CORE DATA

Washington Co. posts region’s strongest 2016 economic ouput growth

Washington County TN's 2016 inflation-adjusted economic output was a full point better than the six other Tri-Cities counties. Combined with solid growth in Carter and Unicoi counties, the Johnson … [Read More...]

2016-annual

Tri-Cities commercial construction sees flat growth,  new permit value up

New Tri-Cities commercial real estate construction closed the year with one permit less than 2015, but unlike most of the 18 markets monitored by The Market Edge total, local permit value increased. … [Read More...]

high-end-homes

Washington Co. VA moves into top 2016 Tri-Cities spot for high-end home permits

Washington County VA topped the high-end home market in 2016, but it was a crowded field. A high-end home in the Market Edge's Residential Building Permit Trend Report is one with over 4,000 … [Read More...]

regional-new-home-permits

Small counties drive 2016 Tri-Cities new home permit growth; Sullivan, Washington see little-to-no growth

New home construction in the Tri-Cities region continued a conservative, slow-growth pattern that was up 7% last year. The increase was driven by activity in the region's smaller counties as the two … [Read More...]

Equity analysis shows strength of NE Tenn. housing markets

The number of local homeowners with mortgages who moved into the equity-rich class increased in 2016. And in Johnson and Sullivan counties more than a third of all mortgaged homes are now equity … [Read More...]

total-dec-hpi

Indexes show Tri-Cities home prices finish the year in stabilized trends pattern

Tri-Cities home prices settled and finished 2016 in a pattern than lined up on both the CoreLogic Home Price Indexes and the Northeast Tennessee Association of Realtors Trends Report. That a … [Read More...]

December Tri-Cities sales tax gains trail Knoxville, Morristown; show year-over-year improvement

December sales tax collections dipped below November but were higher across Northeast Tennessee than December last year. MTSU's monthly seasonally adjusted sales tax collections report shows … [Read More...]

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BENCHMARKS

lower-income-region

Johnson City leads region in growth of lower-income households

Johnson City led the other major Tri-Cities cities in the increase of lower-income households during the 2008-2015 recovery from the Great Recession.  In many ways that recovery is still underway. This lower-income households trend follows the pattern in the changes in the middle and higher-income households reviewed in earlier posts. Links to those reports are […]

johnson-city-high-income

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

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-by-income

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

Tri-Cities households have undergone changes in the wake of the Great Recession that may not be as dramatic as reports on the “hollowing out of the middle-class” but are reshaping local demographics. For instance: The number of middle-income households has increased by almost 6% since the recession. Most of that growth is in the $50,000 […]

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