24202 Property Tax Rate

Property owners in ZIP code 24202 (Bristol, Virginia) pay a median of $1,068/year in property taxes on homes valued at $195,200. This translates to an effective tax rate of 0.55%, which is 19% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24202 is approximately $89, which factors into escrow payments on mortgages. This ZIP code is located within Washington County. This is $1,175 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24202 has higher property taxes. ZIP codes with similar effective rates include 22935 (0.55%) and 24266 (0.55%).

In Bristol, property taxes represent approximately 1.8% of the median household income of $58,333, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Washington County determines all assessments locally without statewide reassessment rules at closing. Washington County provides a circuit breaker credit for seniors 65+ and disabled owners with income under the county threshold, and Land Use Taxation for farm/forest parcels. Visit the Washington County Assessor to apply for relief programs and confirm your assessed value is accurate within 30 days of purchase.