Property Taxes in Port Haywood, Virginia
Median Port Haywood, Virginia effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Port Haywood, Virginia home value: $249,050
Median annual Port Haywood, Virginia tax bill: $1,390, $1,010 lower than the national median property tax bill of $2,400.
How are property taxes in Mathews calculated?
Property taxes in Port Haywood, Virginia are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Port Haywood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Port Haywood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Port Haywood Property Tax Calculator Work?
Use this Port Haywood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Port Haywood's median effective tax rate of 0.56% — based on actual property records in Mathews County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Port Haywood's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Port Haywood: rates range from 0.56% in 23138 to 0.56% in 23138, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Port Haywood.
About Port Haywood Property Taxes
About Property Taxes in Port Haywood, Mathews, Virginia
Port Haywood’s median effective property tax rate of 0.56% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Mathews County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Port Haywood. Homeowners in ZIP code 23138 carry a median effective rate of 0.56%, while those in the lowest ZIP also pay 0.56%. This spread is minimal, but it still reflects how school district boundaries and local assessment districts are drawn across Mathews County. Understanding which part of Port Haywood you live in can make a meaningful difference to your annual tax bill.
Port Haywood homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Port Haywood, Mathews County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Port Haywood's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Port Haywood Tax Rate
0.56%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mathews County Tax Rate
0.56%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Port Haywood, Mathews County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23138 | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Port Haywood, Mathews County, Virginia
When examining property taxes in Port Haywood, Virginia, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Mathews County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Mathews County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Port Haywood.
For example, the median home price in Port Haywood is $249,050, with tax bills ranging significantly across the county. 23138 has the highest median home price at $249,050.
Property Tax Assessment Values Across Port Haywood, Mathews County, Virginia
Source: Ownwell
$179,500
$271,850
$364,200
Median Port Haywood Market Value
$249,050
Median Mathews County Market Value
$239,800
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Port Haywood, Mathews County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23138 | $64,160 | $137,925 | $249,050 | $414,325 | $565,600 |
Source: Ownwell
Property Tax Bills Across Port Haywood, Mathews County, Virginia
Property tax bills in Port Haywood are based on the assessed value of a home and the local tax rate set by Mathews County. When a property’s market value is assessed, that value is used to calculate the annual bill, so homes with higher assessed values generally owe more. The median home price in Port Haywood is $249,050, and the median tax bill is $1,390, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Several factors can affect what a homeowner pays, including the home’s assessed value, the county’s tax rate, and any exemptions or adjustments that may apply. Tax bills can vary widely, with the 25th percentile at $763 and the 75th percentile at $2,325. For homeowners, this means property taxes can be a meaningful part of housing costs, and changes in assessed value can directly affect the amount due each year.
Median Port Haywood Tax Bill
$1,390
Median Mathews County Tax Bill
$1,334
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Port Haywood, Mathews County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23138 | $327 | $763 | $1,390 | $2,325 | $3,167 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 1 |
Links | |
|---|---|
| Mathews Tax Assessor | |
| Website | eservices-mathews.com |