Sherburne County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 45.45, -93.77.
Assembled 2026-10-06. Read the brief.
- 85th pct · 458th of 3,063 US counties · median $234,566
- 93rd pct · 7th of 87 Minnesota counties · median $276,116
- 57th pct · 7th of 15 counties in the Minneapolis-St. Paul-Bloomington metro · median $388,061
- 44th pct · 1,696th of 3,063 US counties · median +2.9%
- 24th pct · 66th of 87 Minnesota counties · median +4.1%
- 64th pct · 6th of 15 counties in the Minneapolis-St. Paul-Bloomington metro · median +1.8%
- 53rd pct · 647th of 1,399 US counties · median $1,496
- 70th pct · 12th of 38 Minnesota counties · median $1,295
- 38th pct · 9th of 14 counties in the Minneapolis-St. Paul-Bloomington metro · median $1,686
- 76th pct · 753rd of 3,221 US counties · median 8,232
- 84th pct · 14th of 87 Minnesota counties · median 7,739
- 35th pct · 10th of 15 counties in the Minneapolis-St. Paul-Bloomington metro · median 39,512
- 72nd pct · 878th of 3,221 US counties · median $1,039
- 75th pct · 22nd of 87 Minnesota counties · median $1,102
- 42nd pct · 9th of 15 counties in the Minneapolis-St. Paul-Bloomington metro · median $1,216
- 83rd pct · 508th of 3,063 US counties · median 4.3
- 89th pct · 10th of 87 Minnesota counties · median 4.6
- 57th pct · 7th of 15 counties in the Minneapolis-St. Paul-Bloomington metro · median 6.4
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 $392,714 (Aug 2026), +2.5% over one year, +16.5% over five
- 85th pct · 458th of 3,063 US counties · median $234,566
- 93rd pct · 7th of 87 Minnesota counties · median $276,116
- 57th pct · 7th of 15 counties in the Minneapolis-St. Paul-Bloomington metro · median $388,061
| Item | Value | Distance |
|---|---|---|
| Sherburne County, MN | $392,714 · +2.5% 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 #
Typical rent $1,535/mo (Aug 2026), +4.2% over one year; price-to-rent 21.3
- 53rd pct · 647th of 1,399 US counties · median $1,496
- 70th pct · 12th of 38 Minnesota counties · median $1,295
- 38th pct · 9th of 14 counties in the Minneapolis-St. Paul-Bloomington metro · median $1,686
| Item | Value | Distance |
|---|---|---|
| Sherburne County, MN | $1,535/mo · +4.2% 1-yr |
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 $2,150 a month on $392,714 at 7.28%, against an average weekly wage worth $5,070 a month: 42.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $392,714 × 80% = $314,171, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,150/mo principal and interest
- wage share = payment / (avg weekly wage $1,170 × 52 / 12 = $5,070) = 42% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $392,714 / ($1,170 × 52) = 6.5
- price-to-rent = $392,714 / ($1,535 × 12) = 21.3
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 #
28,041 jobs at 2,499 employers (2026 Q1); +1.4% jobs and +4.2% average weekly wage over the year
- 76th pct · 753rd of 3,221 US counties · median 8,232
- 84th pct · 14th of 87 Minnesota counties · median 7,739
- 35th pct · 10th of 15 counties in the Minneapolis-St. Paul-Bloomington metro · median 39,512
| Item | Value | Distance |
|---|---|---|
| Sherburne County, MN | 28,041 jobs · $1,170/wk · +1.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 4,751 | $968 | 1.13 | +7.3% |
| Manufacturing | 3,915 | $1,444 | 1.74 | +0.2% |
| Retail trade | 3,330 | $785 | 1.22 | +1.8% |
| Accommodation and food services | 2,433 | $416 | 0.97 | +0.3% |
| Construction | 2,045 | $1,310 | 1.39 | -0.6% |
| Transportation and warehousing | 1,092 | $1,226 | 0.92 | -1.0% |
| Other services | 944 | $685 | 1.13 | -5.5% |
| Administrative and waste services | 755 | $1,074 | 0.47 | -1.7% |
| Professional and technical services | 648 | $1,618 | 0.34 | +4.2% |
| Finance and insurance | 391 | $2,092 | 0.34 | +9.2% |
| Arts, entertainment and recreation | 341 | $450 | 0.74 | +4.0% |
| Educational services | 257 | $702 | 0.43 | -4.8% |
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 #
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 #
$1.6 bn in deposits at 18 offices of 14 banks (SOD June 2026); HHI 1,839, highly concentrated. $511.8 m federal obligations in FY2026 (direct payments $502.3 m, contracts $10.4 m), $18,253 per covered job
| Item | Value | Distance |
|---|---|---|
| The Bank of Elk River | $566.2 m · 35.3% share · 3 offices | |
| Wells Fargo Bank, National Association | $226.6 m · 14.1% share · 1 office | |
| Sherburne State Bank | $185.6 m · 11.6% share · 2 offices | |
| Sherburne, MN | $511.8 m FY2026 · $18,253/job |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The Bank of Elk River | $566,231,000 | 35.3% | 3 |
| Wells Fargo Bank, National Association | $226,617,000 | 14.1% | 1 |
| Sherburne State Bank | $185,578,000 | 11.6% | 2 |
| First Bank Elk River | $152,927,000 | 9.5% | 2 |
| U.S. Bank National Association | $141,347,000 | 8.8% | 1 |
| The Huntington National Bank | $111,083,000 | 6.9% | 1 |
| Old National Bank | $87,473,000 | 5.4% | 1 |
| Nicolet National Bank | $48,591,000 | 3.0% | 1 |
| National Bank of Commerce | $36,619,000 | 2.3% | 1 |
| Woodlands National Bank | $21,482,000 | 1.3% | 1 |
Deposit concentration is 1,839 across 14 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 14 banks with deposits in the county = 35.3² + 14.1² + 11.6² + … (11 more) = 1,839
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 $18,253 per covered job, against 28,041 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $511.8 m / 28,041 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $18,253
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 #
Sherburne County, MN: 8 findings, 8 noted
noteSherburne County, MN's average weekly wage was 4.2% 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
- +4.2 % = 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
noteSherburne County, MN's covered employment was 1.4% 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
- +1.4 % = 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
noteSherburne County, MN's typical home value rose 0.4% from $390,967 in July 2026 to $392,714 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.4% = (392714.08134525694 - 390967.4181097836) / 390967.4181097836 × 100
- 392714.08134525694 = Zillow ZHVI, 2026-08
- 390967.4181097836 = Zillow ZHVI, 2026-07
noteSherburne County, MN's typical asking rent rose 0.4% from $1,528 in July 2026 to $1,535 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.4% = (1534.827441077441 - 1528.1448541281648) / 1528.1448541281648 × 100
- 1534.827441077441 = Zillow ZORI, 2026-08
- 1528.1448541281648 = Zillow ZORI, 2026-07
noteSherburne County, MN's typical home value of $392,714 ranks 7th of 87 Minnesota counties, against a median of $276,116.
Period 2026-08.Show the arithmetic
- 93 on the 0-to-100 scale across 87 Minnesota counties that published home.latest
position among the entities that published this metric this period; not an official level
Read all 8 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.