Hidalgo County, NM
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 31.90, -108.75.
Assembled 2026-10-06. Read the brief.
- 4th pct · 2,912th of 3,063 US counties · median $234,566
- 6th pct · 28th of 30 New Mexico counties · median $223,584
- 2nd pct · 2,992nd of 3,063 US counties · median +2.9%
- 3rd pct · 29th of 30 New Mexico counties · median +1.3%
- US counties: not published this period
- New Mexico counties: not published this period
- 9th pct · 2,918th of 3,221 US counties · median 8,232
- 15th pct · 28th of 33 New Mexico counties · median 8,227
- 73rd pct · 862nd of 3,221 US counties · median $1,039
- 81st pct · 7th of 33 New Mexico counties · median $968
- 2nd pct · 2,977th of 3,063 US counties · median 4.3
- 0th pct · 30th of 30 New Mexico counties · median 4.2
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 $112,940 (Aug 2026), -7.8% over one year, n/a over five
- 4th pct · 2,912th of 3,063 US counties · median $234,566
- 6th pct · 28th of 30 New Mexico counties · median $223,584
| Item | Value | Distance |
|---|---|---|
| Hidalgo County, NM | $112,940 · -7.8% 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
- New Mexico 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 $618 a month on $112,940 at 7.28%, against an average weekly wage worth $5,087 a month: 12.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $112,940 × 80% = $90,352, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $618/mo principal and interest
- wage share = payment / (avg weekly wage $1,174 × 52 / 12 = $5,087) = 12% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $112,940 / ($1,174 × 52) = 1.9
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 #
1,317 jobs at 161 employers (2026 Q1); +3.0% jobs and +8.5% average weekly wage over the year
- 9th pct · 2,918th of 3,221 US counties · median 8,232
- 15th pct · 28th of 33 New Mexico counties · median 8,227
| Item | Value | Distance |
|---|---|---|
| Hidalgo County, NM | 1,317 jobs · $1,174/wk · +3.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 215 | $696 | 1.68 | -10.8% |
| Accommodation and food services | 164 | $369 | 1.39 | +0.0% |
| Construction | 71 | $1,505 | 1.03 | +0.0% |
| Transportation and warehousing | 44 | $1,728 | 0.79 | +33.3% |
| Professional and technical services | 39 | $1,130 | 0.43 | +0.0% |
| Wholesale trade | 15 | $1,117 | 0.30 | +0.0% |
| Utilities | 11 | $2,178 | 2.11 | +0.0% |
| Information | 10 | $1,046 | 0.41 | +25.0% |
| Administrative and waste services | 8 | $3,877 | 0.11 | +0.0% |
| Agriculture, forestry, fishing | withheld | |||
| Mining, oil and gas | withheld | |||
| Manufacturing | 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 #
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 #
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 #
1 gauges · 0 flooding · 0 with quality panels
Sites found: 1, 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 |
|---|---|---|
| WEST TURKEY CREEK NEAR SUNIZONA, AZ | flow 9.71 ft³/s | 63 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 #
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 #
$99.0 m in deposits at 2 offices of 1 banks (SOD June 2026); HHI 10,000, highly concentrated. $1.8 bn federal obligations in FY2026 (contracts $1.8 bn, grants $27.6 m), $1.4 m per covered job
| Item | Value | Distance |
|---|---|---|
| Western Bank | $99.0 m · 100.0% share · 2 offices | |
| Hidalgo, NM | $1.8 bn FY2026 · $1.4 m/job | |
| FISHER SAND & GRAVEL CO | $1.8 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Western Bank | $98,958,000 | 100.0% | 2 |
Deposit concentration is 10,000 across 1 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 1 banks with deposits in the county = 100.0² = 10,000
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 |
|---|---|
| Department of Homeland Security | $1,788,810,639 |
| Department of Transportation | $24,107,623 |
| Social Security Administration | $23,474,032 |
| Department of Health and Human Services | $3,471,641 |
| Department of Veterans Affairs | $2,410,303 |
| Department of Defense | $1,646,308 |
| Department of Agriculture | $420,060 |
| Railroad Retirement Board | $404,075 |
| Federal Communications Commission | $20,781 |
| Department of Education | $14,086 |
| Small Business Administration | $0 |
That is $1,400,744 per covered job, against 1,317 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $1.8 bn / 1,317 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $1.4 m
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 | 12.28 | 2026-10-04 | -0.1% |
| 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 | -88,576.00 | 2026-07-01 | -24.4% |
| 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 #
Hidalgo County, NM: 12 findings, 1 at an alert level, 1 at a watch level and 10 noted
alertHidalgo County, NM's typical home value is -7.8% against a year earlier, an alert level here: typical home value at least 5 percent below a year ago (arithmetic on Zillow ZHVI, county and metro files; 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 2026-08.Show the arithmetic
- test: home.yoyPct = -7.802303570883952 <= -5
arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level
watchHidalgo County, NM's typical home value is -7.8% against a year earlier, a watch level here: typical home value below a year ago (arithmetic on Zillow ZHVI, county and metro files; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: home.yoyPct = -7.802303570883952 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
noteHidalgo County, NM's average weekly wage was 8.5% 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
- +8.5 % = 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
noteHidalgo County, NM'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
noteHidalgo County, NM's years of wages of 1.9 ranks 30th of 30 New Mexico counties, against a median of 4.2.
Period 2026-08.Show the arithmetic
- 0 on the 0-to-100 scale across 30 New Mexico counties that published yearsOfWages
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the entities that published this metric this period; not an official level
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.