According To Don Fenley With Coredata And The Atlanta Federal Reserve Bank, Washington County Virginia Has The Most Affordable Housing In The Tri Cities With Renters Spending Less Than 30%, While Johnson City Metro, Ranks 48.5%, Which Is Highest With Renters Spending Close To Half Of The Income On Housing. Kingsport Residents Are Spending Roughly, 45% On Housing. Affordability In The Region Has Been Declining Since 2019, With Almost Half Of All Renters Now “Cost Burdened.”
