Kingsport, TN Foreclosed Homes & Properties

Foreclosure Homes in Kingsport, TN: What You Need to Know

Unlike many other cities, Kingsport, TN offers a unique combination of a high quality of life for a low cost of living. Affordability is a huge factor for many new residents moving into the city. The overall cost of living is 13% lower than the national average. Goods and services are 4% lower, and housing is a whopping 30% lower than national averages. Utilities (electric, water, garbage) will run about $204 a month. A one-bedroom apartment rents for $650 on average. The median home value is $206,886. The sales tax is 7%.  

Job Opportunities in Kingsport, TN 

The largest industries by the number of people employed are Health Care & Social Assistance (3,515 people), Manufacturing (*3,403 people), and Retail Trade (2,985 people). The highest paying industries include Management of Companies & Enterprises ($111,250), Utilities ($92,200), and Mining, Quarrying, & Oil & Gas Extraction ($63,787). Eastman Chemical is a Fortune 500 company (ranked 343) with headquarters located in Kingsport and 14,500 employees. The average salary in this area is about $62,000 or $14.99 per hour. The unemployment rate as of December 2020 was 6.20%.

Schools and Higher Education 

Kingsport City Schools is a public school district that serves students in Sullivan and Hawkins county. The district has about 7,672 students and a student/teacher ratio of 16 to 1. The school district spends an average of $10,449 per student each school year. The nearest college is Northeast State Community college (8.2 miles from Kingsport). The University of Tennessee in Knoxville is a top-rated institution and has about 28,894 enrolled students.  

Weather and Climate 

Summers are hot and humid, with an average high temperature of 88ºF. January is the coldest month of the year, with an average low temperature of 27ºF. Tennessee gets more rain than the national average, receiving 54 inches of rain per year. Snow is not common, with an average of 4 inches of snow per year. Some natural disasters that Tennessee is prone to are severe storms (thunder, lightning, hail, ice storms, or even snowstorms), floods, wildfires, tornadoes, earthquakes, and tropical storms.