Hubbard County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 47.10, -94.91.
Assembled 2026-10-06. Read the brief.
- 74th pct · 793rd of 3,063 US counties · median $234,566
- 72nd pct · 25th of 87 Minnesota counties · median $276,116
- 42nd pct · 1,757th of 3,063 US counties · median +2.9%
- 18th pct · 71st of 87 Minnesota counties · median +4.1%
- US counties: not published this period
- Minnesota counties: not published this period
- 41st pct · 1,900th of 3,221 US counties · median 8,232
- 41st pct · 51st of 87 Minnesota counties · median 7,739
- 35th pct · 2,080th of 3,221 US counties · median $1,039
- 16th pct · 73rd of 87 Minnesota counties · median $1,102
- 82nd pct · 535th of 3,063 US counties · median 4.3
- 87th pct · 12th 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 $321,509 (Aug 2026), +2.3% over one year, +25.2% over five
- 74th pct · 793rd of 3,063 US counties · median $234,566
- 72nd pct · 25th of 87 Minnesota counties · median $276,116
| Item | Value | Distance |
|---|---|---|
| Hubbard County, MN | $321,509 · +2.3% 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 #
Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)
- US counties: not published this period
- Minnesota 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 $1,760 a month on $321,509 at 7.28%, against an average weekly wage worth $4,216 a month: 41.7% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $321,509 × 80% = $257,207, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,760/mo principal and interest
- wage share = payment / (avg weekly wage $973 × 52 / 12 = $4,216) = 42% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $321,509 / ($973 × 52) = 6.4
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 #
5,747 jobs at 669 employers (2026 Q1); +0.4% jobs and +5.1% average weekly wage over the year
- 41st pct · 1,900th of 3,221 US counties · median 8,232
- 41st pct · 51st of 87 Minnesota counties · median 7,739
| Item | Value | Distance |
|---|---|---|
| Hubbard County, MN | 5,747 jobs · $973/wk · +0.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 939 | $598 | 1.68 | -3.3% |
| Manufacturing | 759 | $1,388 | 1.64 | +0.5% |
| Health care and social assistance | 758 | $1,136 | 0.88 | +0.3% |
| Accommodation and food services | 569 | $382 | 1.10 | +4.6% |
| Construction | 383 | $1,027 | 1.27 | -10.9% |
| Transportation and warehousing | 209 | $1,223 | 0.86 | +18.8% |
| Other services | 175 | $694 | 1.02 | +7.4% |
| Professional and technical services | 123 | $1,072 | 0.31 | +16.0% |
| Finance and insurance | 115 | $1,243 | 0.49 | +3.6% |
| Utilities | 47 | $1,915 | 2.07 | -2.1% |
| Arts, entertainment and recreation | 47 | $454 | 0.50 | +4.4% |
| Wholesale trade | 31 | $1,178 | 0.14 | -3.1% |
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 #
D2 severe drought
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 #
high (0.50)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 / 0.35
Banks & federal dollars #
$556.7 m in deposits at 6 offices of 4 banks (SOD June 2026); HHI 4,485, highly concentrated. $183.5 m federal obligations in FY2026 (direct payments $171.5 m, contracts $8.5 m), $31,935 per covered job
| Item | Value | Distance |
|---|---|---|
| The Citizens National Bank of Park Rapids | $348.1 m · 62.5% share · 1 office | |
| Northwoods Bank of Minnesota | $104.6 m · 18.8% share · 3 offices | |
| Northview Bank | $79.2 m · 14.2% share · 1 office | |
| Hubbard, MN | $183.5 m FY2026 · $31,935/job | |
| MULTIPLE RECIPIENTS | $167.3 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The Citizens National Bank of Park Rapids | $348,056,000 | 62.5% | 1 |
| Northwoods Bank of Minnesota | $104,574,000 | 18.8% | 3 |
| Northview Bank | $79,234,000 | 14.2% | 1 |
| First National Bank North | $24,800,000 | 4.5% | 1 |
Deposit concentration is 4,485 across 4 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 4 banks with deposits in the county = 62.5² + 18.8² + 14.2² + … (1 more) = 4,485
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 | $147,157,468 |
| Department of Veterans Affairs | $19,459,109 |
| Department of the Interior | $10,568,023 |
| Department of Transportation | $1,955,789 |
| Department of Health and Human Services | $987,428 |
| Department of Agriculture | $916,815 |
| Environmental Protection Agency | $825,580 |
| Department of Housing and Urban Development | $673,354 |
| Railroad Retirement Board | $624,687 |
| Department of Defense | $216,750 |
| Department of Education | $142,346 |
| Small Business Administration | $10,125 |
That is $31,935 per covered job, against 5,747 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $183.5 m / 5,747 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $31,935
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 #
Hubbard County, MN: 3 findings, 3 noted
noteHubbard County, MN's average weekly wage was 5.1% 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
- +5.1 % = 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
noteHubbard 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
noteThe next Zillow ZHVI typical home value (monthly) covering Hubbard 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.