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.
Real property taxes are due December 31. The first half of the tax becomes delinquent on the following May 1 and the second half becomes delinquent on September 1. When are personal property taxes due? Personal property taxes are due December 31. The first half of the tax becomes delinquent on the following May 1 and the second half becomes delinquent on September 1. On the due date, the taxes become a first lien on all personal property you own. If the taxes are not paid, any personal property you own, whether taxable or not, is subject to seizure in order to satisfy the lien.