FIPS 04005, AZ: 16 findings, 1 at an alert level, 6 at a watch level and 9 noted
16 findings fired for FIPS 04005, AZ this run, against a typical home value of $624,434 in August 2026 and covered employment of 63,448 in 2026 Q1. 4 further findings are not listed here.
Rules version 1. Assembled 2026-10-02. Back to FIPS 04005, AZ.
12 findings #
alertFIPS 04005, AZ's covered employment is -4.5% 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 = -4.5 <= -3
BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level
watchFIPS 04005, AZ's years of wages of 11.1 ranks 53rd of 3,063 US counties, a watch level here: years of wages in the top tenth of US counties (position among the counties that published both a ZHVI value and a QCEW average weekly wage; 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: yearsOfWages percentile = 98.30176355323317 >= 90
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the counties that published both a ZHVI value and a QCEW average weekly wage; not an official level
watchFIPS 04005, AZ's covered employment is -4.5% 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 = -4.5 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchFIPS 04005, AZ's price-to-rent ratio of 24.1 ranks 118th of 1,399 US counties, a watch level here: price-to-rent in the top tenth of US counties (position among the counties that published both ZHVI and ZORI this month; 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: priceToRent percentile = 91.63090128755364 >= 90
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the counties that published both ZHVI and ZORI this month; not an official level
watchFIPS 04005, AZ's years of wages is 11.1, a watch level here: typical home value worth 10 or more years of one average covered wage (typical home value / (average weekly wage × 52), one average covered job rather than a household; 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: yearsOfWages = 11.098286648278162 >= 10
- typical home value / (average weekly wage × 52); one average covered job, not a household
typical home value / (average weekly wage × 52), one average covered job rather than a household; convention chosen for this dashboard, not an official level
watchFIPS 04005, AZ's typical asking rent is -1.8% against the previous month, a watch level here: typical asking rent at least 1 percent below the previous month (arithmetic on the Zillow ZORI month columns; 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: rent.momPct = -1.8469960218528259 <= -1
- month-over-month percent change = (newest month − previous month) / |previous month| × 100, from Zillow's own published month columns
arithmetic on the Zillow ZORI month columns; convention chosen for this dashboard, not an official level
watchFIPS 04005, AZ's typical home value is -0.0% 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 = -0.01924876337256402 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
noteFIPS 04005, AZ's average weekly wage was 5.3% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +5.3 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteFIPS 04005, AZ's covered employment was 4.5% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -4.5 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteFIPS 04005, AZ's typical asking rent fell 1.8% from $2,199 in July 2026 to $2,158 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- -1.8% = (2158.080856664816 - 2198.6905842894957) / 2198.6905842894957 × 100
- 2158.080856664816 = Zillow ZORI, 2026-08
- 2198.6905842894957 = Zillow ZORI, 2026-07
noteFIPS 04005, AZ's typical home value rose 0.4% from $621,740 in July 2026 to $624,434 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.4% = (624433.9999787225 - 621739.9191939927) / 621739.9191939927 × 100
- 624433.9999787225 = Zillow ZHVI, 2026-08
- 621739.9191939927 = Zillow ZHVI, 2026-07
noteFIPS 04005, AZ's typical home value of $624,434 ranks 98th of 3,063 US counties, against a median of $234,566.
Period 2026-08.Show the arithmetic
- 97 on the 0-to-100 scale across 3063 US counties that published home.latest
position among the entities that published this metric this period; not an official level
Findings come from a fixed rule table and a fixed sentence per rule. There is no model in this path: the numbers are detected, ordered and worded by code, and every one of them prints the operation that produced it.
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Unemployment rate (BLS Employment Situation, monthly), expected between 2026-09-25 and 2026-10-09.
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