Newaygo County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 43.56, -85.79.
Assembled 2026-10-06. Read the brief.
- 57th pct · 1,290th of 3,063 US counties · median $234,566
- 64th pct · 30th of 83 Michigan counties · median $226,891
- 93rd pct · 195th of 3,063 US counties · median +2.9%
- 84th pct · 14th of 83 Michigan counties · median +5.7%
- 43rd pct · 785th of 1,399 US counties · median $1,496
- 69th pct · 13th of 40 Michigan counties · median $1,338
- 58th pct · 1,340th of 3,221 US counties · median 8,232
- 45th pct · 46th of 83 Michigan counties · median 12,414
- 32nd pct · 2,174th of 3,221 US counties · median $1,039
- 26th pct · 61st of 83 Michigan counties · median $1,045
- 66th pct · 1,029th of 3,063 US counties · median 4.3
- 74th pct · 22nd 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 $256,457 (Aug 2026), +9.0% over one year, +25.5% over five
- 57th pct · 1,290th of 3,063 US counties · median $234,566
- 64th pct · 30th of 83 Michigan counties · median $226,891
| Item | Value | Distance |
|---|---|---|
| Newaygo County, MI | $256,457 · +9.0% 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 $1,429/mo (Aug 2026), n/a over one year; price-to-rent 15.0
- 43rd pct · 785th of 1,399 US counties · median $1,496
- 69th pct · 13th of 40 Michigan counties · median $1,338
| Item | Value | Distance |
|---|---|---|
| Newaygo County, MI | $1,429/mo · n/a 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 $1,404 a month on $256,457 at 7.28%, against an average weekly wage worth $4,169 a month: 33.7% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $256,457 × 80% = $205,165, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,404/mo principal and interest
- wage share = payment / (avg weekly wage $962 × 52 / 12 = $4,169) = 34% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $256,457 / ($962 × 52) = 5.1
- price-to-rent = $256,457 / ($1,429 × 12) = 15.0
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 #
11,734 jobs at 903 employers (2026 Q1); +1.0% jobs and -4.0% average weekly wage over the year
- 58th pct · 1,340th of 3,221 US counties · median 8,232
- 45th pct · 46th of 83 Michigan counties · median 12,414
| Item | Value | Distance |
|---|---|---|
| Newaygo County, MI | 11,734 jobs · $962/wk · +1.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 2,031 | $1,159 | 2.15 | +1.4% |
| Retail trade | 1,694 | $627 | 1.48 | -0.9% |
| Health care and social assistance | 1,434 | $847 | 0.81 | -1.5% |
| Accommodation and food services | 708 | $396 | 0.67 | +6.5% |
| Finance and insurance | 610 | $1,642 | 1.28 | +4.6% |
| Other services | 538 | $769 | 1.53 | +0.7% |
| Professional and technical services | 445 | $1,601 | 0.55 | +0.0% |
| Administrative and waste services | 424 | $918 | 0.64 | -8.4% |
| Transportation and warehousing | 184 | $982 | 0.37 | +4.5% |
| Educational services | 82 | $531 | 0.32 | -9.9% |
| Arts, entertainment and recreation | 54 | $556 | 0.28 | -12.9% |
| Real estate and rental | 27 | $834 | 0.15 | +3.8% |
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 #
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 #
$547.4 m in deposits at 9 offices of 5 banks (SOD June 2026); HHI 2,631, highly concentrated. $356.8 m federal obligations in FY2026 (direct payments $354.3 m, grants $2.5 m), $30,406 per covered job
| Item | Value | Distance |
|---|---|---|
| ChoiceOne Bank | $186.9 m · 34.1% share · 3 offices | |
| Independent Bank | $174.1 m · 31.8% share · 2 offices | |
| The Huntington National Bank | $94.3 m · 17.2% share · 2 offices | |
| Newaygo, MI | $356.8 m FY2026 · $30,406/job | |
| MULTIPLE RECIPIENTS | $352.8 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| ChoiceOne Bank | $186,880,000 | 34.1% | 3 |
| Independent Bank | $174,060,000 | 31.8% | 2 |
| The Huntington National Bank | $94,286,000 | 17.2% | 2 |
| Fifth Third Bank, National Association | $61,452,000 | 11.2% | 1 |
| Horizon Bank | $30,691,000 | 5.6% | 1 |
Deposit concentration is 2,631 across 5 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 5 banks with deposits in the county = 34.1² + 31.8² + 17.2² + … (2 more) = 2,631
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 | $313,021,389 |
| Department of Veterans Affairs | $33,359,326 |
| Department of Health and Human Services | $5,350,805 |
| Department of Transportation | $1,685,142 |
| Railroad Retirement Board | $1,097,894 |
| Department of Agriculture | $973,275 |
| Department of Housing and Urban Development | $776,893 |
| Department of Justice | $454,581 |
| Department of Education | $32,271 |
| Federal Communications Commission | $31,493 |
| Department of Defense | $6,700 |
That is $30,406 per covered job, against 11,734 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $356.8 m / 11,734 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $30,406
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 | -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 #
Newaygo County, MI: 7 findings, 1 at a watch level and 6 noted
watchNewaygo County, MI's average weekly wage is -4.0% against a year earlier, a watch level here: average weekly wage below the same quarter a year earlier, before inflation (BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, 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.avgWeeklyWage = -4 < 0
BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, not an official level
noteNewaygo County, MI's average weekly wage was 4.0% 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
- -4 % = 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
noteNewaygo County, MI's covered employment was 1.0% 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
- +1 % = 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
noteNewaygo County, MI's typical home value rose 0.3% from $255,770 in July 2026 to $256,457 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.3% = (256456.65583365035 - 255769.9936425254) / 255769.9936425254 × 100
- 256456.65583365035 = Zillow ZHVI, 2026-08
- 255769.9936425254 = Zillow ZHVI, 2026-07
noteNewaygo County, MI's typical home value of +9.0% ranks 195th 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 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.