Itasca County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 47.49, -93.61.
Assembled 2026-10-06. Read the brief.
- 55th pct · 1,355th of 3,063 US counties · median $234,566
- 37th pct · 55th of 87 Minnesota counties · median $276,116
- 23rd pct · 2,342nd of 3,063 US counties · median +2.9%
- 2nd pct · 85th of 87 Minnesota counties · median +4.1%
- US counties: not published this period
- Minnesota counties: not published this period
- 66th pct · 1,080th of 3,221 US counties · median 8,232
- 70th pct · 26th of 87 Minnesota counties · median 7,739
- 65th pct · 1,118th of 3,221 US counties · median $1,039
- 59th pct · 35th of 87 Minnesota counties · median $1,102
- 50th pct · 1,513th of 3,063 US counties · median 4.3
- 40th pct · 52nd 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 $250,527 (Aug 2026), +0.3% over one year, +20.2% over five
- 55th pct · 1,355th of 3,063 US counties · median $234,566
- 37th pct · 55th of 87 Minnesota counties · median $276,116
| Item | Value | Distance |
|---|---|---|
| Itasca County, MN | $250,527 · +0.3% 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 $1,371 a month on $250,527 at 7.28%, against an average weekly wage worth $4,836 a month: 28.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $250,527 × 80% = $200,422, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,371/mo principal and interest
- wage share = payment / (avg weekly wage $1,116 × 52 / 12 = $4,836) = 28% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $250,527 / ($1,116 × 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 #
16,065 jobs at 1,334 employers (2026 Q1); +1.8% jobs and +4.7% average weekly wage over the year
- 66th pct · 1,080th of 3,221 US counties · median 8,232
- 70th pct · 26th of 87 Minnesota counties · median 7,739
| Item | Value | Distance |
|---|---|---|
| Itasca County, MN | 16,065 jobs · $1,116/wk · +1.8% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 3,872 | $1,015 | 1.60 | +5.2% |
| Retail trade | 2,359 | $692 | 1.51 | +2.9% |
| Construction | 1,208 | $1,564 | 1.43 | +36.0% |
| Accommodation and food services | 1,106 | $418 | 0.77 | -9.3% |
| Manufacturing | 816 | $1,311 | 0.63 | -7.6% |
| Other services | 558 | $645 | 1.16 | -10.9% |
| Administrative and waste services | 529 | $874 | 0.58 | +7.7% |
| Finance and insurance | 405 | $1,499 | 0.62 | -1.2% |
| Utilities | 334 | $3,218 | 5.26 | +5.7% |
| Wholesale trade | 255 | $1,847 | 0.41 | +17.0% |
| Transportation and warehousing | 248 | $1,118 | 0.37 | +9.7% |
| Arts, entertainment and recreation | 142 | $421 | 0.54 | +11.8% |
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 #
D1 moderate 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 #
moderate (0.25)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.25 / 0.35
Banks & federal dollars #
$1.0 bn in deposits at 16 offices of 9 banks (SOD June 2026); HHI 1,432, moderately concentrated. $392.4 m federal obligations in FY2026 (direct payments $374.3 m, grants $15.9 m), $24,426 per covered job
| Item | Value | Distance |
|---|---|---|
| Grand Rapids State Bank | $234.1 m · 23.0% share · 2 offices | |
| Park State Bank | $180.8 m · 17.7% share · 3 offices | |
| Woodland Bank | $135.8 m · 13.3% share · 3 offices | |
| Itasca, MN | $392.4 m FY2026 · $24,426/job |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Grand Rapids State Bank | $234,060,000 | 23.0% | 2 |
| Park State Bank | $180,817,000 | 17.7% | 3 |
| Woodland Bank | $135,772,000 | 13.3% | 3 |
| Wells Fargo Bank, National Association | $134,209,000 | 13.2% | 1 |
| The First National Bank of Coleraine | $105,149,000 | 10.3% | 2 |
| First State Bank of Bigfork | $71,910,000 | 7.1% | 1 |
| Deerwood Bank | $62,881,000 | 6.2% | 1 |
| U.S. Bank National Association | $55,057,000 | 5.4% | 1 |
| Northview Bank | $39,142,000 | 3.8% | 2 |
Deposit concentration is 1,432 across 9 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 9 banks with deposits in the county = 23.0² + 17.7² + 13.3² + … (6 more) = 1,432
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 $24,426 per covered job, against 16,065 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $392.4 m / 16,065 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $24,426
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 #
Itasca County, MN: 5 findings, 5 noted
noteItasca County, MN's average weekly wage was 4.7% 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
- +4.7 % = 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
noteItasca County, MN's covered employment was 1.8% 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
- +1.8 % = 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
noteItasca County, MN's typical home value of +0.3% ranks 85th of 87 Minnesota counties, against a median of +4.1%.
Period 2026-08.Show the arithmetic
- 2 on the 0-to-100 scale across 87 Minnesota counties that published home.yoyPct
position among the entities that published this metric this period; not an official level
noteItasca County, MN's covered employment of +1.8% ranks 7th of 87 Minnesota counties, against a median of -0.5%.
Period 2026 Q1.Show the arithmetic
- 92 on the 0-to-100 scale across 87 Minnesota counties that published jobs.yoy.emp
position among the entities that published this metric this period; not an official level
noteThe next Zillow ZHVI typical home value (monthly) covering Itasca 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.