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Washington County, TN

RANK #526 / 1001 NAT  ·  #15 / 33 TN  ·  POP 136,261

1YR FORECAST: -0.4%

5YR OUTLOOK: +28%

Washington County's housing market is projected to grow -0.4% over the next year, below the national average.

[01] Why Washington County?

Washington County, Tennessee, holds the distinction of being the state's oldest county, established in 1777 when the area was still part of North Carolina. Its county seat, Jonesborough, chartered in 1779, is Tennessee's oldest town and features a well-preserved historic district. Located in the northeastern part of the state, nestled in the Appalachian Highlands, the county is home to Johnson City, a regional hub for education, medicine, and commerce. Commutes within the county and to nearby areas are facilitated by access to Interstates 26 and 81. The natural scenery includes parts of the Cherokee National Forest, Buffalo Mountain Park, and the Nolichucky and Watauga Rivers, offering extensive outdoor recreation like hiking, mountain biking, fishing, and kayaking.

Life in Washington County offers a blend of community and access to amenities. The public school system includes several highly-rated elementary, middle, and high schools. East Tennessee State University in Johnson City contributes to the area's educational and healthcare services, attracting both young professionals and retirees. Recent economic developments show significant investment in advanced manufacturing, life sciences, and information technology, with new businesses and housing developments expanding across Johnson City, Jonesborough, and Gray. The region's economy is also supported by agribusiness and a focus on workforce development programs.

MARKET PROFILE

Idiosyncratic Markets

Washington County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -0.0% YoY, population +1.2%, wages +3.9%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
9.3x

Overvalued relative to economy

Home Prices
-0.0%

Prices declining

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 9.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Ballad Health Healthcare
    5,000+
  2. 2
    East Tennessee State University Education
    1,000+
  3. 3
    Washington County Board of Education & Johnson City School District Education
  4. 4
    Citi Commerce Solutions Finance
  5. 5
    James H. Quillen VA Medical Center Healthcare
  6. 6
    American Water Heater Company (A.O. Smith Corporation) Manufacturing
  7. 7
    State of Franklin Healthcare Associates Healthcare
  8. 8
    City of Johnson City Government
    500+
  9. 9
    AT&T Mobility Technology

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Washington County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
136,261
+1.16% YoY
Median Household Income
$62,809
Median Home Value
$249,000
-0.04% 12mo
Median Rent
$1,005
Average Annual Pay
$57,959
+3.9% YoY
Employment
63,250
-0.8% YoY
Income-to-Home-Value
0.2522
More affordable than average
Migration Inflow
4.32%
of pop. from another state
Bachelor's Degree+
34.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$360,000
Days on Market
57
Moderate pace
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
19.8%
Listings w/ Price Drops
30.6%
Building Permits (2025)
697
Single-Family Permits
662

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.3
per 100K · nat avg 6.3
Firearm Fatalities
17.3
per 100K · nat avg 14.8
Injury Deaths
107.9
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$37M
TOTAL
PROJECT AMOUNT STATUS
ebm-papst Manufacturing Facility
ebm-papst Inc.
$37M Operating

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

[07] Score Breakdown

Population Growth +1.2% 71 percentile
Income Growth +2.9% 54 percentile
Vacancy Rate 0.9% 59 percentile
Home Price Change -0.0% 26 percentile
Rent Growth +1.5% 27 percentile
Price/Rent 14x 69 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

Washington County scores 47/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#526). Median household income is $62,809 and job growth is running at -0.8%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Washington County affordable?

Housing in Washington County is roughly in line with national affordability norms. The median home costs $249,000 and the income-to-home-value ratio sits at 0.25, with rents averaging $1,005/month. Not a bargain, but not a stretch for most local earners either.

Is Washington County growing or shrinking?

Washington County's population is growing — up +1.2% YoY — while the job market is roughly flat (employment change of -0.8%). Home values shifted -0.0% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Washington County?

There's a moderate stream of newcomers. About 4.32% of residents moved from another state, which is above average and suggests Washington County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Bedford County, TN 52 Jefferson County, TN 54 Sullivan County, TN 54 Sumner County, TN 40 Loudon County, TN 58 Montgomery County, TN 36 Franklin County, PA 47 Bartow County, GA 47