Franklin County, IN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 39.41, -85.07.
Assembled 2026-10-07. Read the brief.
- 69th pct · 923rd of 3,063 US counties · median $234,566
- 84th pct · 15th of 92 Indiana counties · median $234,055
- 64th pct · 6th of 15 counties in the Cincinnati metro · median $287,730
- 73rd pct · 819th of 3,063 US counties · median +2.9%
- 61st pct · 36th of 92 Indiana counties · median +4.2%
- 85th pct · 3rd of 15 counties in the Cincinnati metro · median +3.2%
- US counties: not published this period
- Indiana counties: not published this period
- counties in the Cincinnati metro: not published this period
- 33rd pct · 2,127th of 3,221 US counties · median 8,232
- 13th pct · 80th of 92 Indiana counties · median 12,958
- 28th pct · 11th of 15 counties in the Cincinnati metro · median 14,828
- 29th pct · 2,256th of 3,221 US counties · median $1,039
- 16th pct · 77th of 92 Indiana counties · median $1,045
- 21st pct · 12th of 15 counties in the Cincinnati metro · median $1,184
- 79th pct · 625th of 3,063 US counties · median 4.3
- 94th pct · 6th of 92 Indiana counties · median 4.2
- 92nd pct · 2nd of 15 counties in the Cincinnati metro · median 5.2
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 $300,760 (Aug 2026), +5.1% over one year, +26.5% over five
- 69th pct · 923rd of 3,063 US counties · median $234,566
- 84th pct · 15th of 92 Indiana counties · median $234,055
- 64th pct · 6th of 15 counties in the Cincinnati metro · median $287,730
| Item | Value | Distance |
|---|---|---|
| Franklin County, IN | $300,760 · +5.1% 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 #
Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)
- US counties: not published this period
- Indiana counties: not published this period
- counties in the Cincinnati metro: 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 $1,646 a month on $300,760 at 7.28%, against an average weekly wage worth $4,125 a month: 39.9% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $300,760 × 80% = $240,608, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,646/mo principal and interest
- wage share = payment / (avg weekly wage $952 × 52 / 12 = $4,125) = 40% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $300,760 / ($952 × 52) = 6.1
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 #
4,433 jobs at 365 employers (2026 Q1); -0.3% jobs and +2.9% average weekly wage over the year
- 33rd pct · 2,127th of 3,221 US counties · median 8,232
- 13th pct · 80th of 92 Indiana counties · median 12,958
- 28th pct · 11th of 15 counties in the Cincinnati metro · median 14,828
| Item | Value | Distance |
|---|---|---|
| Franklin County, IN | 4,433 jobs · $952/wk · -0.3% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 823 | $1,164 | 2.31 | +3.9% |
| Retail trade | 527 | $591 | 1.22 | -4.7% |
| Health care and social assistance | 475 | $917 | 0.71 | -7.0% |
| Wholesale trade | 232 | $2,047 | 1.37 | +4.5% |
| Finance and insurance | 153 | $1,324 | 0.85 | -5.6% |
| Administrative and waste services | 131 | $846 | 0.52 | -3.7% |
| Educational services | 57 | $740 | 0.60 | +1.8% |
| Mining, oil and gas | 23 | $747 | 1.46 | +0.0% |
| Real estate and rental | 3 | $150 | 0.04 | -40.0% |
| Agriculture, forestry, fishing | withheld | |||
| Utilities | withheld | |||
| Construction | 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.
Water #
Banks & federal dollars #
$869.4 m in deposits at 8 offices of 5 banks (SOD June 2026); HHI 3,130, highly concentrated. $29.5 m federal obligations in FY2026 (contracts $20.3 m, grants $9.2 m), $6,651 per covered job
| Item | Value | Distance |
|---|---|---|
| FCN Bank, National Association | $354.9 m · 40.8% share · 2 offices | |
| First Financial Bank | $243.9 m · 28.1% share · 2 offices | |
| Bath State Bank | $220.5 m · 25.4% share · 2 offices | |
| Franklin, IN | $29.5 m FY2026 · $6,651/job | |
| MULTIPLE RECIPIENTS | $159.2 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| FCN Bank, National Association | $354,950,000 | 40.8% | 2 |
| First Financial Bank | $243,949,000 | 28.1% | 2 |
| Bath State Bank | $220,546,000 | 25.4% | 2 |
| The Friendship State Bank | $49,992,000 | 5.7% | 1 |
| Community Bank, National Association | $0 | 0.0% | 1 |
Deposit concentration is 3,130 across 4 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 4 banks with deposits in the county = 40.8² + 28.1² + 25.4² + … (1 more) = 3,130
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 | $148,673,578 |
| Department of Veterans Affairs | $28,920,641 |
| Department of Transportation | $7,685,693 |
| Department of Agriculture | $2,092,394 |
| Railroad Retirement Board | $762,888 |
| Department of Health and Human Services | $561,296 |
| Department of Defense | $433,046 |
| Department of Justice | $357,238 |
| Federal Communications Commission | $8,700 |
| Small Business Administration | $0 |
That is $6,651 per covered job, against 4,433 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $29.5 m / 4,433 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $6,651
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 #
Franklin County, IN: 8 findings, 1 at a watch level and 7 noted
watchFranklin County, IN's covered employment is -0.3% 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 = -0.3 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteFranklin County, IN's average weekly wage was 2.9% 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
- +2.9 % = 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
noteFranklin County, IN's covered employment was 0.3% 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
- -0.3 % = 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
noteFranklin County, IN's typical home value rose 0.3% from $299,974 in July 2026 to $300,760 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.3% = (300760.10025694716 - 299974.3330544137) / 299974.3330544137 × 100
- 300760.10025694716 = Zillow ZHVI, 2026-08
- 299974.3330544137 = Zillow ZHVI, 2026-07
noteFranklin County, IN's years of wages of 6.1 ranks 6th of 92 Indiana counties, against a median of 4.2.
Period 2026-08.Show the arithmetic
- 95 on the 0-to-100 scale across 92 Indiana counties that published yearsOfWages
- 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
Read all 8 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.