Bristol, Bristol County, Rhode Island Property Taxes

Name: Property Tax Bills Across Bristol, Bristol County, Rhode Island
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bristol, RI effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Rhode Island state median of 1.48%.
Median Bristol, RI home value: $373,900
Median annual Bristol, RI tax bill: $4,995, $2,595 higher than the national median property tax bill of $2,400.

How are property taxes in Bristol calculated?

Property taxes in Bristol, RI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Bristol’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bristol, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bristol, Bristol County, Rhode Island Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$5,010

$4,649

Ownwell’s Bristol Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bristol with just two data points. By entering your property's estimated assessed value, our calculator applies Bristol’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bristol County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bristol, Bristol County, Rhode Island

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Bristol’s effective property tax rate to other cities in Rhode Island and the median property tax rates in Rhode Island and the U.S. Bristol, located in Bristol County, has a property tax rate that stands out within Rhode Island. The median property tax rate in Rhode Island is higher than the national median, reflecting the unique fiscal landscape of the state. This higher rate underscores the importance of understanding local tax obligations and exploring potential appeal opportunities. Comparing Bristol's rate to the national median highlights the variations in tax burdens homeowners might face, emphasizing the value of seeking expert guidance to navigate these complexities effectively.

Property Tax Rates Across Bristol, Bristol County, Rhode Island

Source: Ownwell

1.34%

1.68%

2.03%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Bristol Tax Rate

1.34%

Median Effective Bristol County Tax Rate

1.37%

Median Effective Rhode Island Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bristol, Bristol County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02809	1.34%	1.34%	1.34%	1.34%	1.34%

Source: Ownwell

Property Tax Assessment Values Across Bristol, Bristol County, Rhode Island

When examining property taxes in Bristol, RI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bristol County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Bristol County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bristol. For example, the median home price in Bristol is $373,900, with tax bills ranging significantly across the county. Zip code 02809 has the highest median home price at $373,900.

Property Tax Assessment Values Across Bristol, Bristol County, Rhode Island

Source: Ownwell

$373,900

$405,450

$437,000

Median Bristol Market Value

$373,900

Median Bristol County Market Value

$394,000

Median Rhode Island Market Value

$326,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bristol, Bristol County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02809	$266,900	$312,200	$373,900	$475,700	$620,180

Source: Ownwell

Property Tax Bills Across Bristol, Bristol County, Rhode Island

In Bristol, RI, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Bristol is $373,900, and with a tax bill ranging from $4,171 at the 25th percentile to $8,285 at the 90th percentile, homeowners often face higher tax burdens than the national median bill of $2,400. Factors such as property size, location, and improvements influence the assessed value, directly impacting the tax bill. The local tax rate, combined with the assessed value, determines the final amount homeowners owe.

For homeowners in Bristol, these property taxes can be a significant financial burden. However, Ownwell offers a solution to alleviate this stress. Through expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills by ensuring their property is fairly assessed. By identifying discrepancies or opportunities for exemptions, Ownwell can assist in lowering the financial impact of property taxes, providing peace of mind and potential savings for homeowners.

Property Tax Bills Across Bristol, Bristol County, Rhode Island

Source: Ownwell

$4,995

$6,933

$8,871

Median Bristol Tax Bill

$4,995

Median Bristol County Tax Bill

$6,020

Median Rhode Island Tax Bill

$4,920

Median United States Tax Bill

$2,400

Property Tax Bills Across Bristol, Bristol County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02809	$3,566	$4,171	$4,995	$6,355	$8,285

Source: Ownwell