Montmorency County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 45.02, -84.13.
Assembled 2026-10-06. Read the brief.
- 28th pct · 2,190th of 3,063 US counties · median $234,566
- 15th pct · 70th of 83 Michigan counties · median $226,891
- 51st pct · 1,477th of 3,063 US counties · median +2.9%
- 14th pct · 71st of 83 Michigan counties · median +5.7%
- US counties: not published this period
- Michigan counties: not published this period
- 16th pct · 2,702nd of 3,221 US counties · median 8,232
- 7th pct · 77th of 83 Michigan counties · median 12,414
- 7th pct · 2,980th of 3,221 US counties · median $1,039
- 6th pct · 78th of 83 Michigan counties · median $1,045
- 49th pct · 1,533rd of 3,063 US counties · median 4.3
- 54th pct · 38th 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 $180,645 (Aug 2026), +3.1% over one year, +10.2% over five
- 28th pct · 2,190th of 3,063 US counties · median $234,566
- 15th pct · 70th of 83 Michigan counties · median $226,891
| Item | Value | Distance |
|---|---|---|
| Montmorency County, MI | $180,645 · +3.1% 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 $989 a month on $180,645 at 7.28%, against an average weekly wage worth $3,510 a month: 28.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $180,645 × 80% = $144,516, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $989/mo principal and interest
- wage share = payment / (avg weekly wage $810 × 52 / 12 = $3,510) = 28% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $180,645 / ($810 × 52) = 4.3
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 #
1,987 jobs at 231 employers (2026 Q1); +4.6% jobs and +0.2% average weekly wage over the year
- 16th pct · 2,702nd of 3,221 US counties · median 8,232
- 7th pct · 77th of 83 Michigan counties · median 12,414
| Item | Value | Distance |
|---|---|---|
| Montmorency County, MI | 1,987 jobs · $810/wk · +4.6% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 412 | $949 | 2.58 | -3.3% |
| Retail trade | 215 | $493 | 1.11 | +1.9% |
| Accommodation and food services | 174 | $334 | 0.97 | +1.8% |
| Finance and insurance | 61 | $1,048 | 0.75 | -4.7% |
| Other services | 57 | $447 | 0.96 | +26.7% |
| Arts, entertainment and recreation | 50 | $479 | 1.53 | +6.4% |
| Real estate and rental | 26 | $1,159 | 0.85 | +23.8% |
| Transportation and warehousing | 22 | $1,286 | 0.26 | -4.3% |
| Administrative and waste services | 11 | $408 | 0.10 | +22.2% |
| Agriculture, forestry, fishing | withheld | |||
| Mining, oil and gas | withheld | |||
| Utilities | 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.
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 #
18 gauges · 0 flooding · 10 with quality panels averaging 100 % · 5 stale
Sites found: 18, 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 |
|---|---|---|
| PIGEON RIVER AT PIGEON RIVER HQ NR VANDERBILT, MI | flow 61.0 ft³/s · STALE | 29 km |
| PIGEON RIVER NEAR VANDERBILT, MI | flow 77.0 ft³/s | 30 km |
| THUNDER BAY RIVER AT HERRON ROAD NEAR BOLTON, MI | flow 361.0 ft³/s | 40 km |
| AU SABLE RIVER AT MIO, MI | flow 911.0 ft³/s · quality 100 % (2) | 40 km |
| AU SABLE RIVER NEAR RED OAK, MI | flow 780.0 ft³/s · quality 100 % (2) · no flooding | 41 km |
| NB AU SABLE RIVER AT KELLOGGS BR NEAR LOVELLS, MI | flow 217.0 ft³/s · quality 100 % (1) | 41 km |
| BLACK RIVER NEAR TOWER, MI | flow 142.0 ft³/s · STALE | 44 km |
| STURGEON RIVER AT WOLVERINE, MI | flow 201.0 ft³/s · no flooding | 46 km |
| STURGEON RIVER NEAR WOLVERINE, MI | flow 219.0 ft³/s · STALE | 49 km |
| AU SABLE RIVER NEAR MC KINLEY, MI | flow 1,050 ft³/s · quality 100 % (2) | 51 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 #
6 wells in 1 named aquifer: Sand and gravel aquifers (glaciated regions)
Sites found: 6, 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 58.1 ft · 1991-09-30 | 30 km |
| Sand and gravel aquifers (glaciated regions) | depth 15.1 ft · 1992-04-21 | 39 km |
| Sand and gravel aquifers (glaciated regions) | depth 28.0 ft · 1992-03-29 | 57 km |
| Sand and gravel aquifers (glaciated regions) | depth 74.1 ft · 1953-10-08 | 57 km |
| Sand and gravel aquifers (glaciated regions) | depth 7.78 ft · 1973-12-31 | 64 km |
| Sand and gravel aquifers (glaciated regions) | depth 4.83 ft · 1996-09-30 | 72 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 + 0.2×0.00 / 0.55
Banks & federal dollars #
$107.0 m in deposits at 2 offices of 2 banks (SOD June 2026); HHI 5,005, highly concentrated. $114.5 m federal obligations in FY2026 (direct payments $109.7 m, grants $4.7 m), $57,605 per covered job
| Item | Value | Distance |
|---|---|---|
| Nicolet National Bank | $55.2 m · 51.6% share · 1 office | |
| The Huntington National Bank | $51.8 m · 48.4% share · 1 office | |
| Montmorency, MI | $114.5 m FY2026 · $57,605/job | |
| MULTIPLE RECIPIENTS | $109.4 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Nicolet National Bank | $55,176,000 | 51.6% | 1 |
| The Huntington National Bank | $51,838,000 | 48.4% | 1 |
Deposit concentration is 5,005 across 2 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 2 banks with deposits in the county = 51.6² + 48.4² = 5,005
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 | $95,431,097 |
| Department of Veterans Affairs | $13,472,946 |
| Department of Health and Human Services | $3,446,514 |
| Department of Transportation | $1,181,480 |
| Railroad Retirement Board | $544,587 |
| Department of Agriculture | $249,468 |
| Department of Housing and Urban Development | $58,312 |
| Department of Education | $47,066 |
| Federal Communications Commission | $37,386 |
| Small Business Administration | -$7,700 |
That is $57,605 per covered job, against 1,987 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $114.5 m / 1,987 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $57,605
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 | -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 #
Montmorency County, MI: 9 findings, 2 at a watch level and 7 noted
watchMontmorency County, MI's typical home value of +3.1% scores 52 on the 0-to-100 scale across US counties but 15 across Michigan counties, a gap of 37 points.
Period 2026-08.Show the arithmetic
- 37 = |52 across US counties - 15 across Michigan counties|
position among the entities that published this metric this period; not an official level
watchMontmorency County, MI's momentum index of 0.47 scores 80 on the 0-to-100 scale across US counties but 49 across Michigan counties, a gap of 31 points.
Period 2026-08.Show the arithmetic
- 31 = |80 across US counties - 49 across Michigan counties|
- 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
noteMontmorency County, MI's covered employment was 4.6% 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
- +4.6 % = 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
noteMontmorency County, MI's average weekly wage was 0.2% 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
- +0.2 % = 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
noteMontmorency County, MI's average weekly wage of $810 ranks 78th of 83 Michigan counties, against a median of $1,045.
Period 2026 Q1.Show the arithmetic
- 6 on the 0-to-100 scale across 83 Michigan counties that published jobs.avgWeeklyWage
position among the entities that published this metric this period; not an official level
Read all 9 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.