Martin County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 43.68, -94.55.
Assembled 2026-10-06. Read the brief.
- 43rd pct · 1,717th of 3,063 US counties · median $234,566
- 26th pct · 64th of 87 Minnesota counties · median $276,116
- 66th pct · 1,033rd of 3,063 US counties · median +2.9%
- 53rd pct · 41st of 87 Minnesota counties · median +4.1%
- US counties: not published this period
- Minnesota counties: not published this period
- 50th pct · 1,593rd of 3,221 US counties · median 8,232
- 52nd pct · 42nd of 87 Minnesota counties · median 7,739
- 57th pct · 1,383rd of 3,221 US counties · median $1,039
- 37th pct · 55th of 87 Minnesota counties · median $1,102
- 42nd pct · 1,751st of 3,063 US counties · median 4.3
- 33rd pct · 58th 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 $219,389 (Aug 2026), +4.4% over one year, +32.9% over five
- 43rd pct · 1,717th of 3,063 US counties · median $234,566
- 26th pct · 64th of 87 Minnesota counties · median $276,116
| Item | Value | Distance |
|---|---|---|
| Martin County, MN | $219,389 · +4.4% 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
- 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 $1,201 a month on $219,389 at 7.28%, against an average weekly wage worth $4,645 a month: 25.9% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $219,389 × 80% = $175,511, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,201/mo principal and interest
- wage share = payment / (avg weekly wage $1,072 × 52 / 12 = $4,645) = 26% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $219,389 / ($1,072 × 52) = 3.9
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 #
8,367 jobs at 711 employers (2026 Q1); +3.0% jobs and +6.3% average weekly wage over the year
- 50th pct · 1,593rd of 3,221 US counties · median 8,232
- 52nd pct · 42nd of 87 Minnesota counties · median 7,739
| Item | Value | Distance |
|---|---|---|
| Martin County, MN | 8,367 jobs · $1,072/wk · +3.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 1,494 | $965 | 1.19 | +3.0% |
| Retail trade | 1,109 | $634 | 1.36 | +4.5% |
| Manufacturing | 834 | $1,414 | 1.24 | -9.4% |
| Wholesale trade | 818 | $1,791 | 2.55 | +9.8% |
| Accommodation and food services | 817 | $339 | 1.09 | +9.7% |
| Finance and insurance | 413 | $2,117 | 1.21 | -4.6% |
| Agriculture, forestry, fishing | 401 | $901 | 6.64 | -0.7% |
| Construction | 297 | $1,439 | 0.68 | +21.7% |
| Other services | 241 | $520 | 0.96 | +5.2% |
| Transportation and warehousing | 235 | $1,123 | 0.67 | +17.5% |
| Professional and technical services | 167 | $1,363 | 0.29 | +8.4% |
| Administrative and waste services | 105 | $807 | 0.22 | +20.7% |
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 #
$1.0 bn in deposits at 15 offices of 12 banks (SOD June 2026); HHI 1,669, moderately concentrated. $164.4 m federal obligations in FY2026 (direct payments $161.5 m, grants $2.9 m), $19,650 per covered job
| Item | Value | Distance |
|---|---|---|
| Profinium, Inc. | $316.5 m · 30.5% share · 2 offices | |
| Bank Midwest | $203.5 m · 19.6% share · 2 offices | |
| State Bank of Fairmont | $139.1 m · 13.4% share · 1 office | |
| Martin, MN | $164.4 m FY2026 · $19,650/job | |
| MULTIPLE RECIPIENTS | $133.6 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Profinium, Inc. | $316,474,000 | 30.5% | 2 |
| Bank Midwest | $203,535,000 | 19.6% | 2 |
| State Bank of Fairmont | $139,051,000 | 13.4% | 1 |
| First Farmers & Merchants National Bank | $70,726,000 | 6.8% | 1 |
| U.S. Bank National Association | $63,493,000 | 6.1% | 1 |
| Farmers State Bank of Trimont | $60,734,000 | 5.9% | 2 |
| Farmers and Merchants State Bank of Alpha | $41,169,000 | 4.0% | 1 |
| Welcome State Bank | $38,054,000 | 3.7% | 1 |
| Triumph State Bank | $35,974,000 | 3.5% | 1 |
| CCFBank National Association | $31,519,000 | 3.0% | 1 |
Deposit concentration is 1,669 across 12 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 12 banks with deposits in the county = 30.5² + 19.6² + 13.4² + … (9 more) = 1,669
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 | $122,770,627 |
| Department of Agriculture | $27,297,804 |
| Department of Veterans Affairs | $10,681,705 |
| Department of Transportation | $2,373,892 |
| Department of Housing and Urban Development | $861,466 |
| Federal Communications Commission | $195,606 |
| Railroad Retirement Board | $126,584 |
| Department of Health and Human Services | $60,000 |
| Department of Education | $52,477 |
| Small Business Administration | $0 |
| Department of Homeland Security | -$4,875 |
That is $19,650 per covered job, against 8,367 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $164.4 m / 8,367 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $19,650
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 #
Martin County, MN: 7 findings, 7 noted
noteMartin County, MN's average weekly wage was 6.3% 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
- +6.3 % = 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
noteMartin County, MN's covered employment was 3.0% 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
- +3 % = 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
noteMartin County, MN's typical home value fell 0.5% from $220,562 in July 2026 to $219,389 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- -0.5% = (219388.8623467876 - 220562.30741468642) / 220562.30741468642 × 100
- 219388.8623467876 = Zillow ZHVI, 2026-08
- 220562.30741468642 = Zillow ZHVI, 2026-07
noteMartin County, MN's momentum index of 0.80 ranks 87th of 3,221 US counties, against a median of 0.23.
Period 2026-08.Show the arithmetic
- 97 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
noteMartin County, MN's momentum index of 0.80 ranks 4th of 87 Minnesota counties, against a median of 0.30.
Period 2026-08.Show the arithmetic
- 97 on the 0-to-100 scale across 87 Minnesota 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
Read all 7 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.