Gallatin County, IL
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 37.77, -88.23.
Assembled 2026-10-06. Read the brief.
- 1st pct · 3,011th of 3,063 US counties · median $234,566
- 3rd pct · 98th of 102 Illinois counties · median $158,585
- 4th pct · 2,924th of 3,063 US counties · median +2.9%
- 3rd pct · 98th of 102 Illinois counties · median +5.2%
- US counties: not published this period
- Illinois counties: not published this period
- 5th pct · 3,040th of 3,221 US counties · median 8,232
- 3rd pct · 98th of 102 Illinois counties · median 7,611
- 47th pct · 1,689th of 3,221 US counties · median $1,039
- 41st pct · 60th of 102 Illinois counties · median $1,061
- 1st pct · 3,009th of 3,063 US counties · median 4.3
- 2nd pct · 99th of 102 Illinois counties · median 2.8
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 $91,943 (Aug 2026), -4.7% over one year, -17.1% over five
- 1st pct · 3,011th of 3,063 US counties · median $234,566
- 3rd pct · 98th of 102 Illinois counties · median $158,585
| Item | Value | Distance |
|---|---|---|
| Gallatin County, IL | $91,943 · -4.7% 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
- Illinois 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 $503 a month on $91,943 at 7.28%, against an average weekly wage worth $4,455 a month: 11.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $91,943 × 80% = $73,554, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $503/mo principal and interest
- wage share = payment / (avg weekly wage $1,028 × 52 / 12 = $4,455) = 11% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $91,943 / ($1,028 × 52) = 1.7
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 #
870 jobs at 122 employers (2026 Q1); -2.2% jobs and +7.1% average weekly wage over the year
- 5th pct · 3,040th of 3,221 US counties · median 8,232
- 3rd pct · 98th of 102 Illinois counties · median 7,611
| Item | Value | Distance |
|---|---|---|
| Gallatin County, IL | 870 jobs · $1,028/wk · -2.2% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Agriculture, forestry, fishing | 115 | $927 | 18.30 | -1.7% |
| Transportation and warehousing | 101 | $1,394 | 2.75 | -5.6% |
| Health care and social assistance | 89 | $838 | 0.68 | +0.0% |
| Wholesale trade | 51 | $1,099 | 1.53 | -1.9% |
| Mining, oil and gas | 38 | $1,141 | 12.27 | -20.8% |
| Accommodation and food services | 34 | $338 | 0.43 | -10.5% |
| Other services | 28 | $299 | 1.08 | -3.4% |
| Utilities | withheld | |||
| Construction | withheld | |||
| Manufacturing | withheld | |||
| Retail trade | withheld | |||
| Information | withheld |
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 #
No reservoir gauges within 150 km (or the camera is above the gauge altitude)
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 #
26 gauges · 0 flooding · 3 with quality panels averaging 97 % · 2 stale
Sites found: 26, 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.
| Site | Reading | Distance |
|---|---|---|
| OHIO RIVER AT OLD SHAWNEETOWN, IL-KY | flow 255,000 ft³/s | 12 km |
| OHIO RIVER AT UNIONTOWN DAM, KY | stage 12.8 ft | 20 km |
| MIDDLE FORK SALINE RIVER NEAR HARRISBURG, IL | stage 8.96 ft | 24 km |
| USGS-374815087555101 | stage 11.5 ft | 26 km |
| LITTLE WABASH RIVER AT CARMI, IL | flow 38.3 ft³/s | 33 km |
| LITTLE WABASH RIVER AT MAIN ST AT CARMI, IL | stage 3.05 ft · quality 90 % (5) | 37 km |
| SOUTH FORK SALINE RIVER NR CARRIER MILLS, IL | flow 9.19 ft³/s | 42 km |
| LUSK CREEK NEAR EDDYVILLE, IL | flow 0.13 ft³/s | 43 km |
| BEAVERDAM CREEK NEAR CORYDON, KY | flow 0.00 ft³/s · STALE | 47 km |
| WABASH RIVER AT NEW HARMONY, IN | flow 12,700 ft³/s · quality 100 % (4) | 47 km |
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 #
3 wells in 0 named aquifers:
Sites found: 3, 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.
| Site | Reading | Distance |
|---|---|---|
| USGS-374453088261701 | depth 9.92 ft · 2026-10-05 | 19 km |
| USGS-380758087551001 | depth 17.6 ft · 2026-10-05 | 49 km |
| USGS-380626087344401 | depth 23.9 ft · 2026-10-05 | 68 km |
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 (0.01)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.03 / 0.55
Banks & federal dollars #
$186.7 m in deposits at 3 offices of 3 banks (SOD June 2026); HHI 5,866, highly concentrated. $49.4 m federal obligations in FY2026 (direct payments $40.1 m, grants $9.1 m), $56,814 per covered job
| Item | Value | Distance |
|---|---|---|
| Banterra Bank | $132.6 m · 71.0% share · 1 office | |
| Legence Bank | $53.4 m · 28.6% share · 1 office | |
| Peoples National Bank , N.A. | $643,000 · 0.3% share · 1 office | |
| Gallatin, IL | $49.4 m FY2026 · $56,814/job | |
| MULTIPLE RECIPIENTS | $33.7 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Banterra Bank | $132,623,000 | 71.0% | 1 |
| Legence Bank | $53,406,000 | 28.6% | 1 |
| Peoples National Bank , N.A. | $643,000 | 0.3% | 1 |
Deposit concentration is 5,866 across 3 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 3 banks with deposits in the county = 71.0² + 28.6² + 0.3² = 5,866
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 | $29,911,147 |
| Department of Transportation | $8,608,451 |
| Department of Agriculture | $6,328,127 |
| Department of Veterans Affairs | $3,608,194 |
| Department of Housing and Urban Development | $611,484 |
| Federal Communications Commission | $219,369 |
| Railroad Retirement Board | $167,417 |
| Department of Homeland Security | -$5,128 |
| Department of Health and Human Services | -$20,803 |
That is $56,814 per covered job, against 870 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $49.4 m / 870 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $56,814
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 | 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 · % | 4.20 | 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 #
Gallatin County, IL: 15 findings, 2 at a watch level and 13 noted
watchGallatin County, IL's typical home value is -4.7% 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 = -4.6955808157074195 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
watchGallatin County, IL's covered employment is -2.2% 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 = -2.2 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteGallatin County, IL's average weekly wage was 7.1% 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
- +7.1 % = 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
noteGallatin County, IL's covered employment was 2.2% 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
- -2.2 % = 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
noteGallatin County, IL's typical home value rose 0.3% from $91,710 in July 2026 to $91,943 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.3% = (91943.12163686239 - 91709.64856474796) / 91709.64856474796 × 100
- 91943.12163686239 = Zillow ZHVI, 2026-08
- 91709.64856474796 = Zillow ZHVI, 2026-07
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.