Kingsport-Bristol-Bristol, TN Metro Area is an ideal place to live for those looking for a great quality of life, with lower rent rates and grocery costs than the national average. The area offers two bedroom apartments at an average rate of $790, which is significantly lower than the United States' average of $1,430 for similar units. Additionally, grocery costs in the area index at 95 versus 100 in the US. Local companies that call this metro area home include Eastman Chemical Company, Meadors Inc., Alpha Natural Resources, and Holston Medical Group.
Kingsport-Bristol Metro Area has an unemployment rate of 5.3%. The US average is 6.0%.
Kingsport-Bristol Metro Area has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Kingsport-Bristol Metro Area
- The Sales Tax Rate for Kingsport-Bristol Metro Area is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Kingsport-Bristol Metro Area is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kingsport-Bristol Metro Area
- The average income of a Kingsport-Bristol Metro Area resident is $23,471 a year. The US average is $28,555 a year.
- The Median household income of a Kingsport-Bristol Metro Area resident is $49,392 a year. The US average is $69,021 a year.