Rate Breakdown

Property taxes in Mathews County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Mathews County

Property taxes in Mathews County are calculated based on the assessed value of your property and the applicable millage rate. The county assesses property values annually, ensuring they reflect fair market value. Assessments are conducted by the Commissioner of the Revenue’s office, which evaluates factors such as property size, location, and improvements.

The millage rate, set by the Mathews County Board of Supervisors, is applied to the assessed value to determine your tax liability. For example, if your property is assessed at $300,000 and the millage rate is $0.75 per $100 of assessed value, your annual property tax would be $2,250. Millage rates may vary slightly depending on whether your property is located in a town or the county.

Available Exemptions

Mathews County offers several property tax exemptions to eligible residents. These include:

• Homestead Exemption: Provides partial tax relief for primary residences. Applicants must be permanent residents of Virginia and occupy the property as their primary dwelling.
• Senior Citizen Exemption: Available to homeowners aged 65 or older with a household income below a specified threshold. This exemption can significantly reduce property tax burdens for qualifying seniors.
• Disability Exemption: Offers tax relief to property owners who are permanently and totally disabled. Proof of disability from a recognized authority is required.
• Veteran Exemption: Veterans with a service-connected disability may qualify for partial or full exemption, depending on the severity of the disability. Surviving spouses of eligible veterans may also qualify.

To apply for exemptions, contact the Commissioner of the Revenue’s office for detailed eligibility requirements and application forms.

Payment Schedule & Deadlines

Property taxes in Mathews County are typically due annually, with payments required by December 5th. Late payments incur penalties and interest, so timely payment is essential. The county also offers installment options for qualified taxpayers, allowing payments to be split into two equal installments due on June 5th and December 5th.

Failure to pay property taxes can result in a lien being placed on your property, and prolonged delinquency may lead to foreclosure. If you anticipate difficulty meeting payment deadlines, contact the Treasurer’s office to discuss potential solutions.

Appealing Your Assessment

If you believe your property has been assessed unfairly, you have the right to appeal. The appeals process begins with filing a written appeal with the Commissioner of the Revenue’s office within 30 days of receiving your assessment notice. Include supporting documentation, such as recent appraisals or comparable property values, to strengthen your case.

Your appeal will be reviewed by the Board of Equalization, which may adjust your assessment if deemed necessary. If you are unsatisfied with the Board’s decision, you can further appeal to the Circuit Court. It’s advisable to consult with a property tax professional or attorney to navigate the appeals process effectively.