Gadsden County, FL

Home values #

Typical home $201,459 (Aug 2026), -0.3% over one year, +30.6% over five

• 37th pct · 1,916th of 3,063 US counties · median $234,566
• 6th pct · 63rd of 67 Florida counties · median $307,929
• counties in the Tallahassee metro: Rank context is unavailable: the manifest lists 4 counties in the Tallahassee metro; fewer than 5 is too few to rank.

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 #

Typical rent $1,425/mo (Aug 2026), n/a over one year; price-to-rent 11.8

• 43rd pct · 790th of 1,399 US counties · median $1,496
• 2nd pct · 46th of 47 Florida counties · median $1,898
• counties in the Tallahassee metro: Rank context is unavailable: the manifest lists 4 counties in the Tallahassee metro; fewer than 5 is too few to rank.

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 $1,103 a month on $201,459 at 7.28%, against an average weekly wage worth $4,173 a month: 26.4% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $201,459 × 80% = $161,167, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,103/mo principal and interest
• wage share = payment / (avg weekly wage $963 × 52 / 12 = $4,173) = 26% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $201,459 / ($963 × 52) = 4.0
• price-to-rent = $201,459 / ($1,425 × 12) = 11.8

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 #

14,765 jobs at 895 employers (2026 Q1); -8.2% jobs and +3.1% average weekly wage over the year

• 64th pct · 1,154th of 3,221 US counties · median 8,232
• 37th pct · 42nd of 67 Florida counties · median 43,443
• counties in the Tallahassee metro: Rank context is unavailable: the manifest lists 4 counties in the Tallahassee metro; fewer than 5 is too few to rank.

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.

Drought #

D0 abnormally dry

Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.

US Drought Monitor current week; the highest class of any polygon containing the point.

Reservoirs #

3 USGS reservoir gauges, no capacity figures to weight

Sites found: 3, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.

Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.

Stream gauges #

65 gauges · 0 flooding · 13 with quality panels averaging 93 % · 39 stale

Sites found: 65, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.

USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.

Groundwater #

54 wells in 2 named aquifers: Floridan aquifer system, Intermediate aquifer system

Sites found: 54, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.

USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.

Water stress #

low (0.03)

Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.07 / 0.55

Banks & federal dollars #

$279.9 m in deposits at 3 offices of 2 banks (SOD June 2026); HHI 7,098, highly concentrated. $322.0 m federal obligations in FY2026 (direct payments $293.9 m, grants $26.1 m), $21,805 per covered job

Deposit concentration is 7,098 across 2 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.

HHI = Σ (share %)² over 2 banks with deposits in the county = 82.4² + 17.6² = 7,098

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.

That is $21,805 per covered job, against 14,765 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $322.0 m / 14,765 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $21,805

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.

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 #

Gadsden County, FL: 22 findings, 1 at an alert level, 7 at a watch level and 14 noted

1. alertGadsden County, FL's covered employment is -8.2% 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 = -8.2 <= -3

   BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level

2. watchGadsden County, FL's covered employment is -8.2% 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 = -8.2 < 0

   BLS QCEW over-the-year percent change, as published; not an official level

3. watchGadsden County, FL's typical home value is -0.3% 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 = -0.3411440849550502 < 0

   arithmetic on Zillow ZHVI, county and metro files; not an official level

4. watchGadsden County, FL's typical asking rent is -1.2% 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 = -1.2412718561954617 <= -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

5. watchGadsden County, FL's typical asking rent of $1,425 scores 44 on the 0-to-100 scale across US counties but 2 across Florida counties, a gap of 41 points.

   Period 2026-08.
   Show the arithmetic

   • 41 = |44 across US counties - 2 across Florida counties|

   position among the entities that published this metric this period; 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.