Living in Matoaca, Virginia

Cost of living, income, home prices, rent and demographics of Matoaca · Census data 2020–2024

Matoaca has 2,724 residents with a median age of 30.5. The median household income is $70,174 (25% lower than the Virginia median), the median home value is $251,000, the median rent is $1,039/month.

Matoaca at a glance

Population
2,724
Median age
30.5State: 39
Median household income
$70,174State: $93,170
Median home value
$251,000State: $383,700
Median rent
$1,039/moState: $1,579
Homeowners
75.9%
Bachelor's degree or higher
30.9%
Average commute
33 min

Is Matoaca a good place to live?

Pros: Home values 35% lower than the state median.

Cons: Median household income 25% lower than the Virginia median; an average commute of 33 minutes; unemployment of 9%; a poverty rate of 22%.

The weather is best in April–May and September–October.

Cost of living in Matoaca

Housing is the biggest part of the cost of living. In Matoaca the median home value is $251,000, 25% lower than the U.S. median. Renters pay a median of $1,039 per month, which is 35.1% of household income. Homeowners with a mortgage pay $1,507 a month in housing costs.

Median home value

Matoaca$251,000
Virginia$383,700
United States$332,700

Median monthly rent

Matoaca$1,039
Virginia$1,579
United States$1,413

Matoaca median household income

The median household income in Matoaca is $70,174 and the income per person is $31,271. 22% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Matoaca$70,174
Virginia$93,170
United States$80,734

Housing in Matoaca: homes for sale and rent

Housing units
1,176
Owner-occupied
75.9%
Renter-occupied
24.1%
Vacant
15.6%Includes seasonal homes
Median year built
1969
Average household size
2.74

Matoaca demographics

Population
2,724
Median age
30.5
Under 18
30.8%
65 and older
10.9%
Households
993
Foreign-born
0%
Veterans
5.2%Adults 18+

Race and ethnicity

White56.9%
Hispanic or Latino5.5%
Black36.9%
Asian0%

Hispanic or Latino can be of any race. Population history of Matoaca ›

Education in Matoaca

30.9% of adults 25 and older in Matoaca have a bachelor's degree or higher (Virginia: 42.2%), and 16.4% have a graduate or professional degree.

Bachelor's degree or higher

Matoaca30.9%
Virginia42.2%
United States35.7%

Jobs and commute in Matoaca

Unemployment rate
9%State: 4.3%
Average commute
33 minState: 27 min
Work from home
16.9%
Drive alone
69.3%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Matoaca vs nearby towns

TownPopulationMedian incomeHome valueRent
Matoaca2,724$70,174$251,000$1,039
Ettrick5,910$58,137$211,200$1,191
Colonial Heights18,352$76,505$246,600$1,234
Petersburg33,537$50,698$189,000$1,174
Chester24,474$95,104$327,200$1,603
Hopewell22,959$54,729$181,600$1,106
Enon4,137$76,341$253,600$1,770
Prince George1,829$61,571—$1,625
Dinwiddie589$104,205$329,100—

More for people moving to Matoaca

Matoaca ZIP code ›Weather and climate ›

Living in Matoaca: FAQ

What is the median household income in Matoaca, VA?

The median household income in Matoaca is $70,174, 25% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Matoaca?

The median home value in Matoaca is $251,000, compared with $383,700 in Virginia.

How much is rent in Matoaca?

The median gross rent in Matoaca is $1,039 per month, about 35.1% of household income.

Is Matoaca, VA a good place to live?

Pluses: home values 35% lower than the state median. Minuses: median household income 25% lower than the Virginia median; an average commute of 33 minutes; unemployment of 9%; a poverty rate of 22%.

What is the median age in Matoaca?

The median age in Matoaca is 30.5 years (Virginia: 39).

How long is the commute in Matoaca?

The average commute to work in Matoaca is 33 minutes; 16.9% of workers work from home.

What is the unemployment rate in Matoaca?

The unemployment rate in Matoaca is 9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Matoaca?

30.9% of adults in Matoaca have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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