Home/Virginia/Bristol city

Bristol city Housing Market

Virginia · 133 counties · Ranked #1476 in home value

Below National Avg

Housing at a Glance

Median Home Value

$168,700

vs national$168,700 vs $281,900 national

Median Gross Rent

$775/mo

vs national$775 vs $1,163 national

Effective Tax Rate

0.77%

vs national0.77% vs 1.02% national

Median Household Income

$44,706

vs national$44,706 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,294

Tax as % of Home Value

0.77%

Monthly Owner Cost

$879

Renter Income

$29,079

Frequently Asked Questions

What is the median home value in Bristol city?
The median home value in Bristol city is $168,700. This is below the national median of $281,900.
How much is rent in Bristol city?
The median gross rent in Bristol city is $775 per month.
What is the property tax rate in Bristol city?
The effective property tax rate in Bristol city is 0.77%. The median annual property tax bill is $1,294.
Is Bristol city affordable?
With a home-value-to-income ratio of 3.8x, Bristol city is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.