Why Kingsport?

Total City & County property taxes on a $200,000 home in Kingsport,
Tennessee = $2,395 per year

You can find the tax rates at the following link  2007 Tennessee Property Tax Rates.  The rates on this page is stated as tax rate per $100 of assessed value.  Tennessee's assessed value for residential property is 25% of appraised value.  For example, if your home has been appraised at  $200,000, then the accessed value would be $50,000.  Use the following formula to calculate your taxes.  For more information go to the following link. 

How to Figure your Property Tax Bill

 

(Assessed value) $50,000 / 100 = 500 x (Sullivan County tax rate) $ 2.53 = (County tax) $1,265

(Assessed value) $50,000 / 100 = 500 x (Kingsport City tax rate) $ 2.30 = (City tax) $1,150

For a family of 4....

- No solid waste, garbage, trash or recycling fees
- No special school tax
- No special district tax
- No wheel tax (in Sullivan County)
- No state income tax on salaries/wages
- No personal property tax
- No vehicle inspection fees
- No annual vehicle taxes of any kind
- Water/Sewer = $65 per month
- Electricity = $64 per month
- Natural Gas = $100 per month
- Digital Cable = $60 per month
- Internationally accredited police and fire departments

- Kingsport ranked 95th nationally as the best place to do business

- Forbes ranked Kingsport 3rd in the nation this year as the lowest 
cost to  do business

- Kingsport/Bristol ranked 45th in nation for home price appreciation

- Kingsport ranked first this year in the region in best tasting water

- Kingsport/Bristol ranked 70 in nation's top 100 places to retire

- Kingsport's Dobyns Bennett ranked in the top 5% of America's high schools

- Kingsport ranked by Medical Economic Magazine as one of America's
Best Places to Practice Medicine. The unsolicited ranking had Kingsport as
the only Tennessee city to qualify, one of only 6 cities in Mid-South /
South Atlantic, and one of 29 nationwide.

- Sperling's Best Places for 2007 ranked Kingsport/Bristol and
Johnson City as the state's 2nd and 3rd best places (respectively, behind
Knoxville)

- In 2007, 8 of the region's Top 20 busiest non-interstate roadways
were in Kingsport, 4 were in Johnson City, 4 were in Greeneville, 3 were in
Elizabethton, and 1 was in Gate City/Weber City, VA

Current Development and Redevelopment:

- East Stone Commons (former Kingsport Mall in final phase of
occupancy)
- Kingsport Pavilion (former Mason-Dixon truck terminal)
- Reedy Creek Terrace (former bakery)
- Crown Point Shopping Center (Food City/Shops/Restaurant
Redevelopment)
- Riverbend Centre - Dining and shopping complex on Ft. Henry Drive
overlooking Holston River
- Second Lowe's being built in West Kingsport

New and Planned Restaurants:

- Edo Sushi Bar and Grill
- Kaffe Blue
- Panera Bread
- Starbucks

 New Housing Projects

The Edinburgh - A planned neighborhood of 300+ home sites
surrounding Kingsport's newest elementary school

Skyland Falls - A 15-acre gated community being built off Alderwood
Drive featuring 72 ranch-style condominiums

The Villas at Netherland Lane - A Mitch Cox Development Group
planned community featuring 40 villa homes across from Asbury Place

Settler's Ridge - A patio home development featuring 110 units on
Woods Way off Memorial Boulevard in Kingsport

Other patio home developments include Cooks Point at the corner of
Harbor Chapel Road and Cooks Valley Road; Pinebrook Place off Stone Drive;
and Cobblestone Place off Stone Drive

 EVENTS

The Santa Train
Funfest
Twilight Alive Thursday concerts
Bluegrass On Broadstreet Friday concerts
Sculpture Walk
Parades: 4th of July, Funfest, Christmas


Planned Sites

Kingsport Landing
Tennessee Interstate 26 Welcome Center

Legacy Sites:

MeadowView Resort and Conference Center (recent expansion of
facilities)
Allandale Mansion (ongoing improvements via City leaders and Friends
of Allandale)
Bays Mountain Park
Exchange Place
The Netherland Inn House Museum and Boatyard Complex
Kingsport Greenbelt
Kingsport Renaissance Center

Regional Items:

Allegiant Air - The Tri-City Regional Airport's first-ever low-fare
airline with direct flights to Orlando

Looking to Buy?

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Rodney and Robin Bohin, Certified Relocation Specialist; State of Franklin Real Estate, Inc. 215 Cumberland St. Kingsport, TN 37660
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