Putnam County, IN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 39.67, -86.85.
Assembled 2026-10-06. Read the brief.
- 63rd pct · 1,127th of 3,063 US counties · median $234,566
- 75th pct · 23rd of 92 Indiana counties · median $234,055
- 69th pct · 932nd of 3,063 US counties · median +2.9%
- 57th pct · 40th of 92 Indiana counties · median +4.2%
- US counties: not published this period
- Indiana counties: not published this period
- 61st pct · 1,254th of 3,221 US counties · median 8,232
- 48th pct · 48th of 92 Indiana counties · median 12,958
- 43rd pct · 1,802nd of 3,221 US counties · median $1,039
- 35th pct · 60th of 92 Indiana counties · median $1,045
- 68th pct · 973rd of 3,063 US counties · median 4.3
- 83rd pct · 16th of 92 Indiana counties · median 4.2
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 $276,005 (Aug 2026), +4.7% over one year, +33.4% over five
- 63rd pct · 1,127th of 3,063 US counties · median $234,566
- 75th pct · 23rd of 92 Indiana counties · median $234,055
| Item | Value | Distance |
|---|---|---|
| Putnam County, IN | $276,005 · +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
- Indiana 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 $1,511 a month on $276,005 at 7.28%, against an average weekly wage worth $4,390 a month: 34.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $276,005 × 80% = $220,804, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,511/mo principal and interest
- wage share = payment / (avg weekly wage $1,013 × 52 / 12 = $4,390) = 34% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $276,005 / ($1,013 × 52) = 5.2
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 #
12,845 jobs at 782 employers (2026 Q1); +4.8% jobs and +0.7% average weekly wage over the year
- 61st pct · 1,254th of 3,221 US counties · median 8,232
- 48th pct · 48th of 92 Indiana counties · median 12,958
| Item | Value | Distance |
|---|---|---|
| Putnam County, IN | 12,845 jobs · $1,013/wk · +4.8% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 2,423 | $1,289 | 2.34 | +7.7% |
| Transportation and warehousing | 2,058 | $876 | 3.80 | +29.4% |
| Health care and social assistance | 1,164 | $737 | 0.60 | -0.3% |
| Retail trade | 1,153 | $691 | 0.92 | -1.3% |
| Accommodation and food services | 929 | $377 | 0.81 | +1.2% |
| Educational services | 697 | $1,308 | 2.52 | -0.3% |
| Construction | 560 | $1,246 | 0.83 | +1.6% |
| Other services | 240 | $898 | 0.63 | +5.3% |
| Finance and insurance | 224 | $1,444 | 0.43 | -4.7% |
| Professional and technical services | 207 | $1,443 | 0.23 | -10.0% |
| Wholesale trade | 183 | $1,703 | 0.37 | +16.6% |
| Administrative and waste services | 182 | $1,206 | 0.25 | -39.9% |
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 #
$827.0 m in deposits at 12 offices of 7 banks (SOD June 2026); HHI 2,105, highly concentrated. $243.5 m federal obligations in FY2026 (direct payments $223.1 m, grants $20.4 m), $18,958 per covered job
| Item | Value | Distance |
|---|---|---|
| First National Bank | $277.6 m · 33.6% share · 3 offices | |
| Old National Bank | $178.5 m · 21.6% share · 1 office | |
| PNC Bank, National Association | $106.6 m · 12.9% share · 1 office | |
| Putnam, IN | $243.5 m FY2026 · $18,958/job | |
| MULTIPLE RECIPIENTS | $218.7 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First National Bank | $277,614,000 | 33.6% | 3 |
| Old National Bank | $178,507,000 | 21.6% | 1 |
| PNC Bank, National Association | $106,563,000 | 12.9% | 1 |
| Tri-County Bank & Trust Company | $104,692,000 | 12.7% | 3 |
| The North Salem State Bank | $103,115,000 | 12.5% | 2 |
| First Financial Bank, National Association | $44,097,000 | 5.3% | 1 |
| Hoosier Heartland State Bank | $12,442,000 | 1.5% | 1 |
Deposit concentration is 2,105 across 7 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 7 banks with deposits in the county = 33.6² + 21.6² + 12.9² + … (4 more) = 2,105
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 | $194,047,584 |
| Department of Veterans Affairs | $22,627,108 |
| Department of Transportation | $20,077,360 |
| Department of Education | $2,656,011 |
| Railroad Retirement Board | $1,991,075 |
| Department of Agriculture | $967,576 |
| Department of Housing and Urban Development | $721,196 |
| Department of Health and Human Services | $283,245 |
| Federal Communications Commission | $106,838 |
| Department of Defense | $32,772 |
| Department of the Interior | -$1,570 |
That is $18,958 per covered job, against 12,845 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $243.5 m / 12,845 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $18,958
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 | 12.28 | 2026-10-04 | -0.1% |
| 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 | 2026-10-05 | +0.1% |
| 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 | -88,576.00 | 2026-07-01 | -24.4% |
| 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 #
Putnam County, IN: 7 findings, 7 noted
notePutnam County, IN's covered employment was 4.8% 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
- +4.8 % = 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
notePutnam County, IN's average weekly wage was 0.7% 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
- +0.7 % = 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
notePutnam County, IN's typical home value rose 0.6% from $274,347 in July 2026 to $276,005 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.6% = (276004.9647082656 - 274347.0766873811) / 274347.0766873811 × 100
- 276004.9647082656 = Zillow ZHVI, 2026-08
- 274347.0766873811 = Zillow ZHVI, 2026-07
notePutnam County, IN's covered employment of +4.8% ranks 6th of 92 Indiana counties, against a median of -0.8%.
Period 2026 Q1.Show the arithmetic
- 95 on the 0-to-100 scale across 92 Indiana counties that published jobs.yoy.emp
position among the entities that published this metric this period; not an official level
notePutnam County, IN's covered employment of +4.8% ranks 210th of 3,221 US counties, against a median of -0.2%.
Period 2026 Q1.Show the arithmetic
- 93 on the 0-to-100 scale across 3221 US counties that published jobs.yoy.emp
position among the entities that published this metric this period; not an official level
Read all 7 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.