Red Lake County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 47.87, -96.09.
Assembled 2026-10-07. Read the brief.
- 38th pct · 1,879th of 3,063 US counties · median $234,566
- 19th pct · 70th of 87 Minnesota counties · median $276,116
- 95th pct · 145th of 3,063 US counties · median +2.9%
- 97th pct · 3rd of 87 Minnesota counties · median +4.1%
- US counties: not published this period
- Minnesota counties: not published this period
- 5th pct · 3,034th of 3,221 US counties · median 8,232
- 0th pct · 87th of 87 Minnesota counties · median 7,739
- 20th pct · 2,556th of 3,221 US counties · median $1,039
- 4th pct · 83rd of 87 Minnesota counties · median $1,102
- 51st pct · 1,490th of 3,063 US counties · median 4.3
- 41st pct · 51st 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 $204,802 (Aug 2026), +9.6% over one year, +8.8% over five
- 38th pct · 1,879th of 3,063 US counties · median $234,566
- 19th pct · 70th of 87 Minnesota counties · median $276,116
| Item | Value | Distance |
|---|---|---|
| Red Lake County, MN | $204,802 · +9.6% 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 $1,121 a month on $204,802 at 7.28%, against an average weekly wage worth $3,930 a month: 28.5% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $204,802 × 80% = $163,842, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,121/mo principal and interest
- wage share = payment / (avg weekly wage $907 × 52 / 12 = $3,930) = 29% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $204,802 / ($907 × 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 #
901 jobs at 126 employers (2026 Q1); -5.0% jobs and +7.1% average weekly wage over the year
- 5th pct · 3,034th of 3,221 US counties · median 8,232
- 0th pct · 87th of 87 Minnesota counties · median 7,739
| Item | Value | Distance |
|---|---|---|
| Red Lake County, MN | 901 jobs · $907/wk · -5.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 109 | $670 | 1.24 | -1.8% |
| Transportation and warehousing | 63 | $1,297 | 1.66 | -17.1% |
| Agriculture, forestry, fishing | 33 | $1,052 | 5.07 | +0.0% |
| Professional and technical services | 15 | $842 | 0.24 | +0.0% |
| Utilities | withheld | |||
| Construction | withheld | |||
| Manufacturing | withheld | |||
| Wholesale trade | withheld | |||
| Finance and insurance | withheld | |||
| Real estate and rental | withheld | |||
| Administrative and waste services | withheld | |||
| Educational services | withheld |
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 #
No reservoir gauges within 150 km (or the camera is above the gauge altitude)
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 #
30 gauges · 0 flooding · 8 with quality panels averaging 99 % · 14 stale
Sites found: 30, 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.
| Site | Reading | Distance |
|---|---|---|
| USGS-05078000 | flow 214.0 ft³/s | 7 km |
| USGS-05078500 | flow 357.0 ft³/s | 14 km |
| USGS-05078520 | flow 0.00 ft³/s · STALE | 16 km |
| USGS-05078470 | flow 0.03 ft³/s · STALE | 17 km |
| USGS-05078230 | stage 5.14 ft | 17 km |
| USGS-474310096121801 | temp 10.1 °C · quality 100 % (1) · STALE | 19 km |
| USGS-05078770 | flow 0.20 ft³/s · STALE | 20 km |
| USGS-474125096120602 | temp 8.40 °C · quality 100 % (1) · STALE | 21 km |
| USGS-474346096185501 | temp 7.90 °C · quality 100 % (1) · STALE | 23 km |
| USGS-474126096165301 | temp 10.4 °C · quality 100 % (1) | 24 km |
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 #
3 wells in 0 named aquifers:
Sites found: 3, 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.
| Site | Reading | Distance |
|---|---|---|
| USGS-474126096165301 | depth 5.95 ft · 2026-10-05 | 24 km |
| USGS-473841096153101 | depth 2.27 ft · 2018-10-23 | 28 km |
| USGS-475538097042101 | depth 8.86 ft · 1975-05-29 | 74 km |
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 + 0.2×0.01 / 0.55
Banks & federal dollars #
$193.8 m in deposits at 4 offices of 4 banks (SOD June 2026); HHI 2,893, highly concentrated. $26.2 m federal obligations in FY2026 (direct payments $24.2 m, grants $1.9 m), $29,049 per covered job
| Item | Value | Distance |
|---|---|---|
| Dakota Heritage Bank | $79.0 m · 40.7% share · 1 office | |
| Unity Bank | $47.5 m · 24.5% share · 1 office | |
| Security State Bank of Oklee | $40.9 m · 21.1% share · 1 office | |
| Red Lake, MN | $26.2 m FY2026 · $29,049/job | |
| MULTIPLE RECIPIENTS | $23.3 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Dakota Heritage Bank | $78,960,000 | 40.7% | 1 |
| Unity Bank | $47,539,000 | 24.5% | 1 |
| Security State Bank of Oklee | $40,917,000 | 21.1% | 1 |
| Ultima Bank Minnesota | $26,362,000 | 13.6% | 1 |
Deposit concentration is 2,893 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 = 40.7² + 24.5² + 21.1² + … (1 more) = 2,893
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 | $20,200,387 |
| Department of Veterans Affairs | $2,924,029 |
| Department of Health and Human Services | $1,412,494 |
| Department of Agriculture | $892,601 |
| Department of Transportation | $344,413 |
| Department of Housing and Urban Development | $178,518 |
| Railroad Retirement Board | $135,648 |
| Department of Education | $84,940 |
| Small Business Administration | $0 |
That is $29,049 per covered job, against 901 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $26.2 m / 901 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $29,049
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 #
Red Lake County, MN: 14 findings, 1 at an alert level, 1 at a watch level and 12 noted
alertRed Lake County, MN's covered employment is -5.0% against a year earlier, an alert level here: covered employment at least 3 percent below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -5 <= -3
BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level
watchRed Lake County, MN's covered employment is -5.0% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -5 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteRed Lake County, MN's average weekly wage was 7.1% 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
- +7.1 % = 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
noteRed Lake County, MN's covered employment was 5.0% lower 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 % = 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
noteRed Lake County, MN's typical home value fell 0.7% from $206,311 in July 2026 to $204,802 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- -0.7% = (204802.46095593707 - 206311.02973994348) / 206311.02973994348 × 100
- 204802.46095593707 = Zillow ZHVI, 2026-08
- 206311.02973994348 = Zillow ZHVI, 2026-07
Read all 12 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.