Emmet County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 45.59, -84.99.
Assembled 2026-10-06. Read the brief.
- 90th pct · 305th of 3,063 US counties · median $234,566
- 98th pct · 2nd of 83 Michigan counties · median $226,891
- 93rd pct · 186th of 3,063 US counties · median +2.9%
- 85th pct · 13th of 83 Michigan counties · median +5.7%
- US counties: not published this period
- Michigan counties: not published this period
- 67th pct · 1,035th of 3,221 US counties · median 8,232
- 63rd pct · 31st of 83 Michigan counties · median 12,414
- 65th pct · 1,126th of 3,221 US counties · median $1,039
- 65th pct · 29th of 83 Michigan counties · median $1,045
- 91st pct · 246th of 3,063 US counties · median 4.3
- 96th pct · 4th of 83 Michigan counties · median 4.1
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 $446,798 (Aug 2026), +9.1% over one year, +23.4% over five
- 90th pct · 305th of 3,063 US counties · median $234,566
- 98th pct · 2nd of 83 Michigan counties · median $226,891
| Item | Value | Distance |
|---|---|---|
| Emmet County, MI | $446,798 · +9.1% 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
- Michigan 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 $2,446 a month on $446,798 at 7.28%, against an average weekly wage worth $4,832 a month: 50.6% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $446,798 × 80% = $357,438, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,446/mo principal and interest
- wage share = payment / (avg weekly wage $1,115 × 52 / 12 = $4,832) = 51% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $446,798 / ($1,115 × 52) = 7.7
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 #
17,136 jobs at 1,610 employers (2026 Q1); +1.8% jobs and +2.0% average weekly wage over the year
- 67th pct · 1,035th of 3,221 US counties · median 8,232
- 63rd pct · 31st of 83 Michigan counties · median 12,414
| Item | Value | Distance |
|---|---|---|
| Emmet County, MI | 17,136 jobs · $1,115/wk · +1.8% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 2,881 | $844 | 1.73 | +1.6% |
| Health care and social assistance | 2,701 | $1,490 | 1.05 | -0.8% |
| Accommodation and food services | 2,236 | $714 | 1.45 | +5.4% |
| Manufacturing | 1,548 | $1,415 | 1.12 | +1.4% |
| Construction | 1,486 | $1,204 | 1.65 | +3.3% |
| Administrative and waste services | 722 | $1,010 | 0.74 | +2.7% |
| Other services | 619 | $850 | 1.21 | -5.2% |
| Arts, entertainment and recreation | 557 | $783 | 1.97 | +3.3% |
| Finance and insurance | 318 | $1,845 | 0.46 | -2.2% |
| Wholesale trade | 284 | $1,327 | 0.43 | +4.4% |
| Real estate and rental | 201 | $1,127 | 0.77 | -0.5% |
| Information | 161 | $1,315 | 0.51 | +0.6% |
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 #
11 gauges · 0 flooding · 0 with quality panels · 5 stale
Sites found: 11, 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 |
|---|---|---|
| Cheboygan River at Mullet Lake Outlet near Cheboygan | no readings | 39 km |
| STURGEON RIVER NEAR WOLVERINE, MI | flow 219.0 ft³/s · STALE | 44 km |
| STURGEON RIVER AT WOLVERINE, MI | flow 203.0 ft³/s · no flooding | 46 km |
| JORDAN RIVER NEAR EAST JORDAN, MI | flow 181.0 ft³/s | 55 km |
| BLACK RIVER NEAR TOWER, MI | flow 142.0 ft³/s · STALE | 55 km |
| PIGEON RIVER NEAR VANDERBILT, MI | flow 79.3 ft³/s | 63 km |
| PIGEON RIVER AT PIGEON RIVER HQ NR VANDERBILT, MI | flow 61.0 ft³/s · STALE | 63 km |
| BLACK RIVER NEAR GARNET, MI | flow 6.06 ft³/s | 66 km |
| INTERMEDIATE RIVER AT STATE HWY-88 AT BELLAIRE, MI | flow 214.0 ft³/s · STALE | 70 km |
| PINE RIVER AT MACKINAC TRAIL NEAR RUDYARD, MI | flow 86.6 ft³/s · STALE | 73 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 #
5 wells in 2 named aquifers: Sand and gravel aquifers (glaciated regions), Silurian-Devonian aquifers
Sites found: 5, 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 |
|---|---|---|
| Sand and gravel aquifers (glaciated regions) | depth 5.81 ft · 2026-10-05 | 27 km |
| Sand and gravel aquifers (glaciated regions) | depth 74.1 ft · 1953-10-08 | 38 km |
| 41N 05W 23BC 01 MACKINAC CO (ROUND LAKE CCC) | depth 13.9 ft · 1959-08-28 | 39 km |
| Silurian-Devonian aquifers | depth 26.9 ft · 1992-07-07 | 60 km |
| Sand and gravel aquifers (glaciated regions) | depth 58.1 ft · 1991-09-30 | 62 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 (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$1.1 bn in deposits at 19 offices of 8 banks (SOD June 2026); HHI 1,931, highly concentrated. $288.5 m federal obligations in FY2026 (direct payments $280.3 m, grants $7.9 m), $16,835 per covered job
| Item | Value | Distance |
|---|---|---|
| JPMorgan Chase Bank, National Association | $331.8 m · 28.9% share · 2 offices | |
| First Community Bank | $209.9 m · 18.3% share · 6 offices | |
| The Huntington National Bank | $199.4 m · 17.3% share · 2 offices | |
| Emmet, MI | $288.5 m FY2026 · $16,835/job | |
| MULTIPLE RECIPIENTS | $263.8 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| JPMorgan Chase Bank, National Association | $331,767,000 | 28.9% | 2 |
| First Community Bank | $209,935,000 | 18.3% | 6 |
| The Huntington National Bank | $199,371,000 | 17.3% | 2 |
| Fifth Third Bank, National Association | $194,872,000 | 17.0% | 2 |
| Citizens National Bank of Cheboygan | $139,473,000 | 12.1% | 4 |
| PNC Bank, National Association | $59,705,000 | 5.2% | 1 |
| Mercantile Bank | $11,025,000 | 1.0% | 1 |
| Nicolet National Bank | $3,027,000 | 0.3% | 1 |
Deposit concentration is 1,931 across 8 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 8 banks with deposits in the county = 28.9² + 18.3² + 17.3² + … (5 more) = 1,931
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 | $244,188,852 |
| Department of Veterans Affairs | $19,154,528 |
| Department of Transportation | $8,765,082 |
| Department of the Interior | $6,874,380 |
| Department of Education | $3,548,066 |
| Department of Housing and Urban Development | $3,292,860 |
| Department of Agriculture | $1,009,957 |
| Department of Justice | $960,480 |
| Railroad Retirement Board | $399,994 |
| Institute of Museum and Library Services | $104,085 |
| Small Business Administration | $93,467 |
| Department of Health and Human Services | $66,743 |
That is $16,835 per covered job, against 17,136 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $288.5 m / 17,136 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $16,835
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 | 2026-10-06 | +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 | -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 #
Emmet County, MI: 8 findings, 1 at a watch level and 7 noted
watchEmmet County, MI's years of wages of 7.7 ranks 246th 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 = 91.99869366427171 >= 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
noteEmmet County, MI's average weekly wage was 2.0% 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 % = 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
noteEmmet County, MI's covered employment was 1.8% 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
- +1.8 % = 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
noteEmmet County, MI's typical home value of $446,798 ranks 2nd of 83 Michigan counties, against a median of $226,891.
Period 2026-08.Show the arithmetic
- 99 on the 0-to-100 scale across 83 Michigan counties that published home.latest
position among the entities that published this metric this period; not an official level
noteEmmet County, MI's typical home value of +9.1% ranks 186th of 3,063 US counties, against a median of +2.9%.
Period 2026-08.Show the arithmetic
- 94 on the 0-to-100 scale across 3063 US counties that published home.yoyPct
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.