Kanabec County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 45.95, -93.30.
Assembled 2026-10-07. Read the brief.
- 62nd pct · 1,134th of 3,063 US counties · median $234,566
- 48th pct · 45th of 87 Minnesota counties · median $276,116
- 79th pct · 620th of 3,063 US counties · median +2.9%
- 74th pct · 23rd of 87 Minnesota counties · median +4.1%
- US counties: not published this period
- Minnesota counties: not published this period
- 33rd pct · 2,129th of 3,221 US counties · median 8,232
- 30th pct · 61st of 87 Minnesota counties · median 7,739
- 62nd pct · 1,193rd of 3,221 US counties · median $1,039
- 50th pct · 44th of 87 Minnesota counties · median $1,102
- 60th pct · 1,201st of 3,063 US counties · median 4.3
- 55th pct · 39th 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 $275,303 (Aug 2026), +6.0% over one year, +23.2% over five
- 62nd pct · 1,134th of 3,063 US counties · median $234,566
- 48th pct · 45th of 87 Minnesota counties · median $276,116
| Item | Value | Distance |
|---|---|---|
| Kanabec County, MN | $275,303 · +6.0% 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 #
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 $1,507 a month on $275,303 at 7.28%, against an average weekly wage worth $4,775 a month: 31.6% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $275,303 × 80% = $220,242, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,507/mo principal and interest
- wage share = payment / (avg weekly wage $1,102 × 52 / 12 = $4,775) = 32% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $275,303 / ($1,102 × 52) = 4.8
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 #
4,427 jobs at 371 employers (2026 Q1); +11.5% jobs and +10.9% average weekly wage over the year
- 33rd pct · 2,129th of 3,221 US counties · median 8,232
- 30th pct · 61st of 87 Minnesota counties · median 7,739
| Item | Value | Distance |
|---|---|---|
| Kanabec County, MN | 4,427 jobs · $1,102/wk · +11.5% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 1,168 | $1,332 | 1.75 | +3.0% |
| Construction | 545 | $1,748 | 2.35 | +175.3% |
| Retail trade | 457 | $580 | 1.06 | -8.4% |
| Manufacturing | 432 | $956 | 1.21 | -5.9% |
| Accommodation and food services | 311 | $312 | 0.78 | +17.8% |
| Other services | 196 | $758 | 1.48 | -4.4% |
| Finance and insurance | 93 | $1,759 | 0.52 | +2.2% |
| Arts, entertainment and recreation | 47 | $409 | 0.64 | -4.1% |
| Professional and technical services | 41 | $881 | 0.13 | +2.5% |
| Wholesale trade | 38 | $1,421 | 0.22 | -19.1% |
| Information | 31 | $827 | 0.38 | -6.1% |
| Real estate and rental | 15 | $541 | 0.22 | +25.0% |
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 #
$354.1 m in deposits at 3 offices of 2 banks (SOD June 2026); HHI 5,183, highly concentrated. $115.7 m federal obligations in FY2026 (direct payments $113.1 m, grants $2.5 m), $26,131 per covered job
| Item | Value | Distance |
|---|---|---|
| First Citizens Bank | $210.9 m · 59.6% share · 1 office | |
| Neighborhood National Bank | $143.2 m · 40.4% share · 2 offices | |
| Kanabec, MN | $115.7 m FY2026 · $26,131/job | |
| MULTIPLE RECIPIENTS | $109.4 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First Citizens Bank | $210,916,000 | 59.6% | 1 |
| Neighborhood National Bank | $143,233,000 | 40.4% | 2 |
Deposit concentration is 5,183 across 2 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 2 banks with deposits in the county = 59.6² + 40.4² = 5,183
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 | $99,026,926 |
| Department of Veterans Affairs | $9,785,658 |
| Department of Housing and Urban Development | $2,146,593 |
| Department of Transportation | $2,142,870 |
| Department of Agriculture | $1,724,033 |
| Railroad Retirement Board | $662,551 |
| Department of Education | $155,430 |
| Federal Communications Commission | $51,111 |
| Small Business Administration | $0 |
| Department of Justice | -$712 |
| Department of Health and Human Services | -$12,308 |
That is $26,131 per covered job, against 4,427 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $115.7 m / 4,427 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $26,131
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 #
Kanabec County, MN: 9 findings, 9 noted
noteKanabec County, MN's covered employment was 11.5% 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
- +11.5 % = 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
noteKanabec County, MN's average weekly wage was 10.9% 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
- +10.9 % = 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
noteKanabec County, MN's typical home value rose 0.3% from $274,613 in July 2026 to $275,303 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.3% = (275302.9971196216 - 274612.79380667023) / 274612.79380667023 × 100
- 275302.9971196216 = Zillow ZHVI, 2026-08
- 274612.79380667023 = Zillow ZHVI, 2026-07
noteKanabec County, MN's covered employment of +11.5% ranks 1st of 87 Minnesota counties, against a median of -0.5%.
Period 2026 Q1.Show the arithmetic
- 100 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
noteKanabec County, MN's covered employment of +11.5% ranks 43rd of 3,221 US counties, against a median of -0.2%.
Period 2026 Q1.Show the arithmetic
- 99 on the 0-to-100 scale across 3221 US counties that published jobs.yoy.emp
position among the entities that published this metric this period; not an official level
Read all 9 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.