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Sullivan County, TN

RANK #917 / 996  ·  POP 158,722  ·  TN

PROJECTED GROWTH: -1.9%

Sullivan County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Sullivan County?

Bristol, Tennessee, one of Sullivan County's notable towns, holds the distinction of being the "Birthplace of Country Music," a heritage celebrated at its museum. Located in the northeastern corner of Tennessee, bordering Virginia, Sullivan County is part of the Tri-Cities region. The community offers a blend of historic districts and natural scenery, with the Holston River and South Holston Lake providing opportunities for outdoor recreation like fishing and boating. Major interstates I-26 and I-81 connect the county, facilitating regional travel. Life in Sullivan County attracts a mix of families, young professionals, and retirees, many of whom own their homes. The public school system is generally considered above average, with several top-ranked elementary schools. The local economy is seeing growth, particularly in manufacturing, healthcare, and retail sectors. Recent economic developments include investments in industrial parks and site preparation for future advanced manufacturing and industrial projects. The county's strategic location and existing infrastructure contribute to its appeal for businesses and residents alike.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+6.0%

Well above national median

Home Prices
-0.2%

Prices declining

Climate & Terrain
1.3

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Sullivan County U.S. National

The Numbers

DEMOGRAPHICS
Population
158,722
+0.56% YoY
Median Household Income
$54,357
Median Home Value
$173,000
-0.23% 12mo
Median Rent
$793
Average Annual Pay
$62,036
+4.1% YoY
Employment
70,256
+1.4% YoY
Income-to-Home-Value
0.3142
More affordable than average
Migration Inflow
2.59%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$249,500
Days on Market
78
Slower market
Months of Supply
4.2
Balanced market
Sale-to-List Ratio
96.4%
Negotiation room for buyers
Sold Above List
16.0%
Listings w/ Price Drops
23.2%
Building Permits (2024)
453
Single-Family Permits
423

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,337M
TOTAL
PROJECT AMOUNT STATUS
Riverside Energy Center (Natural Gas Power Plant)
Invenergy Company
$930M Planned
Town Line Solar and Battery Storage
RWE
$300M Proposed
Sullivan County Jail Expansion
Sullivan County
$107M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +6.0% 90 percentile
Population Growth +0.6% 55 percentile
Income Growth +9.5% 71 percentile
Vacancy Rate 0.9% 69 percentile
Home Price Change -0.2% 29 percentile
Rent Growth +3.9% 65 percentile
Price/Rent 10x 86 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Sullivan County, TN a good place to move to?

Sullivan County has a Boom Town Index score of 8/100, ranking #917 among 996 U.S. counties. With job growth at +1.4% and a median household income of $54,357, it faces some economic headwinds compared to faster-growing counties.

Is Sullivan County affordable?

The median home value in Sullivan County is $173,000 with median rent at $793/month. The income-to-home-value ratio is 0.3142, which is more affordable than the national average.

Is Sullivan County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +1.4%. Home values changed -0.2% in the past 12 months.

Are people moving to Sullivan County?

Yes — 2.59% of Sullivan County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Escambia County, FL 18 Monterey County, CA 18 Arlington County, VA 18 Clallam County, WA 18 Mohave County, AZ 18 Cherokee County, GA 18 Baltimore city, MD 18 Henderson County, NC 18