Monroe County, FL
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 25.59, -81.02.
Assembled 2026-10-06. Read the brief.
- 99th pct · 23rd of 3,063 US counties · median $234,566
- 100th pct · 1st of 67 Florida counties · median $307,929
- 29th pct · 2,153rd of 3,063 US counties · median +2.9%
- 74th pct · 18th of 67 Florida counties · median -0.8%
- 99th pct · 11th of 1,399 US counties · median $1,496
- 100th pct · 1st of 47 Florida counties · median $1,898
- 83rd pct · 530th of 3,221 US counties · median 8,232
- 53rd pct · 32nd of 67 Florida counties · median 43,443
- 78th pct · 690th of 3,221 US counties · median $1,039
- 71st pct · 20th of 67 Florida counties · median $1,084
- 99th pct · 20th of 3,063 US counties · median 4.3
- 100th pct · 1st of 67 Florida counties · median 5.4
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 $959,844 (Aug 2026), +1.1% over one year, +27.4% over five
- 99th pct · 23rd of 3,063 US counties · median $234,566
- 100th pct · 1st of 67 Florida counties · median $307,929
| Item | Value | Distance |
|---|---|---|
| Monroe County, FL | $959,844 · +1.1% 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 #
Typical rent $3,601/mo (Aug 2026), +2.4% over one year; price-to-rent 22.2
- 99th pct · 11th of 1,399 US counties · median $1,496
- 100th pct · 1st of 47 Florida counties · median $1,898
| Item | Value | Distance |
|---|---|---|
| Monroe County, FL | $3,601/mo · +2.4% 1-yr |
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 $5,254 a month on $959,844 at 7.28%, against an average weekly wage worth $5,304 a month: 99.1% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $959,844 × 80% = $767,875, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $5,254/mo principal and interest
- wage share = payment / (avg weekly wage $1,224 × 52 / 12 = $5,304) = 99% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $959,844 / ($1,224 × 52) = 15.1
- price-to-rent = $959,844 / ($3,601 × 12) = 22.2
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 #
47,560 jobs at 5,037 employers (2026 Q1); -1.9% jobs and +0.8% average weekly wage over the year
- 83rd pct · 530th of 3,221 US counties · median 8,232
- 53rd pct · 32nd of 67 Florida counties · median 43,443
| Item | Value | Distance |
|---|---|---|
| Monroe County, FL | 47,560 jobs · $1,224/wk · -1.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Accommodation and food services | 17,421 | $999 | 4.08 | -1.2% |
| Retail trade | 5,536 | $839 | 1.19 | +0.0% |
| Construction | 3,328 | $1,194 | 1.33 | -2.5% |
| Health care and social assistance | 2,588 | $1,492 | 0.36 | -2.9% |
| Professional and technical services | 1,730 | $1,649 | 0.53 | -1.1% |
| Real estate and rental | 1,613 | $1,045 | 2.21 | +21.2% |
| Other services | 1,539 | $1,210 | 1.08 | +0.0% |
| Administrative and waste services | 1,524 | $1,574 | 0.56 | -10.9% |
| Arts, entertainment and recreation | 1,512 | $854 | 1.93 | +1.1% |
| Transportation and warehousing | 1,281 | $1,062 | 0.64 | -6.8% |
| Wholesale trade | 811 | $2,068 | 0.45 | +0.5% |
| Finance and insurance | 769 | $3,899 | 0.40 | -19.1% |
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.
Drought #
D2 severe drought
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 #
Surface water layer not loaded
Sites found: 0, 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 #
Surface water layer not loaded
Sites found: 0, 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 #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, 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 #
high (0.50)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 / 0.35
Banks & federal dollars #
$4.4 bn in deposits at 35 offices of 9 banks (SOD June 2026); HHI 1,922, highly concentrated. $613.1 m federal obligations in FY2026 (direct payments $518.8 m, contracts $62.2 m), $12,892 per covered job
| Item | Value | Distance |
|---|---|---|
| First Horizon Bank | $1.2 bn · 27.1% share · 8 offices | |
| First State Bank | $1.1 bn · 23.8% share · 8 offices | |
| Centennial Bank | $828.6 m · 18.6% share · 8 offices | |
| Monroe, FL | $613.1 m FY2026 · $12,892/job | |
| MULTIPLE RECIPIENTS | $502.9 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First Horizon Bank | $1,205,301,000 | 27.1% | 8 |
| First State Bank | $1,058,008,000 | 23.8% | 8 |
| Centennial Bank | $828,585,000 | 18.6% | 8 |
| Bank of America, National Association | $595,446,000 | 13.4% | 4 |
| Wells Fargo Bank, National Association | $313,929,000 | 7.1% | 2 |
| Truist Bank | $251,632,000 | 5.7% | 2 |
| SouthState Bank, National Association | $144,841,000 | 3.3% | 1 |
| Gulf Atlantic Bank | $44,876,000 | 1.0% | 1 |
| The Northern Trust Company | $3,064,000 | 0.1% | 1 |
Deposit concentration is 1,922 across 9 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 9 banks with deposits in the county = 27.1² + 23.8² + 18.6² + … (6 more) = 1,922
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 | $428,442,949 |
| Department of Veterans Affairs | $73,908,107 |
| Department of Defense | $42,318,889 |
| Department of Transportation | $24,857,358 |
| Department of Housing and Urban Development | $16,873,483 |
| Department of the Interior | $8,949,824 |
| Department of Homeland Security | $6,832,212 |
| Department of Health and Human Services | $3,576,218 |
| Department of Education | $3,030,701 |
| Department of Commerce | $1,614,940 |
| Railroad Retirement Board | $955,672 |
| General Services Administration | $767,597 |
That is $12,892 per covered job, against 47,560 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $613.1 m / 47,560 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $12,892
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 | 12.69 | 2026-10-05 | +3.3% |
| 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 · % | 72.60 | 2026-10-06 | +0.0% |
| 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 | 3.00 | 2026-10-06 | -50.0% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| 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 · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| 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 #
Monroe County, FL: 15 findings, 5 at a watch level and 10 noted
watchMonroe County, FL's years of wages of 15.1 ranks 20th 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 = 99.37949052906598 >= 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
watchMonroe County, FL's years of wages is 15.1, 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 = 15.08050078335513 >= 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
watchMonroe County, FL's covered employment is -1.9% 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 = -1.9 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchMonroe County, FL's typical home value of +1.1% scores 30 on the 0-to-100 scale across US counties but 74 across Florida counties, a gap of 45 points.
Period 2026-08.Show the arithmetic
- 45 = |30 across US counties - 74 across Florida counties|
position among the entities that published this metric this period; not an official level
watchMonroe County, FL's covered employment of 47,560 scores 84 on the 0-to-100 scale across US counties but 53 across Florida counties, a gap of 31 points.
Period 2026 Q1.Show the arithmetic
- 31 = |84 across US counties - 53 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.