Kingsport Blogger: MoveToKingsport Quarterly YTD FY2013 Relocation Report

Tuesday, January 08, 2013

MoveToKingsport Quarterly YTD FY2013 Relocation Report

Executive Summary YTD FY2013 – (July-Dec 2012):

New residential construction is up 46% compared to the average of the past 6 years
% of newcomers occupying new housing is 9% this quarter compares to 5-8% in previous reports
Out-of-state relocation is up 12% compared to the average of the past 6
Florida and Virginia are our top donor states – eclipsing third place North Carolina.
States rounding out the top 10 (some are tied) are not neighboring states, so that’s more impressive – South Carolina, Ohio, California, Kentucky, Georgia, Illinois, Michigan, Maryland, Indiana, Louisiana, Nevada, and Pennsylvania.
The net gain of “moved to” vs. “moved away” is creeping back up at +507 families – that’s $29.1 million in annual economic impact. It had been as low as the high 400’s in previous reports.
Washington, DC-VA-MD-WV clipped Tampa Bay as the #1 out-of-state market moving to Kingsport. Rounding out the Top 10 are Atlanta, Miami, Asheville, New York, Orlando, Charlotte, Chicago and Virginia Beach.

Read the full report at:

http://development.kingsporttn.gov/demographics

www.MoveToKingsport.com is located on the Tennessee-Virginia border at the crossroads of I-81 and I-26 near the geographic center of the Eastern U.S. This city of 50,000 in a metro of 308,000, was planned by renowned American planner John Nolen in his office at Harvard Square. Located in the lush green foothills of the Tennessee Valley, it is surrounded by the Southern Highlands and mountain lakes. Kingsport is home to Marriott’s www.MeadowViewResort.com and thousands of acres of unique, natural amenities at Bays Mountain and Warriors Path Parks. The natural geography provides a temperate, well-balanced climate with four seasons and a natural shelter from extreme weather. Population growth has also been well-balanced, ensuring you will not outgrow your decision to relocate. With no personal property taxes, special assessments, or state income taxes on salaries/wages, you’ll find that Kingsport has a very low cost of living coupled with an exceptionally high quality of life (see for yourself at www.BestPlaces.net). The regional airport (TRI) has direct flights to Atlanta, Charlotte, Orlando and St. Pete/Clearwater with easy access, parking, and virtually no security lines. The public education system was planned by Columbia University and Newsweek has repeatedly recognized the local high school as one of the best in America. Year in and year out our graduates go on to the top colleges and universities (and without costly private school tuition fees). Harvard also recognized Kingsport in 2009 with the Innovations in American Government Award for its higher education initiative. What are you waiting for? It’s time to leave the high costs, traffic jams, and stress behind and discover this hidden gem.