Freeborn County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 43.67, -93.35.
Assembled 2026-10-06. Read the brief.
- 37th pct · 1,930th of 3,063 US counties · median $234,566
- 15th pct · 74th of 87 Minnesota counties · median $276,116
- 77th pct · 680th of 3,063 US counties · median +2.9%
- 69th pct · 27th of 87 Minnesota counties · median +4.1%
- 17th pct · 1,154th of 1,399 US counties · median $1,496
- 29th pct · 27th of 38 Minnesota counties · median $1,295
- 58th pct · 1,352nd of 3,221 US counties · median 8,232
- 60th pct · 35th of 87 Minnesota counties · median 7,739
- 54th pct · 1,455th of 3,221 US counties · median $1,039
- 34th pct · 57th of 87 Minnesota counties · median $1,102
- 34th pct · 1,996th of 3,063 US counties · median 4.3
- 20th pct · 69th of 87 Minnesota counties · median 4.6
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 $200,077 (Aug 2026), +5.7% over one year, +28.2% over five
- 37th pct · 1,930th of 3,063 US counties · median $234,566
- 15th pct · 74th of 87 Minnesota counties · median $276,116
| Item | Value | Distance |
|---|---|---|
| Freeborn County, MN | $200,077 · +5.7% 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 $1,136/mo (Aug 2026), n/a over one year; price-to-rent 14.7
- 17th pct · 1,154th of 1,399 US counties · median $1,496
- 29th pct · 27th of 38 Minnesota counties · median $1,295
| Item | Value | Distance |
|---|---|---|
| Freeborn County, MN | $1,136/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 $1,095 a month on $200,077 at 7.28%, against an average weekly wage worth $4,598 a month: 23.8% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $200,077 × 80% = $160,061, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,095/mo principal and interest
- wage share = payment / (avg weekly wage $1,061 × 52 / 12 = $4,598) = 24% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $200,077 / ($1,061 × 52) = 3.6
- price-to-rent = $200,077 / ($1,136 × 12) = 14.7
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 #
11,537 jobs at 823 employers (2026 Q1); +0.4% jobs and +2.5% average weekly wage over the year
- 58th pct · 1,352nd of 3,221 US counties · median 8,232
- 60th pct · 35th of 87 Minnesota counties · median 7,739
| Item | Value | Distance |
|---|---|---|
| Freeborn County, MN | 11,537 jobs · $1,061/wk · +0.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 2,563 | $1,251 | 2.76 | +0.5% |
| Retail trade | 1,807 | $737 | 1.61 | -0.8% |
| Health care and social assistance | 1,614 | $1,261 | 0.93 | +0.4% |
| Accommodation and food services | 979 | $362 | 0.94 | -8.2% |
| Construction | 463 | $1,330 | 0.77 | -0.4% |
| Transportation and warehousing | 455 | $1,096 | 0.94 | -5.6% |
| Other services | 388 | $629 | 1.13 | -1.8% |
| Finance and insurance | 307 | $1,844 | 0.65 | -6.1% |
| Administrative and waste services | 254 | $984 | 0.39 | +0.0% |
| Information | 201 | $1,069 | 0.95 | +95.1% |
| Arts, entertainment and recreation | 86 | $361 | 0.45 | +19.4% |
| Real estate and rental | 66 | $615 | 0.37 | +4.8% |
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 #
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 #
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 #
$778.7 m in deposits at 15 offices of 8 banks (SOD June 2026); HHI 1,571, moderately concentrated. $242.5 m federal obligations in FY2026 (direct payments $234.8 m, grants $5.4 m), $21,019 per covered job
| Item | Value | Distance |
|---|---|---|
| Arcadian Bank | $206.1 m · 26.5% share · 3 offices | |
| Security Bank Minnesota | $125.0 m · 16.1% share · 3 offices | |
| Wells Fargo Bank, National Association | $97.3 m · 12.5% share · 1 office | |
| Freeborn, MN | $242.5 m FY2026 · $21,019/job |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Arcadian Bank | $206,077,000 | 26.5% | 3 |
| Security Bank Minnesota | $125,049,000 | 16.1% | 3 |
| Wells Fargo Bank, National Association | $97,269,000 | 12.5% | 1 |
| Produce State Bank | $94,646,000 | 12.2% | 4 |
| U.S. Bank National Association | $86,630,000 | 11.1% | 1 |
| Alerus Financial, National Association | $74,269,000 | 9.5% | 1 |
| CCFBank National Association | $71,914,000 | 9.2% | 1 |
| Commerce Bank | $22,835,000 | 2.9% | 1 |
Deposit concentration is 1,571 across 8 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 8 banks with deposits in the county = 26.5² + 16.1² + 12.5² + … (5 more) = 1,571
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 #
That is $21,019 per covered job, against 11,537 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $242.5 m / 11,537 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $21,019
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 #
Freeborn County, MN: 5 findings, 5 noted
noteFreeborn County, MN's average weekly wage was 2.5% 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
- +2.5 % = 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
noteFreeborn County, MN's covered employment was 0.4% 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
- +0.4 % = 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
noteFreeborn County, MN's price-to-rent ratio of 14.7 ranks 37th of 38 Minnesota counties, against a median of 19.8.
Period 2026-08.Show the arithmetic
- 3 on the 0-to-100 scale across 38 Minnesota counties that published priceToRent
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the entities that published this metric this period; not an official level
noteThe next Zillow ZHVI typical home value (monthly) covering Freeborn County, MN 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 Zillow ZORI typical rent (monthly) covering Freeborn County, MN 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
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.