move to bristol, tn/va › user...nation’s top 100 places to live sullivan county’s cost of...

5
“ONE OF THE TOP 5 COOL PLACES TO LIVE FOR UNDER $40K.” AARP NAMED BRISTOL 14.6% LOWER THAN U.S. AVERAGE SULLIVAN COUNTY’S COST OF LIVING NATION’S TOP 100 PLACES TO LIVE RANKED BY RELOCATE.AMERICA NO. 5 IN THE NATION KIPLINGER’S RANKED THE TRI-CITIES’ COST OF LIVING 5.6% UNEMPLOYMENT RATE 40.8 MEDIAN AGE 26,639 POPULATION $34,632 HOUSEHOLD INCOME 9.25% SALES TAX $94,500 MEDIAN HOME COST 5.3% UNEMPLOYMENT RATE 41.9 MEDIAN AGE 5.3% SALES TAX 17,747 POPULATION $30,636 HOUSEHOLD INCOME $103,000 MEDIAN HOME COST Move To Bristol, TN/VA The COST OF LIVING in Bristol is considerably lower than the na�onal average, and Tennessee residents pay NO state income of personal property taxes. Based on a U.S. average of 100 on a cost of living index, the Bristol area’s cost of living is an 85. This figure means the area boasts lower costs than the rest of the country in a number of areas including health, housing, food, u�li�es and transporta�on. SPONSORED BY:

Upload: others

Post on 07-Jul-2020

4 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Move To Bristol, TN/VA › user...nation’s top 100 places to live sullivan county’s cost of living ranked by relocate.america no. 5 in the nation kiplinger’s ranked the tri-cities’

“ONE OF THE TOP 5 COOL PLACES TO LIVE FOR UNDER $40K.”

AARP NAMED BRISTOL

14.6% LOWER THAN U.S. AVERAGESULLIVAN COUNTY’S COST OF LIVINGNATION’S TOP 100 PLACES TO LIVE

RANKED BY RELOCATE.AMERICA

NO. 5 IN THE NATIONKIPLINGER’S RANKED THE TRI-CITIES’ COST OF LIVING

5.6%UNEMPLOYMENT RATE

40.8MEDIAN AGE

26,639POPULATION

$34,632HOUSEHOLD INCOME

9.25%SALES TAX

$94,500MEDIAN HOME COST

5.3%UNEMPLOYMENT RATE

41.9MEDIAN AGE

5.3%SALES TAX

17,747POPULATION

$30,636HOUSEHOLD INCOME

$103,000MEDIAN HOME COST

Move To Bristol, TN/VA

“ONE OF THE TOP 5 COOL PLACES “ONE OF THE TOP 5 COOL PLACES “ONE OF THE TOP 5 COOL PLACES

The COST OF LIVING in Bristol is considerably lower than the na� onal average, and Tennessee residents pay NO state income of personal property taxes.

Based on a U.S. average of 100 on a cost of living index, the Bristol area’s cost of living is an 85. This fi gure means the area boasts lower costs than the rest of the country in a number of areas including health, housing, food, u� li� es and transporta� on.

SPONSORED BY:

Page 2: Move To Bristol, TN/VA › user...nation’s top 100 places to live sullivan county’s cost of living ranked by relocate.america no. 5 in the nation kiplinger’s ranked the tri-cities’

The TRI off ers non-stop service to several major hubs across the United States, including Atlanta, Charlo� e, Orlando and Tampa Bay.

A fi xed-based operator that provides ground service, � e-downs, hangar space, maintenance, fueling and other general avia� on services.

Convenient to Downtown Bristol, Greyhound off ers bus service to more than 3,800 des� na� ons across the country.

Bristol is excited to now be able to off er the services of Uber to residents, as well as visitors to the area.

BRISTOL IS UNIQUELY situated within a day’s drive of half of the popula� on of the United States. Whether traveling by land or air, a well connected interstate system and convenient access to a full-service commercial airport make travel easy.

AVERAGE55.5°F

JANUARYHI: 45.7°FLO: 25.0°F

JULYHI: 85.1°FLO: 64.0°F

AVERAGE PRECIPITATION

41.08”12”

41.08”

AVERAGE CLIMATE

MILEAGE TO OTHER MAJOR CITIES:Asheville, NC 87Atlanta, GA 313Birmingham, AL 369Boston, MA 823Charlo� e, NC 185Charleston, SC 354Chicago, IL 584Cincinna� , OH 298Cleveland, OH 475Dallas, TX 940Knoxville, TN 113Louisville, KY 307Memphis, TN 487Nashville, TN 275New York, NY 596Orlando, FL 663Pi� sburgh, PA 413Raleigh, NC 265Roanoke, VA 150Washington, DC 400

Page 3: Move To Bristol, TN/VA › user...nation’s top 100 places to live sullivan county’s cost of living ranked by relocate.america no. 5 in the nation kiplinger’s ranked the tri-cities’

Event Calendar

SEASONAL• Bristol Dragway Street Fights: April-September• Border Bash (Downtown Bristol): May-August• Full Moon Jam (Downtown Bristol): May-September• State Street Farmer’s Market (Downtown Bristol): May-October• July (Thursdays): Music and Movies in the Park (Cumberland Square Park)

JANUARY• The Pinnacle Speedway In Lights – Bristol Motor Speedway/Bristol Dragway• The Ice Rink – Bristol Motor Speedway

APRIL• NASCAR races (Monster Energy Cup, Xfi nity) – Bristol Motor Speedway• Wooly Days – Rocky Mount Museum (Piney Flats, Tenn.)• Street Fights begin – Bristol Dragway

MAY• Border Bash begins - Downtown Bristol• Full Moon Jam begins - Downtown Bristol• State Street Farmer’s Market begins - Downtown Bristol

JUNE• Bristol Pirates (Pi� sburgh’s professional rookie league team) begin play• NHRA Thunder Valley Na� onals – Bristol Dragway• Mountains of Music Homecoming - Bristol and Southwest Virginia

Page 4: Move To Bristol, TN/VA › user...nation’s top 100 places to live sullivan county’s cost of living ranked by relocate.america no. 5 in the nation kiplinger’s ranked the tri-cities’

Event Calendar

AUGUST• Food City Family Race Night – Downtown Bristol• NASCAR Races (Monster Energy Cup, Xfi nity, Camping World Truck modifi eds) – Bristol Motor Speedway• Appalachian Fair – Gray, Tenn.• Carter Family Tradi� onal Music Fes� val – Hiltons, Va.

SEPTEMBER• Bristol Rhythm and Roots Reunion - Downtown Bristol• Super Chevy Show – Bristol Dragway• Thunder Valley Mayhem – Bristol Dragway• Ride the State Line Motorcycle Rally - Bristol,TN/VA & The Pinnacle

OCTOBER• Na� onal Storytelling Fes� val – Jonesborough, Tenn.• Spirit of the Harvest – Rocky Mount Museum (Piney Flats, Tenn.)• PUSH Film Fes� val – Downtown Bristol

NOVEMBER• Country Christmas Show – Viking Hall Civic Center• The Ice Rink – Bristol Motor Speedway• The Pinnacle Speedway In Lights – Bristol Motor Speedway/Bristol Dragway• Mistletoe Market – Southwest Virginia Higher Educa� on Center (Abingdon, Va.)

DECEMBER• Arby’s Classic basketball tournament – Viking Hall Civic Center• Bristol Christmas Parade – Downtown Bristol• The Ice Rink – Bristol Motor Speedway• The Pinnacle Speedway In Lights – Bristol Motor Speedway/Bristol Dragway• Candlelight Christmas – Rocky Mount Museum (Piney Flats, Tenn.)• Downtown Open House – Downtown Bristol

JULY• Music and Movies in the Park – Cumberland Square Park• Fourth of July Celebra� on – Bristol TN/VA• Monster Truck Madness – Bristol Dragway• Raid on The Watauga – Rocky Mount Museum (Piney Flats, Tenn.)• Junior Dragster Na� onals – Bristol Dragway• World Footbrake Challenge – Bristol Dragway

Page 5: Move To Bristol, TN/VA › user...nation’s top 100 places to live sullivan county’s cost of living ranked by relocate.america no. 5 in the nation kiplinger’s ranked the tri-cities’

Home Sales Prices in Retire TN Communities

Updated February 2018

Bristol

COUNTY CITY MEDIAN HOME PRICE

ANNUAL PROPERTY TAXES

Anderson Clinton $139,950 $1,294Campbell LaFolle� e $125,000 $1,108

Carter Elizabethton $119,900 $1,271Cumberland Crossville $148,000 $798

Dickson Dickson $159,900 $1,459Franklin Winchester $135,000 $1,124Hamblen Morristown $132,950 $984Hamilton Cha� anooga $190,000 $2,410

Hardin Savannah $120,000 $834Henderson Lexington $110,000 $992Jeff erson Dandridge $140,000 $1,172Loudon Lenoir City $223,500 $1,464Maury Columbia $189,900 $2,020

Monroe Madisonville $139,900 $1,051Putnam Cookeville $148,500 $1,325Roane Harriman $145,500 $1,306

Robertson Springfi eld $183,922 $1,970SULLIVAN BRISTOL $120,000 $816Sumner Galla� n $232,400 $2,028Unicoi Erwin $125,000 $1,279

Warren McMinnville $100,000 $1,012Washington Johnson City $163,200 $1,734

PROPERTY TAXTennessee has no state property tax. Property taxes are locally determined

and collected.

INCOME TAXThere is no state personal income tax in

Tennessee. However, there is the Hall income tax strictly on interest from bonds, notes, and dividends from stock which will

be phased out by 2020.

RATIO ASSESSMENTThe Assessment Ra� o for the diff erent

classes of property is established by state law – residen� al and farm @ 25% of appraised value. For a house with an

APPRAISED value of $100,000, the ASSESSED value is $25,000 (25% of $100,000).

EXAMPLE: The tax rate has been set by your county commission at $3.20 per

hundred of assessed value.To fi gure the tax simply mul� ple the

ASSESSED VALUE ($25,000) by the TAX RATE $3.20 per hundred dollars as-sessed).

$25,000 x .03200 = for a tax bill of $800.