enjoy more breathing room than many peers.
Below-average burden in Virginia market
Mathews's rent-to-income ratio of 17.6% beats Virginia's state average of 18.6%, making it one of the state's more affordable options. At $1,108 median rent, it sits slightly above the state average but remains reasonable given the county's income and home values.
Mid-range pricing in peer comparison
Mathews's $1,108 rent and $823 owner cost position it squarely in the middle of the regional peer group, neither bargain nor premium. The $348,800 median home value reflects Mathews's appeal as a waterfront and rural retreat near Hampton Roads.
Mathews County's housing cost allocation
Renters dedicate 17.6% of their $75,487 income to housing, while homeowners commit approximately 13.1% to mortgage payments on homes worth around $348,800. Both figures remain well within national comfort zones for housing affordability.
Mathews suits balanced-budget relocators
If you're seeking reasonable housing costs combined with near-national-median incomes, Mathews County's waterfront lifestyle and affordability blend appeal. Compare the $75,487 median against your own income and weigh the rural location against your work and social needs.
Affordability Calculator
See how your income compares to housing costs in Mathews County
Rent Burden
17.6%
of gross income
Max Housing (28% Rule)
$1,761
per month
Owner Cost Burden
13.1%
of gross income
The median home in Mathews County may be a stretch
Median home value is $348,800. Estimated monthly cost: $2,785 vs. your max of $1,761.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.