Bristol, VA — income, home value, property tax, and sales tax.
In ZIP code 24201, which takes in part of Bristol, homes carry a median value of $176,500 while the county-level effective property tax rate sits at 0.75%. That works out to roughly $1,324 in annual property taxes on a median-valued home. Households here earn a median of $48,764, so the tax bill equals about 2.7% of that income, and per-capita income stands at $30,749. A 5.30% combined sales tax rate applies to purchases as well. Buyers weighing a move to this area can see that entry prices stay within reach of local earnings, though the tax load still claims a real share of paychecks.
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