Kingsport-Bristol, TN-VA · Virginia

Scott County

ZIP 24245

21,504 residents25 permits TTM$45,136 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$122,300

ACS 5-Year

Cap rate proxy

6.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.7%

HUD FMR ÷ ACS HHI

Net migration

+0.88%

IRS SOI

Permits (TTM)

25

Census BPS

Climate risk

42.0

FEMA NRI (0–100)

ZIP 24245

Median home value

Gross yield

Cap rate

6.5%

Rent gap

Affordability

P/I: 2.5R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
242456.5%
242506.5%
242445.3%
242514.8%
242904.7%

Ranked by composite score

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Demographics

Owner-occupied

78.3%

Census ACS

Vacancy rate

24.0%

Census ACS

Bachelor's degree +

14.2%

Census ACS

Rent burdened

27.0%

Census ACS (>30% income)

Median age

47.6

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026