FIPS 31043, NE

Home values #

Typical home $245,255 (Aug 2026), +5.8% over one year, +34.3% over five

• 54th pct · 1,408th of 3,063 US counties · median $234,566

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

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 $1,342 a month on $245,255 at 7.28%, against an average weekly wage worth $5,191 a month: 25.9% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $245,255 × 80% = $196,204, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,342/mo principal and interest
• wage share = payment / (avg weekly wage $1,198 × 52 / 12 = $5,191) = 26% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $245,255 / ($1,198 × 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 #

14,598 jobs at 509 employers (2026 Q1); +5.6% jobs and +7.2% average weekly wage over the year

• 63rd pct · 1,162nd of 3,221 US counties · median 8,232

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.

Water #

Banks & federal dollars #

$328.8 m in deposits at 7 offices of 6 banks (SOD June 2026); HHI 2,412, highly concentrated. $123.5 m federal obligations in FY2026 (direct payments $102.3 m, grants $21.3 m), $8,463 per covered job

Deposit concentration is 2,412 across 6 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.

HHI = Σ (share %)² over 6 banks with deposits in the county = 33.0² + 25.6² + 23.2² + … (3 more) = 2,412

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.

That is $8,463 per covered job, against 14,598 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $123.5 m / 14,598 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $8,463

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.

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 #

FIPS 31043, NE: 6 findings, 6 noted

1. noteFIPS 31043, NE's average weekly wage was 7.2% 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

   • +7.2 % = 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

2. noteFIPS 31043, NE's covered employment was 5.6% 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

   • +5.6 % = 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

3. noteFIPS 31043, NE's momentum index of 0.85 ranks 56th of 3,221 US counties, against a median of 0.23.

   Period 2026-08.
   Show the arithmetic

   • 98 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

4. noteFIPS 31043, NE's covered employment of +5.6% ranks 164th of 3,221 US counties, against a median of -0.2%.

   Period 2026 Q1.
   Show the arithmetic

   • 95 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

5. noteThe next Unemployment rate (BLS Employment Situation, monthly) covering FIPS 31043, NE is due between 2026-09-25 and 2026-10-09, estimated from the publisher's past release pattern.

   Show the arithmetic

   • window = 2026-09-25 to 2026-10-09, estimated from the publisher's past release pattern

   estimated from the publisher's past release pattern; not an announced date

Read all 6 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.