Tag: finance
-
Income vs. Wealth: Understanding Kingsport’s Retiree-Driven Metrics
Public discussion about Kingsport’s economy often leans on a single familiar figure: median household income. It is simple, understandable, and widely used. Yet in Kingsport’s case, it can also be one of the most misleading indicators of our true economic condition. Many of Kingsport’s major job sectors—manufacturing, health care, finance, and professional services—offer median wages…
-
Kingsport’s Quiet Surge in New Housing
A recent comparison of new-construction listings across nine Tennessee peer cities reveals a striking trend: Kingsport is undergoing one of the most rapid shifts in new-home availability anywhere in the region. While places such as Cleveland, Cookeville, Johnson City, Maryville, and Morristown currently list more total new homes, the year’s most dramatic movement belongs unmistakably…
-
A Market Finding Its Sustainable Rhythm
MOVE TO KINGSPORT MONTHLY REPORT The November 2025 relocation data confirm that Kingsport has entered a new phase of steady, durable growth—one that is less explosive than the post-pandemic wave, but far more sustainable. In November 2025, Kingsport welcomed 39 new families from 18 states, averaging 2.29 new families per workday. The median home price…
-
Think You Know Burlington? Think Again
BURLINGTON OPENS AT KINGSPORT PAVILION ON OCTOBER 10 Burlington has been part of Kingsport for 36 years, but the new store at Kingsport Pavilion (2626 East Stone Drive) isn’t “more of the same.” The retailer has rebuilt its playbook and is expanding nationwide while many chains are shrinking. At a time when others lean harder…
-
Why Tennessee—and Kingsport—Make Saving Money Possible
Bankrate’s new 2025 study on the best and worst states for saving money confirms what many of us already sense: where you live can make or break your ability to build a cushion. Tennessee ranked #1 in the nation, thanks to low taxes and a cost of living that still beats the national average. That…
-
Kingsport offers the best value proposition within 300 miles
We started by mapping every city with more than 25,000 residents inside a 300-mile radius of Kingsport, then ranked them by July 2025 median sale price (Realtor.com). The result—downloadable at the end of this post—sweeps across the eastern heartland, from Indiana and Ohio through Kentucky and West Virginia, on to Virginia, the Carolinas, Georgia and…
-
Kingsport’s Wage Gains in Context: When Paychecks Stretch Further
In assessing local prosperity, it’s tempting to focus on headline wage figures: “Knoxville pays $31 per hour,” or “Johnson City surged to $30.” But for Kingsport—a city long celebrated for its measured growth and community spirit—the real story lies in how those paychecks go further against local costs. By blending respectable nominal wage gains with…
-
Unlocking Economic Growth: New Housing’s Impact on Sales Tax Revenue
I was recently asked about the fiscal impact of a typical housing development on Kingsport’s sales tax revenue. Let’s consider a recent development with 77 single-family homes and 16 condos, totaling 93 units. Assuming a median price of $350,000 per home, a buyer would need an income of approximately $80,628 to afford this with a…
-
GDP Reflects the Economic Strength of Tri-Cities
Gross Domestic Product (GDP) is a key measure of a local economy’s health, representing the total value of goods and services produced within a specific area. It provides insight into economic growth, business activity, and overall financial well-being. While the Census tracks population and demographics, GDP serves as a measure of economic output and business…
Kingsport Spirit 