Monroe County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 41.92, -83.49.
Assembled 2026-10-06. Read the brief.
- 62nd pct · 1,144th of 3,063 US counties · median $234,566
- 76th pct · 20th of 83 Michigan counties · median $226,891
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
- 82nd pct · 537th of 3,063 US counties · median +2.9%
- 54th pct · 38th of 83 Michigan counties · median +5.7%
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
- 33rd pct · 931st of 1,399 US counties · median $1,496
- 46th pct · 22nd of 40 Michigan counties · median $1,338
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
- 81st pct · 597th of 3,221 US counties · median 8,232
- 76th pct · 20th of 83 Michigan counties · median 12,414
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
- 85th pct · 455th of 3,221 US counties · median $1,039
- 90th pct · 9th of 83 Michigan counties · median $1,045
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
- 44th pct · 1,711th of 3,063 US counties · median 4.3
- 46th pct · 45th of 83 Michigan counties · median 4.1
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe 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 $273,480 (Aug 2026), +6.3% over one year, +26.5% over five
- 62nd pct · 1,144th of 3,063 US counties · median $234,566
- 76th pct · 20th of 83 Michigan counties · median $226,891
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Monroe County, MI | $273,480 · +6.3% 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 $1,331/mo (Aug 2026), +5.4% over one year; price-to-rent 17.1
- 33rd pct · 931st of 1,399 US counties · median $1,496
- 46th pct · 22nd of 40 Michigan counties · median $1,338
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Monroe County, MI | $1,331/mo · +5.4% 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 $1,497 a month on $273,480 at 7.28%, against an average weekly wage worth $5,698 a month: 26.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $273,480 × 80% = $218,784, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,497/mo principal and interest
- wage share = payment / (avg weekly wage $1,315 × 52 / 12 = $5,698) = 26% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $273,480 / ($1,315 × 52) = 4.0
- price-to-rent = $273,480 / ($1,331 × 12) = 17.1
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 #
40,873 jobs at 2,583 employers (2026 Q1); +1.9% jobs and +7.8% average weekly wage over the year
- 81st pct · 597th of 3,221 US counties · median 8,232
- 76th pct · 20th of 83 Michigan counties · median 12,414
- counties in the Monroe metro: Rank context is unavailable: the manifest lists 1 counties in the Monroe metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Monroe County, MI | 40,873 jobs · $1,315/wk · +1.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 5,647 | $1,832 | 1.72 | +2.4% |
| Retail trade | 5,550 | $745 | 1.39 | +2.5% |
| Health care and social assistance | 4,396 | $998 | 0.71 | -1.9% |
| Accommodation and food services | 4,030 | $394 | 1.10 | -3.3% |
| Transportation and warehousing | 2,274 | $1,527 | 1.32 | +17.3% |
| Administrative and waste services | 2,026 | $998 | 0.87 | -6.2% |
| Construction | 1,836 | $1,502 | 0.86 | -5.7% |
| Other services | 1,401 | $864 | 1.15 | +10.4% |
| Finance and insurance | 741 | $1,582 | 0.44 | +6.5% |
| Educational services | 386 | $698 | 0.44 | -5.6% |
| Arts, entertainment and recreation | 339 | $548 | 0.50 | +1.2% |
| Real estate and rental | 269 | $973 | 0.43 | -7.9% |
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 #
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 #
83 gauges · 0 flooding · 27 with quality panels averaging 96 % · 40 stale
Sites found: 83, 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 |
|---|---|---|
| OTTER CREEK AT LA SALLE, MI | flow 0.99 ft³/s · STALE | 6 km |
| RIVER RAISIN NEAR MONROE, MI | flow 877.0 ft³/s · quality 100 % (3) | 6 km |
| River Raisin at Monroe City | out of service | 8 km |
| MUDDY CREEK AT BELLETERRE RD NR ERIE, MI | flow 1.49 ft³/s | 10 km |
| River Raisin at Dundee | observation not current | 15 km |
| NORTH BRANCH AMOS PALMER DRAIN NEAR OAKVILLE, MI | flow 0.31 ft³/s · STALE | 17 km |
| Lake Erie at Fermi Tidal Gauge | no flooding | 20 km |
| STONY CREEK AT TUTTLE HILL RD AT OAKVILLE, MI | flow 37.0 ft³/s · STALE | 20 km |
| Otter Creek at Mouth at Oregon OH | flow 33.5 ft³/s · STALE | 24 km |
| USGS-414135083281900 | temp 13.4 °C · quality 100 % (2) · no flooding · STALE | 25 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 #
63 wells in 2 named aquifers: Silurian-Devonian aquifers, Sand and gravel aquifers (glaciated regions)
Sites found: 63, 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-415133083274801 | depth 9.71 ft · 2003-06-03 | 7 km |
| USGS-415721083331601 | depth 20.0 ft · 2003-09-29 | 7 km |
| USGS-415431083343201 | depth 19.9 ft · 2003-08-24 | 7 km |
| USGS-415923083272101 | depth 23.7 ft · 2003-09-29 | 9 km |
| USGS-420123083300001 | depth 43.0 ft · 2003-09-29 | 12 km |
| USGS-414748083305501 | depth 5.66 ft · 2003-09-29 | 13 km |
| USGS-415527083402001 | depth 56.5 ft · 2003-09-29 | 15 km |
| USGS-415235083414001 | depth 8.66 ft · 2003-09-29 | 18 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 + 0.2×0.04 / 0.55
Banks & federal dollars #
$3.0 bn in deposits at 22 offices of 7 banks (SOD June 2026); HHI 2,222, highly concentrated. $1.1 bn federal obligations in FY2026 (direct payments $1.0 bn, grants $95.2 m), $27,805 per covered job
| Item | Value | Distance |
|---|---|---|
| First Merchants Bank | $1.0 bn · 34.7% share · 9 offices | |
| The Huntington National Bank | $618.2 m · 20.6% share · 4 offices | |
| Old National Bank | $590.7 m · 19.7% share · 1 office | |
| Monroe, MI | $1.1 bn FY2026 · $27,805/job | |
| MULTIPLE RECIPIENTS | $1.0 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First Merchants Bank | $1,040,515,000 | 34.7% | 9 |
| The Huntington National Bank | $618,234,000 | 20.6% | 4 |
| Old National Bank | $590,653,000 | 19.7% | 1 |
| Fifth Third Bank, National Association | $350,910,000 | 11.7% | 3 |
| KeyBank National Association | $192,430,000 | 6.4% | 3 |
| PNC Bank, National Association | $162,277,000 | 5.4% | 1 |
| Flagstar Bank, National Association | $46,996,000 | 1.6% | 1 |
Deposit concentration is 2,222 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 = 34.7² + 20.6² + 19.7² + … (4 more) = 2,222
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 | $920,631,084 |
| Department of Veterans Affairs | $86,607,411 |
| Department of Transportation | $81,837,546 |
| Railroad Retirement Board | $12,064,807 |
| Department of Housing and Urban Development | $7,247,720 |
| Department of Health and Human Services | $7,077,735 |
| Department of Agriculture | $4,645,194 |
| Department of Commerce | $4,580,532 |
| Department of Education | $3,728,732 |
| Department of Defense | $3,361,034 |
| Department of Justice | $2,946,134 |
| Federal Communications Commission | $1,472,809 |
That is $27,805 per covered job, against 40,873 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $1.1 bn / 40,873 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $27,805
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 #
Monroe County, MI: 8 findings, 8 noted
noteMonroe County, MI's average weekly wage was 7.8% 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
- +7.8 % = 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
noteMonroe County, MI's covered employment was 1.9% 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
- +1.9 % = 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
noteMonroe County, MI's typical home value rose 0.4% from $272,499 in July 2026 to $273,480 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.4% = (273480.3068114119 - 272499.0028175376) / 272499.0028175376 × 100
- 273480.3068114119 = Zillow ZHVI, 2026-08
- 272499.0028175376 = Zillow ZHVI, 2026-07
noteMonroe County, MI's typical asking rent rose 0.3% from $1,326 in July 2026 to $1,331 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.3% = (1330.5343915343915 - 1326.481868851454) / 1326.481868851454 × 100
- 1330.5343915343915 = Zillow ZORI, 2026-08
- 1326.481868851454 = Zillow ZORI, 2026-07
noteMonroe County, MI's momentum index of 0.71 ranks 178th of 3,221 US counties, against a median of 0.23.
Period 2026-08.Show the arithmetic
- 95 on the 0-to-100 scale across 3221 US counties that published momentum
- momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)
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.