FIPS 02220, AK
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 57.24, -135.31.
Assembled 2026-10-02. Read the brief.
- 92nd pct · 234th of 3,063 US counties · median $234,566
- 2nd pct · 2,991st of 3,063 US counties · median +2.9%
- US counties: not published this period
- 30th pct · 2,237th of 3,221 US counties · median 8,232
- 82nd pct · 568th of 3,221 US counties · median $1,039
- 89th pct · 308th of 3,063 US counties · median 4.3
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $479,492 (Aug 2026), -7.7% over one year, -9.3% over five
- 92nd pct · 234th of 3,063 US counties · median $234,566
| Item | Value | Distance |
|---|---|---|
| Sitka City and Borough | $479,492 · -7.7% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)
- US counties: not published this period
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $2,625 a month on $479,492 at 7.28%, against an average weekly wage worth $5,503 a month: 47.7% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $479,492 × 80% = $383,594, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,625/mo principal and interest
- wage share = payment / (avg weekly wage $1,270 × 52 / 12 = $5,503) = 48% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $479,492 / ($1,270 × 52) = 7.3
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
3,844 jobs at 416 employers (2026 Q1); -5.0% jobs and +12.7% average weekly wage over the year
- 30th pct · 2,237th of 3,221 US counties · median 8,232
| Item | Value | Distance |
|---|---|---|
| Sitka City and Borough | 3,844 jobs · $1,270/wk · -5.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 868 | $1,852 | 1.50 | +4.2% |
| Accommodation and food services | 457 | $613 | 1.32 | -5.4% |
| Retail trade | 424 | $775 | 1.13 | +1.2% |
| Manufacturing | 303 | $828 | 0.98 | -29.4% |
| Transportation and warehousing | 223 | $1,331 | 1.38 | -8.2% |
| Construction | 218 | $1,836 | 1.08 | +19.1% |
| Other services | 97 | $803 | 0.84 | +0.0% |
| Educational services | 69 | $913 | 0.83 | -13.8% |
| Agriculture, forestry, fishing | 66 | $1,023 | 2.38 | -7.0% |
| Professional and technical services | 64 | $1,032 | 0.24 | -5.9% |
| Real estate and rental | 42 | $877 | 0.71 | +13.5% |
| Finance and insurance | 40 | $1,499 | 0.26 | +8.1% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Water #
Banks & federal dollars #
$334.3 m in deposits at 4 offices of 4 banks (SOD June 2026); HHI 2,581, highly concentrated. $74.2 m federal obligations in FY2026 (direct payments $45.2 m, contracts $18.3 m), $19,315 per covered job
| Item | Value | Distance |
|---|---|---|
| Wells Fargo Bank, National Association | $99.6 m · 29.8% share · 1 office | |
| First National Bank Alaska | $91.5 m · 27.4% share · 1 office | |
| First Bank | $84.0 m · 25.1% share · 1 office | |
| Sitka, AK | $74.2 m FY2026 · $19,315/job | |
| MULTIPLE RECIPIENTS | $41.5 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Wells Fargo Bank, National Association | $99,622,000 | 29.8% | 1 |
| First National Bank Alaska | $91,482,000 | 27.4% | 1 |
| First Bank | $83,950,000 | 25.1% | 1 |
| Northrim Bank | $59,284,000 | 17.7% | 1 |
Deposit concentration is 2,581 across 4 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 4 banks with deposits in the county = 29.8² + 27.4² + 25.1² + … (1 more) = 2,581
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $35,874,079 |
| Department of Homeland Security | $8,115,784 |
| Department of Transportation | $6,824,653 |
| Department of Veterans Affairs | $4,523,442 |
| Department of Health and Human Services | $4,411,976 |
| Department of Defense | $3,782,991 |
| Department of the Interior | $3,558,583 |
| Department of Housing and Urban Development | $2,368,018 |
| National Science Foundation | $1,385,610 |
| Denali Commission | $897,750 |
| Department of Education | $815,985 |
| Department of Agriculture | $772,982 |
That is $19,315 per covered job, against 3,844 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $74.2 m / 3,844 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $19,315
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 16.50 | 2026-09-30 | -11.7% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 71.30 | 2026-10-01 | +0.1% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.10 | 2026-08-01 | +0.0% |
| US goods and services trade balance, monthly · $ millions | -88,576.00 | 2026-07-01 | -24.4% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
FIPS 02220, AK: 13 findings, 2 at an alert level, 3 at a watch level and 8 noted
alertFIPS 02220, AK's typical home value is -7.7% against a year earlier, an alert level here: typical home value at least 5 percent below a year ago (arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: home.yoyPct = -7.691643382448571 <= -5
arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level
alertFIPS 02220, AK's covered employment is -5.0% against a year earlier, an alert level here: covered employment at least 3 percent below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -5 <= -3
BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level
watchFIPS 02220, AK's typical home value is -7.7% against a year earlier, a watch level here: typical home value below a year ago (arithmetic on Zillow ZHVI, county and metro files; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: home.yoyPct = -7.691643382448571 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
watchFIPS 02220, AK's covered employment is -5.0% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -5 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchFIPS 02220, AK's momentum index is -0.33, a watch level here: momentum index in the cooling band (the cooling band of the momentum index computed here, score at or below -0.25; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: momentum = -0.33029329585112605 <= -0.25
- momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)
the cooling band of the momentum index computed here, score at or below -0.25; convention chosen for this dashboard, not an official level
Read all 12 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.