Oceana County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 43.60, -86.47.
Assembled 2026-10-07. Read the brief.
- 56th pct · 1,328th of 3,063 US counties · median $234,566
- 63rd pct · 31st of 83 Michigan counties · median $226,891
- 87th pct · 372nd of 3,063 US counties · median +2.9%
- 67th pct · 28th of 83 Michigan counties · median +5.7%
- US counties: not published this period
- Michigan counties: not published this period
- 41st pct · 1,873rd of 3,221 US counties · median 8,232
- 29th pct · 59th of 83 Michigan counties · median 12,414
- 22nd pct · 2,507th of 3,221 US counties · median $1,039
- 18th pct · 68th of 83 Michigan counties · median $1,045
- 69th pct · 928th of 3,063 US counties · median 4.3
- 84th pct · 14th 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 $253,756 (Aug 2026), +7.4% over one year, +17.9% over five
- 56th pct · 1,328th of 3,063 US counties · median $234,566
- 63rd pct · 31st of 83 Michigan counties · median $226,891
| Item | Value | Distance |
|---|---|---|
| Oceana County, MI | $253,756 · +7.4% 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 $1,389 a month on $253,756 at 7.28%, against an average weekly wage worth $3,965 a month: 35.0% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $253,756 × 80% = $203,005, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,389/mo principal and interest
- wage share = payment / (avg weekly wage $915 × 52 / 12 = $3,965) = 35% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $253,756 / ($915 × 52) = 5.3
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 #
5,938 jobs at 578 employers (2026 Q1); +2.8% jobs and +1.0% average weekly wage over the year
- 41st pct · 1,873rd of 3,221 US counties · median 8,232
- 29th pct · 59th of 83 Michigan counties · median 12,414
| Item | Value | Distance |
|---|---|---|
| Oceana County, MI | 5,938 jobs · $915/wk · +2.8% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 1,351 | $1,196 | 2.83 | +5.9% |
| Retail trade | 1,022 | $609 | 1.77 | -1.5% |
| Accommodation and food services | 518 | $450 | 0.97 | +6.1% |
| Construction | 305 | $909 | 0.98 | +8.9% |
| Wholesale trade | 266 | $1,071 | 1.17 | +0.8% |
| Other services | 139 | $600 | 0.78 | +5.3% |
| Finance and insurance | 99 | $1,345 | 0.41 | +2.1% |
| Professional and technical services | 97 | $898 | 0.24 | -1.0% |
| Arts, entertainment and recreation | 47 | $584 | 0.48 | +14.6% |
| Real estate and rental | 41 | $706 | 0.45 | +78.3% |
| Unclassified | 36 | $739 | 2.85 | +0.0% |
| Information | 17 | $2,189 | 0.16 | +112.5% |
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 #
$439.8 m in deposits at 9 offices of 5 banks (SOD June 2026); HHI 2,902, highly concentrated. $23.4 m federal obligations in FY2026 (contracts $17.9 m, grants $5.5 m), $3,948 per covered job
| Item | Value | Distance |
|---|---|---|
| The Shelby State Bank | $177.2 m · 40.3% share · 4 offices | |
| The Huntington National Bank | $127.8 m · 29.1% share · 2 offices | |
| Fifth Third Bank, National Association | $79.9 m · 18.2% share · 1 office | |
| Oceana, MI | $23.4 m FY2026 · $3,948/job | |
| MULTIPLE RECIPIENTS | $194.2 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The Shelby State Bank | $177,223,000 | 40.3% | 4 |
| The Huntington National Bank | $127,789,000 | 29.1% | 2 |
| Fifth Third Bank, National Association | $79,922,000 | 18.2% | 1 |
| West Shore Bank | $43,221,000 | 9.8% | 1 |
| Lake-Osceola State Bank | $11,649,000 | 2.6% | 1 |
Deposit concentration is 2,902 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 = 40.3² + 29.1² + 18.2² + … (2 more) = 2,902
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 | $172,508,143 |
| Department of Agriculture | $27,061,283 |
| Department of Veterans Affairs | $21,233,702 |
| Department of Transportation | $5,477,780 |
| Railroad Retirement Board | $487,786 |
| Department of Housing and Urban Development | $223,555 |
| Federal Communications Commission | $176,287 |
| Department of Education | $36,403 |
| Small Business Administration | $0 |
| Environmental Protection Agency | $0 |
| Department of the Interior | -$38,450 |
That is $3,948 per covered job, against 5,938 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $23.4 m / 5,938 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $3,948
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 | 3.00 | 2026-10-06 | -50.0% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| 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 #
Oceana County, MI: 5 findings, 5 noted
noteOceana County, MI's covered employment was 2.8% 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
- +2.8 % = 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
noteOceana County, MI's average weekly wage 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
noteOceana County, MI's momentum index of 0.64 ranks 280th of 3,221 US counties, against a median of 0.23.
Period 2026-08.Show the arithmetic
- 91 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
noteThe next Zillow ZHVI typical home value (monthly) covering Oceana County, MI is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
noteThe next Unemployment rate (BLS Employment Situation, monthly) covering Oceana County, MI is due between 2026-10-30 and 2026-11-13, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-30 to 2026-11-13, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.