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.
A California property tax bill includes a variety of different taxes and charges. As shown on the sample property tax bill in Figure 1, these levies commonly include: 1  The 1 percent rate established by Proposition 13 (1978).n 2010â11, California property tax bills totaled $55 billion. As shown in Figure 7, this amount included $43.2 billion under the 1 percent rate and $5.7 billion from voterâapproved debt rates, making ad valorem property taxes one of Californiaâs largest revenue sources.