According to the US Census Bureau, the average annual income for households in Virginia was $61,210 in 2008. This is over the national average of $52,029.
Annual property tax bills are mailed in early October of each year. The bill is payable in two installments. The first installment is due on November 1 and is delinquent if the payment is not received by 5:00 p.m. or postmarked by December 10; a 10% penalty is assessed for delinquent payments.
Payment of property tax depends on when the property is transferred. Unpaid taxes continue to accrue against the property. What time of year are property taxes due? Taxes are due and payable on the first Monday of October and must be paid in full by last day of February of the following year to avoid interest. Are partial payments accepted for my taxes? Yes. What happens if I miss the tax payment deadline? On the first day of each month beginning March 1, interest of 1.5 percent (18 percent annually) is added to your base tax amount. Is Postmark accepted?