Bristol city Property Taxes

The effective property tax rate in Bristol city, Virginia is 0.77%. This rate is calculated by dividing the median property tax payment by the median home value in the county.

The median annual property tax payment in Bristol city is $1,294. Homeowners with a mortgage pay a median of $1,315, while those without a mortgage pay $1,252.

Bristol city's effective tax rate of 0.77% is higher than the Virginia state average of 0.70%. The median annual property tax in Bristol city is $1,294, compared to the state average of $1,960.

The median home value in Bristol city, Virginia is $168,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.

Bristol city's effective property tax rate of 0.77% is higher than the Virginia average of 0.70%. This difference of 0.06% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.

Bristol city ranks #96 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.77% and median annual tax of $1,294, it falls in the upper third of counties statewide.