Kingsport, Tennessee Income Statistics
Kingsport Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Kingsport Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Kingsport | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $50,824 | $69,901 | $80,455 |
| Median Personal Income | $49,016 | $53,263 | $60,758 |
| Average Yearly Income Growth | 3.9% | 5.2% | 4.8% |
| Six-Figure Earners | 8.3% | 10.4% | 13.9% |
| $200k+ Households | 5.4% | 9.0% | 13.2% |
The median household income in Kingsport is about 27% lower than in Tennessee. Income has been growing slower in Kingsport (3.9%/yr) than in Tennessee (5.2%/yr).
About 8% of adults in Kingsport earn six figures ($100,000 or more) a year, lower than the Tennessee average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Kingsport, Tennessee grew by 42.5% from 2009 to 2024, reaching $50,824 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Kingsport
| Metric | Kingsport | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.545 | 0.542 | 0.552 |
| Male Median Income | $58,443 | $61,993 | $69,667 |
| Female Median Income | $46,752 | $50,108 | $56,850 |
| Gender Pay Gap | 20.0% | 19.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Kingsport, it is 0.545, about the same as Tennessee's 0.542, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Kingsport, Tennessee. Over a 35-year career, a 25% wage gap accumulates to roughly $409,185 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Kingsport, Tennessee has narrowed from about 21% to 20% in 2024. Over that period the gap was widest at 29% in 2021, and was narrowest at 20% in 2011. In dollar terms, the gap has widened by $2,686 since 2009.
Employment
| Metric | Kingsport | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 4.6% | 5.2% |
| Working from Home | 11.1% | 12.9% | 15.0% |
| Commute time (minutes) | 16 | 22 | 22 |
Approximately 1,185 people are unemployed in Kingsport, Tennessee.
The average commute time in Kingsport is 16 minutes, shorter than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Kingsport, Tennessee has fallen from 10.0% to 5.5% in 2024. Over that period the rate peaked at 11.6% in 2014.
Conclusion
Considering all these factors, Kingsport, Tennessee has an overall wealth index grade of D, making it somewhat worse than Tennessee, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Kingsport, Tennessee.
How Rich Is Kingsport, Tennessee?
Kingsport has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $50,824, about 27% lower than the Tennessee average of $69,901.
How fast is household income rising in Kingsport, Tennessee?
Between 2009 and 2024, the median household income in Kingsport, Tennessee rose 43%, from $35,662 to $50,824. Over the same years, income here lagged behind Tennessee as a whole: +43% against +63%.
What was the median household income in Kingsport in 2023?
In 2023, the median household income in Kingsport, Tennessee was $48,976, up 4% from $46,996 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Kingsport in 2020?
In 2020, the median household income in Kingsport, Tennessee was $41,889. By 2024 it had risen 21% to $50,824.
What is the Gini coefficient in Kingsport, Tennessee?
The Gini coefficient in Kingsport is 0.545. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Kingsport, Tennessee?
Since 2009, the income gap between men and women in Kingsport, Tennessee has narrowed from about 21% to 20% in 2024. Over that period the gap was widest at 29% in 2021, and was narrowest at 20% in 2011. In dollar terms, the gap has widened by $2,686 since 2009.
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