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.
Taxes on real estate and personal property are due on September 1 and are payable through January 5. If January 5 falls on a Saturday or Sunday, the payment period is extended to the next business day. Real estate taxes are generally the legal obligation of the owner of record as of January 1.