As of 2008, the rental vacancy rate in Kingsport stood at 5%, relatively low compared to the rest of the country. There are about 145,293 housing units, averaging $101,600 in value, 25% of which are occupied by renters. The rent to price ratio in Kingsport is 0.5%, slightly higher than the Tennessee average. For 17% of Kingsport tenants, 30% or more of their income goes to paying rent.
Kingsport has a population of 302,997, comprised of 129,996 households, with on average 2 members per household. Out of approximately 144,022 people in the civilian workforce, 133,838 (93%) were employed in 2008. 80% of the population 25 and older has earned a high school diploma, with 18% holding a 4 year college degree.