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.
Aug. 15 is the due date to file for the renterâs or homeownerâs refund. State lawmakers passed the property-tax refund increases in May, in the waning days of their 2014 session. They provide a 6 percent refund boost for qualifying renters and a 3 percent boost for homeowners, Frans said.