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Tri-Cities sees growth in high-income households; Johnson City scores the largest number of them

By donfenley.com on February 10, 2017 • ( 2 )

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Johnson City dominates in the number of high-income households in the Tri-Cities. It also outnumbers the region’s other major cities in all but one of the three Census Bureau high-income households range.

That outlier is Kingsport. It has 810 households in the $150,000 to $199,999 range compared to Johnson City’s 792.

How the number of share of total households changed from 2008 – the year before the Great Recession gripped the local economy – until 2015 is a study in how the demographics of the Tri-Cities is changing.

During that period, Johnson City gained almost all of the growth of households in the $100,000 to $149,999 household range. But it lagged Kingsport’s growth in the upper two household income ranges.

Since the pre-recession benchmark, all three cities have increased their total number of high-income households. Here’s how much:

Bristol – 83

Johnson City – 1,401

Kingsport – 377

The mix, or share per income rage, was most stable in Bristol, which shows increases in all but the top household income bracket.

Kingsport’s growth pattern show it lost share in the lower high-income range but posted gains in the middle and top ranges.

Johnson City’s 3-point increase in the lower high-income range was the big gain for the region. The city also increased its share of the middle high-income range but showed a slight loss in the share of top household incomes.

This is the second of three articles on changes in household incomes since the recession the first was:

Johnson City leads lower middle-income Tri-Cities growth; Bristol has largest share of middle-income households

The final segment is on households in the lowest income ranges will be published shortly.