Washington County · Virginia · South · 17k residents
Bristol, VA: economy, jobs & business costs
The site-selection read on Bristol: labor costs, talent, corporate tax, energy, and business activity, with the Virginia median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $967/wk. Virginia's corporate income tax rate is 6%. Commercial electricity averages 8.7¢/kWh.
Compare Bristol side by side
Avg. weekly wage
$967/wk
Corporate income tax
6%
Bachelor's degree or higher
24.8%
Commercial electricity
8.7¢/kWh
Economic momentum
How fast Bristol's economy is moving, ranked against the US cities we track.
97/100
Heating
Ranks Bristol's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $184,100 |
| Price per sq. ft. | $220 |
| Property tax rate | 0.87% |
| 1-bedroom rent | $412/mo |
| 2-bedroom rent | $827/mo |
| State & local income tax | 4.36% |
| Sales tax | 5.75% |
| Corporate income tax | 6% |
| Avg. weekly wage | $967/wk |
| Bachelor's degree or higher | 24.8% |
| Commercial electricity | 8.7¢/kWh |
| Businesses per 1k residents | 29.7/1k |
| Wage: Software developer | $115,310 |
| Wage: Registered nurse | $76,730 |
| Wage: General manager | $97,450 |
| Wage: Customer service | $36,130 |
| Wage: Warehouse worker | $35,760 |
| Wage: Heavy truck driver | $54,700 |
| Wage: Electrician | $60,070 |
| Wage: Retail salesperson | $31,200 |
| Cost of living index | 82 |
| Groceries index | 100 |
| Utilities | $175/mo |
| Transit pass | $70/mo |
| Gas price | $3.15/gal |
| Healthcare index | 98 |
| Childcare (per child) | $1,250/mo |
| Median household income | $50,404 |
| Unemployment rate | 2.9% |
| Population | 17k |
| Crime index | 32/100 |
| School rating | 6.8/10 |
| Walkability | 30/100 |
| Disaster risk | 47/100 |
| Avg. commute | 28 min |
| Sunny days / year | 210 days |
| July high | 85°F |
| January low | 24°F |
| Annual snowfall | — |
| Home price YoY | -0.9% |
| Home price MoM | -0.4% |
| Rent YoY | — |
| Rent MoM | -0.3% |
| Employment (jobs) YoY | +3.6% |
| Building permits YoY | — |
| Ocean coast | 275 mi |
| Big lake | 104 mi |
| Mountains | 34 mi |
| Major airport | 117 mi |
| Ski resort | 35 mi |
Popular comparisons
Nearby
- Radford, VA · 17k
- Christiansburg, VA · 23k
- Blacksburg, VA · 45k
- Salem, VA · 26k
- Roanoke, VA · 98k
Similar size
- Bull Run CDP (Prince William County), VA · 17k
- Manassas Park, VA · 17k
- Bon Air, VA · 17k
- Fort Hunt, VA · 17k
- Burke Centre, VA · 17k
Real listings in Bristol
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Bristol a good place to run a business?
- Virginia's corporate income tax rate is 6%; average weekly wages in the surrounding labor market run $967/wk; commercial electricity averages 8.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Bristol, VA?
- Bristol indexes at 82 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $827/mo and a acs median home value of $184,100.
- How much does a house cost in Bristol?
- The acs median home value in Bristol is $184,100 (Census ACS estimate; individual listings vary).
- How much is rent in Bristol?
- A two-bedroom in Bristol rents for about $827/mo.