Kankakee County, IL
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 41.14, -87.86.
Assembled 2026-10-06. Read the brief.
- 46th pct · 1,628th of 3,063 US counties · median $234,566
- 83rd pct · 18th of 102 Illinois counties · median $158,585
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
- 80th pct · 598th of 3,063 US counties · median +2.9%
- 62nd pct · 39th of 102 Illinois counties · median +5.2%
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
- 40th pct · 834th of 1,399 US counties · median $1,496
- 72nd pct · 10th of 34 Illinois counties · median $1,181
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
- 81st pct · 599th of 3,221 US counties · median 8,232
- 84th pct · 17th of 102 Illinois counties · median 7,611
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
- 67th pct · 1,054th of 3,221 US counties · median $1,039
- 66th pct · 35th of 102 Illinois counties · median $1,061
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
- 41st pct · 1,801st of 3,063 US counties · median 4.3
- 82nd pct · 19th of 102 Illinois counties · median 2.8
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
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 $226,790 (Aug 2026), +6.1% over one year, +30.8% over five
- 46th pct · 1,628th of 3,063 US counties · median $234,566
- 83rd pct · 18th of 102 Illinois counties · median $158,585
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Kankakee County, IL | $226,790 · +6.1% 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 $1,392/mo (Aug 2026), +4.6% over one year; price-to-rent 13.6
- 40th pct · 834th of 1,399 US counties · median $1,496
- 72nd pct · 10th of 34 Illinois counties · median $1,181
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Kankakee County, IL | $1,392/mo · +4.6% 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 $1,241 a month on $226,790 at 7.28%, against an average weekly wage worth $4,884 a month: 25.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $226,790 × 80% = $181,432, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,241/mo principal and interest
- wage share = payment / (avg weekly wage $1,127 × 52 / 12 = $4,884) = 25% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $226,790 / ($1,127 × 52) = 3.9
- price-to-rent = $226,790 / ($1,392 × 12) = 13.6
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 #
40,743 jobs at 2,151 employers (2026 Q1); -3.2% jobs and +2.5% average weekly wage over the year
- 81st pct · 599th of 3,221 US counties · median 8,232
- 84th pct · 17th of 102 Illinois counties · median 7,611
- counties in the Kankakee metro: Rank context is unavailable: the manifest lists 1 counties in the Kankakee metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Kankakee County, IL | 40,743 jobs · $1,127/wk · -3.2% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 7,422 | $1,072 | 1.21 | -6.2% |
| Manufacturing | 6,918 | $1,785 | 2.11 | -1.7% |
| Retail trade | 4,801 | $711 | 1.21 | -1.9% |
| Accommodation and food services | 3,727 | $417 | 1.02 | -4.6% |
| Administrative and waste services | 2,000 | $650 | 0.86 | +6.8% |
| Construction | 1,483 | $1,470 | 0.69 | +0.2% |
| Wholesale trade | 1,464 | $1,639 | 0.94 | -18.3% |
| Other services | 1,103 | $771 | 0.91 | -0.1% |
| Transportation and warehousing | 1,026 | $1,245 | 0.60 | -13.4% |
| Finance and insurance | 741 | $1,481 | 0.45 | +0.1% |
| Educational services | 735 | $741 | 0.84 | -8.4% |
| Real estate and rental | 324 | $1,258 | 0.52 | +2.9% |
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 #
No drought class at this point (USDM covers the United States only)
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 #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$2.8 bn in deposits at 33 offices of 13 banks (SOD June 2026); HHI 1,577, moderately concentrated. $672.4 m federal obligations in FY2026 (direct payments $619.1 m, grants $49.9 m), $16,503 per covered job
| Item | Value | Distance |
|---|---|---|
| Midland States Bank | $899.6 m · 31.7% share · 8 offices | |
| Peoples Bank of Kankakee County | $328.3 m · 11.6% share · 3 offices | |
| Municipal Trust and Savings Bank | $305.7 m · 10.8% share · 2 offices | |
| Kankakee, IL | $672.4 m FY2026 · $16,503/job | |
| MULTIPLE RECIPIENTS | $594.6 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Midland States Bank | $899,607,000 | 31.7% | 8 |
| Peoples Bank of Kankakee County | $328,320,000 | 11.6% | 3 |
| Municipal Trust and Savings Bank | $305,734,000 | 10.8% | 2 |
| PNC Bank, National Association | $298,974,000 | 10.5% | 4 |
| First Trust Bank of Illinois | $284,123,000 | 10.0% | 4 |
| First American Bank | $195,251,000 | 6.9% | 1 |
| Foresight Bank | $147,400,000 | 5.2% | 2 |
| National Bank of St. Anne | $126,758,000 | 4.5% | 3 |
| Servbank, National Association | $76,547,000 | 2.7% | 1 |
| First Financial Bank | $75,309,000 | 2.6% | 1 |
Deposit concentration is 1,577 across 13 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 13 banks with deposits in the county = 31.7² + 11.6² + 10.8² + … (10 more) = 1,577
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 | $532,973,648 |
| Department of Veterans Affairs | $70,561,327 |
| Department of Transportation | $24,786,677 |
| Railroad Retirement Board | $10,860,552 |
| Department of Agriculture | $10,618,852 |
| Department of Housing and Urban Development | $8,487,089 |
| Department of Education | $7,656,747 |
| Department of Health and Human Services | $3,041,421 |
| Environmental Protection Agency | $2,265,322 |
| Federal Communications Commission | $1,002,117 |
| Department of Homeland Security | $162,399 |
| Small Business Administration | $0 |
That is $16,503 per covered job, against 40,743 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $672.4 m / 40,743 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $16,503
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 #
Kankakee County, IL: 10 findings, 1 at an alert level, 4 at a watch level and 5 noted
alertKankakee County, IL's covered employment is -3.2% 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 = -3.2 <= -3
BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level
watchKankakee County, IL's covered employment is -3.2% 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 = -3.2 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchKankakee County, IL's years of wages of 3.9 scores 41 on the 0-to-100 scale across US counties but 82 across Illinois counties, a gap of 41 points.
Period 2026-08.Show the arithmetic
- 41 = |41 across US counties - 82 across Illinois counties|
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the entities that published this metric this period; not an official level
watchKankakee County, IL's typical home value of $226,790 scores 47 on the 0-to-100 scale across US counties but 83 across Illinois counties, a gap of 36 points.
Period 2026-08.Show the arithmetic
- 36 = |47 across US counties - 83 across Illinois counties|
position among the entities that published this metric this period; not an official level
watchKankakee County, IL's typical asking rent of $1,392 scores 40 on the 0-to-100 scale across US counties but 73 across Illinois counties, a gap of 32 points.
Period 2026-08.Show the arithmetic
- 32 = |40 across US counties - 73 across Illinois counties|
position among the entities that published this metric this period; not an official level
Read all 10 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.