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Cost of Living

Washington County has an exceptionally low cost of living, while still providing a high quality of life.

Taxes

Residential property tax rates in Washington County, Johnson City, and Jonesborough are well below the rates of neighboring Sullivan County, Kingsport, and Bristol.

Property Tax Rates (2014)

County

City

County Rate

City Rate

Total Rate

Washington

-

$1.9798

-

$1.9798

Washington

Johnson City

$1.9798

$1.6200

$3.5998

Washington

Jonesborough

$1.9798

$1.3105

$3.2903

Sullivan

-

$2.3054

-

$2.3054

Sullivan

Kingsport

$2.3054

$2.0700

$4.3754

Sullivan

Bristol

$2.3054

$2.2500

$4.5554

Personal and real property are taxed per $100 of the assessed value, and residential real estate is assessed at 25 percent.

Example

If you owned a residential property assessed at $200,000 in Johnson City…

Step 1: $200,000 / $100 = $2000
Step 2: $2000 x 25% = $500
Step 3: $500 x $3.5998 (Combined City-County Tax Rate) = $1799.90 Annual Property Tax Bill

If you owned a residential property assessed at $200,000 in Kingsport…

Step 1: $200,000 / $100 = $2000
Step 2: $2000 x 25% = $500
Step 3: $500 x $4.3754 (Combined City-County Tax Rate) = $2187.70 Annual Property Tax Bill

Cost of Living Comparitive Study

The Council for Community and Economic Research rated the Johnson City MSA as one of the top ten most affordable cities in the United States. The cost of living index in Johnson City is just 86.7% of the national average, proving that a dollar goes farther in Johnson City.

 

Composite

Grocery Items

Housing

Utilities

Transport

Health Care

Misc. Goods & Services

Differences

Asheville, NC

101.3

102.9

99.6

120.9

95.6

100.5

98.1

14.4%

Augusta, GA

92.9

110.8

80.7

88.5

101.3

102.3

94.3

6.7%

Chattanooga, TN

89.3

95.4

82.8

77.9

98.6

92.0

92.8

2.9%

Clarksville, TN

87.5

86.7

78.5

85.2

89.7

94.8

94.7

0.9%

Greensboro, NC

89.4

102.1

78.3

87.0

85.4

110.7

93.7

3.0%

Greenville, SC

89.0

104.5

70.5

94.2

94.2

100.3

94.8

2.6%

Huntsville, AL

92.7

94.6

79.2

94.7

99.6

92.0

104.1

6.5%

Knoxville, TN

89.1

91.6

78.6

95.2

85.2

89.7

96.9

2.7%

Roanoke, VA

95.8

92.7

94.9

97.7

92.1

95.7

98.5

9.5%

Johnson City, TN

86.7

91.7

73.1

88.8

87.7

91.3

95.3

0.0%