Property Tax & Income in Bristol city, Virginia
Bristol city has an effective property tax rate of 0.75%. On the median home value of $184,100, that's roughly $1,387 per year. Median household income is $50,404.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Bristol city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.75% | 0.60% |
| Median home value1 | $184,100 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Bristol city, VA
In Bristol city, Virginia, the median home is valued at $184,100, and its owner pays about $1,387 a year in real-estate taxes, based on an effective rate of 0.753%. That bill equals roughly 2.8% of the county's median household income of $50,404, so the yearly payment is a noticeable line in a household budget. Virginia's statewide median effective rate is 0.601%, meaning Bristol property owners are taxed at a higher share of home value than is common across the state. Nationally, the picture shifts: the U.S. median effective rate is 0.794%, so Bristol sits slightly below the country as a whole. Among Virginia's 133 counties, this one ranks 38th by property tax rate. Per-capita income here is $31,284.