DEMOGRAPHICS

Southwest Virginia Households Grow Modestly, Income Levels Rise

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By DON FENLEY Household growth across Southwest Virginia communities has been modest since the pandemic, but incomes have risen sharply as thousands of households moved into higher earning brackets. An analysis of U.S. Census household income and benefits data on… Read More ›

NE TN Has More Households, and They’re Wealthier

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By DON FENLEY Northeast Tennessee’s cities and towns are undergoing a structural shift. They’re increasing and wealthier. Between 2019 and 2024, the number of households increased in most communities, and many of those households moved into higher income brackets, according… Read More ›

Rare Convergence of Multiple Generations Shocks Tri-Cities Housing Market

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By DON FENLEY The Tri-Cities housing market isn’t being driven by a single generation. It’s being shaped by a rare convergence of multiple generations and a surge of new residents pulling demand toward different price tiers and housing types. This… Read More ›

Locals, Newcomers And Their Separate Housing Demands

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By DON FENLEY One of the most misunderstood aspects of today’s housing demand is the assumption that it all comes from population growth or the lack of it. The Tri-Cities is in a negative natural population situation. That means the… Read More ›

Tri-Cities Needs Newcomers To Prevent Decline

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By DON FENLEY Census-based data for early 2026 confirms that the Tri-Cities region has entered a migration-dependent demographic cycle. With deaths consistently outpacing births across the region’s major hubs, the area must maintain a specific break-even migration pace simply to… Read More ›

Wealth Landscape: Millionaires Reshaping Tri-Cities

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By DON FENLEY The Tri-Cities region is home to more than 10,000 millionaire households. That’s a growing force driving housing demand, real estate investment, and local economic development. The region has quietly built one of the most distinctive wealth profiles… Read More ›

Boomers to Zoomers: Demographic Turn Reshaping Tri-Cities

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A quiet demographic revolution is underway in Northeast Tennessee. While the national spotlight focuses on the slow but steady generational shift between Millennials and Gen Z, our region is experiencing a faster, more profound change. A significant influx of younger… Read More ›

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