Old Dominion News

Virginia collected $1 million in property taxes during the third quarter of 2021, a 97.7 percent decrease from the second quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Second-quarter property tax revenue was $43 million.

Overall, Virginia collected $8 billion in combined tax revenues in the third quarter of 2021.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Type of Tax	Amount
Property Taxes	$1,000,000
Sales and Gross Receipts Taxes	$2,819,000,000
Income Taxes	$4,631,000,000

Source: U.S. Census Bureau