StateRates

Bristol city, Virginia property tax

The median homeowner in Bristol city, Virginia pays $1,294 a year in property tax on a home worth $168,700, an effective rate of 0.77%. The national effective rate is 0.98%.

Effective rate 0.77% #38 of 129 in Virginia
Median tax bill $1,294 per year
Median home value $168,700 owner-occupied
Median income $44,706 household

What the rate means here

At 0.77%, Bristol city taxes property more lightly than the national 0.98%. With a median home at $168,700, that produces a bill of $1,294. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #38 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,548 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.77 times the median household income of $44,706, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. This is a small rural county of 17,024 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,925 per year at 0.77%
$400,000 home $3,080 per year at 0.77%
$600,000 home $4,620 per year at 0.77%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Bristol city, Virginia against Virginia and the country
Bristol city Virginia United States
Effective property tax 0.77% 0.74% 0.98%
Median tax bill $1,294 $2,686 $2,969
Median home value $168,700 $360,700 $303,400
Median gross rent $775 $1,514 $1,348
Median household income $44,706 $90,974 $78,538
Home price to income 3.77× 3.96× 3.86×
Rent as share of income 20.8% 19.97% 20.6%
Owner-occupied 63.15% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 17,024.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Manassas Park city 1.14% $4,329 $381,200
Buckingham County 0.52% $874 $167,800
Giles County 0.63% $907 $143,500
Radford city 0.70% $1,488 $211,700
Patrick County 0.58% $851 $146,500

Bristol city property tax: common questions

What is the property tax rate in Bristol city, Virginia?

The effective rate is 0.77% of home value, from a median tax bill of $1,294 against a median home value of $168,700. That is 0.21 points below the national 0.98%.

How much is property tax on a $400,000 home in Bristol city?

Roughly $3,080 a year at the county effective rate of 0.77%.

Is Bristol city expensive compared with the rest of Virginia?

It ranks #38 of 129 Virginia counties by effective property tax rate, and #1548 of 2,826 nationally. That is 0.03 points above the Virginia average of 0.74%.

What does housing cost in Bristol city?

The median home is worth $168,700 and median gross rent is $775 a month. Median household income is $44,706, which puts the home at 3.77 times annual income and rent at 20.8% of it.