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.
Personal Property Tax Payment and penalty. Payment of the Personal Property Tax is due each year by October 5. If payment is late, a 10% late payment penalty is assessed on the unpaid original tax balance. An interest rate of 10% per annum is also added to any unpaid balance beginning the first day of the month following the original due date.