Chowan County, NC
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 36.13, -76.60.
Assembled 2026-10-06. Read the brief.
- 50th pct · 1,524th of 3,063 US counties · median $234,566
- 32nd pct · 68th of 100 North Carolina counties · median $273,108
- 73rd pct · 810th of 3,063 US counties · median +2.9%
- 87th pct · 13th of 100 North Carolina counties · median +1.1%
- US counties: not published this period
- North Carolina counties: not published this period
- 38th pct · 1,992nd of 3,221 US counties · median 8,232
- 18th pct · 82nd of 100 North Carolina counties · median 16,739
- 24th pct · 2,427th of 3,221 US counties · median $1,039
- 21st pct · 79th of 100 North Carolina counties · median $984
- 62nd pct · 1,148th of 3,063 US counties · median 4.3
- 47th pct · 53rd of 100 North Carolina counties · median 5.0
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 $235,180 (Aug 2026), +5.1% over one year, +28.2% over five
- 50th pct · 1,524th of 3,063 US counties · median $234,566
- 32nd pct · 68th of 100 North Carolina counties · median $273,108
| Item | Value | Distance |
|---|---|---|
| Chowan County, NC | $235,180 · +5.1% 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
- North Carolina 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 $1,287 a month on $235,180 at 7.28%, against an average weekly wage worth $4,017 a month: 32.0% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $235,180 × 80% = $188,144, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,287/mo principal and interest
- wage share = payment / (avg weekly wage $927 × 52 / 12 = $4,017) = 32% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $235,180 / ($927 × 52) = 4.9
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 #
5,172 jobs at 446 employers (2026 Q1); +3.4% jobs and +2.9% average weekly wage over the year
- 38th pct · 1,992nd of 3,221 US counties · median 8,232
- 18th pct · 82nd of 100 North Carolina counties · median 16,739
| Item | Value | Distance |
|---|---|---|
| Chowan County, NC | 5,172 jobs · $927/wk · +3.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 675 | $826 | 1.34 | +6.6% |
| Manufacturing | 597 | $1,212 | 1.43 | +0.3% |
| Wholesale trade | 485 | $876 | 2.45 | +6.1% |
| Accommodation and food services | 430 | $404 | 0.93 | +5.1% |
| Other services | 191 | $674 | 1.24 | +6.7% |
| Transportation and warehousing | 167 | $1,330 | 0.77 | -3.5% |
| Professional and technical services | 167 | $1,337 | 0.47 | +1.2% |
| Construction | 161 | $1,082 | 0.59 | +1.3% |
| Agriculture, forestry, fishing | 141 | $799 | 3.77 | -4.1% |
| Finance and insurance | 97 | $1,446 | 0.46 | -19.2% |
| Information | 34 | $878 | 0.36 | +9.7% |
| Real estate and rental | 25 | $804 | 0.32 | +19.0% |
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 #
D0 abnormally dry
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 #
$376.7 m in deposits at 4 offices of 4 banks (SOD June 2026); HHI 2,614, highly concentrated. $144.0 m federal obligations in FY2026 (direct payments $124.5 m, grants $17.3 m), $27,838 per covered job
| Item | Value | Distance |
|---|---|---|
| Truist Bank | $116.2 m · 30.8% share · 1 office | |
| Atlantic Union Bank | $103.3 m · 27.4% share · 1 office | |
| Southern Bank and Trust Company | $95.4 m · 25.3% share · 1 office | |
| Chowan, NC | $144.0 m FY2026 · $27,838/job | |
| MULTIPLE RECIPIENTS | $111.8 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Truist Bank | $116,178,000 | 30.8% | 1 |
| Atlantic Union Bank | $103,331,000 | 27.4% | 1 |
| Southern Bank and Trust Company | $95,409,000 | 25.3% | 1 |
| PNC Bank, National Association | $61,784,000 | 16.4% | 1 |
Deposit concentration is 2,614 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 = 30.8² + 27.4² + 25.3² + … (1 more) = 2,614
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 | $97,408,659 |
| Department of Health and Human Services | $15,179,462 |
| Department of Veterans Affairs | $13,766,471 |
| Department of Housing and Urban Development | $8,406,113 |
| Department of Agriculture | $4,984,653 |
| Department of the Interior | $1,732,290 |
| Department of Transportation | $924,134 |
| Department of Justice | $648,603 |
| Railroad Retirement Board | $579,878 |
| Department of Homeland Security | $206,481 |
| Federal Communications Commission | $126,749 |
| Department of Defense | $15,080 |
That is $27,838 per covered job, against 5,172 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $144.0 m / 5,172 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $27,838
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 #
Chowan County, NC: 5 findings, 5 noted
noteChowan County, NC's covered employment was 3.4% 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
- +3.4 % = 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
noteChowan County, NC's average weekly wage was 2.9% 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
- +2.9 % = 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
noteChowan County, NC's momentum index of 0.68 ranks 4th of 100 North Carolina counties, against a median of 0.25.
Period 2026-08.Show the arithmetic
- 97 on the 0-to-100 scale across 100 North Carolina 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
noteChowan County, NC's momentum index of 0.68 ranks 228th of 3,221 US counties, against a median of 0.23.
Period 2026-08.Show the arithmetic
- 93 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
noteThe next Zillow ZHVI typical home value (monthly) covering Chowan County, NC is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.