Mathews, VA County is a small community located in the eastern part of Virginia with an estimated population of 8,363 as of 2019. It lies on the Middle Peninsula and is bordered by Mobjack Bay and the Piankatank River. The cost of living in Mathews County is moderate with 2 bedroom rent averaging at $1,330 which is somewhat lower than the national average of $1,430. Additionally, the cost of groceries index in Mathews is 100 compared to that nationally which stands at 100.
Some local companies operating in Mathews include Chevron Corporation, Mariner Petroleum Inc., Cape Oil & Gas Corp., and Chesapeake Energy Corporation. There are also several retail stores such as Home Depot, Walmart, Lowe's and Best Buy along with markets like Food Lion and Aldi's. The county also has medical centers like Riverside Regional Medical Center and Rappahannock General Hospital for health care services.
Mathews County has an unemployment rate of 4.0%. The US average is 6.0%.
Mathews County has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Mathews County
- The Sales Tax Rate for Mathews County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Mathews County is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mathews County
- The average income of a Mathews County resident is $33,487 a year. The US average is $28,555 a year.
- The Median household income of a Mathews County resident is $73,229 a year. The US average is $69,021 a year.