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