Bristol County, Virginia Property Taxes

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

Median Bristol County effective property tax rate: 1.17%, significantly higher than the national median of 1.02%.
Median Bristol County home value: $98,400
Median annual Bristol County tax bill: $1,144, $1,256 lower than the national median property tax bill of $2,400.

How are property taxes in Bristol County calculated?

Property taxes in Bristol County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Bristol or another part of Bristol County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bristol County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.12%

Estimate Property Tax Bill

$1,103

$1,024

Ownwell’s Bristol County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bristol County with just two data points. By entering your property's estimated assessed value, our calculator applies Bristol County’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 more 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 County, Virginia

Local government entities set tax rates, which can vary widely within a state. 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 County's effective property tax rate to other counties in Virginia or the U.S. median property tax rate.

Property Tax Rates Across Bristol County, Virginia

Source: Ownwell

1.12%

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 County Tax Rate

1.12%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bristol County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bristol	1.12%	1.12%	1.12%	1.12%	1.12%

Source: Ownwell

Property Tax Assessment Values Across Bristol County, Virginia

When examining property taxes in Bristol County, 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. Assessment notices: In Bristol County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 County. For example, the median tax bill in Bristol County is $1,144, with tax bills ranging significantly across the county. Bristol has the highest median home price at $98,400.

Property Tax Assessment Values Across Bristol County, Virginia

Source: Ownwell

$96,200

$114,900

$133,600

Median Bristol County Market Value

$98,500

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bristol County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bristol	$31,100	$59,900	$98,500	$140,000	$179,570

Source: Ownwell

Property Tax Bills Across Bristol County, Virginia

In Bristol County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. The median home price in the county is $98,400, significantly lower than the national median. The property tax rate is applied to this assessed value to calculate the annual tax bill. In Bristol, the tax bill can vary widely, with the 25th percentile paying around $686 and the 75th percentile paying approximately $1,630. The 90th percentile sees bills as high as $2,097.

For homeowners, this means that property taxes can represent a significant portion of their annual expenses. The median tax bill in the city of Bristol is $1,144, which is below the national median of $2,400. This lower tax burden can make homeownership more affordable compared to other parts of the country, but it also means less revenue for local services. Understanding these factors is crucial for homeowners planning their budgets or considering property investments in the area.

Property Tax Bills Across Bristol County, Virginia

Source: Ownwell

$1,062

$1,263

$1,464

Median Bristol County Tax Bill

$1,092

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Bristol County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bristol	$334	$653	$1,092	$1,555	$1,996

Source: Ownwell

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