Pasquotank County, NC
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 36.27, -76.26.
Assembled 2026-10-07. Read the brief.
- 61st pct · 1,187th of 3,063 US counties · median $234,566
- 46th pct · 54th of 100 North Carolina counties · median $273,108
- 30th pct · 2,121st of 3,063 US counties · median +2.9%
- 50th pct · 50th of 100 North Carolina counties · median +1.1%
- 41st pct · 813th of 1,399 US counties · median $1,496
- 33rd pct · 42nd of 63 North Carolina counties · median $1,573
- 64th pct · 1,144th of 3,221 US counties · median 8,232
- 44th pct · 56th of 100 North Carolina counties · median 16,739
- 38th pct · 1,983rd of 3,221 US counties · median $1,039
- 50th pct · 50th of 100 North Carolina counties · median $984
- 67th pct · 984th of 3,063 US counties · median 4.3
- 52nd pct · 48th 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 $267,828 (Aug 2026), +1.2% over one year, +33.6% over five
- 61st pct · 1,187th of 3,063 US counties · median $234,566
- 46th pct · 54th of 100 North Carolina counties · median $273,108
| Item | Value | Distance |
|---|---|---|
| Pasquotank County, NC | $267,828 · +1.2% 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 $1,402/mo (Aug 2026), +0.3% over one year; price-to-rent 15.9
- 41st pct · 813th of 1,399 US counties · median $1,496
- 33rd pct · 42nd of 63 North Carolina counties · median $1,573
| Item | Value | Distance |
|---|---|---|
| Pasquotank County, NC | $1,402/mo · +0.3% 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 $1,466 a month on $267,828 at 7.28%, against an average weekly wage worth $4,277 a month: 34.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $267,828 × 80% = $214,263, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,466/mo principal and interest
- wage share = payment / (avg weekly wage $987 × 52 / 12 = $4,277) = 34% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $267,828 / ($987 × 52) = 5.2
- price-to-rent = $267,828 / ($1,402 × 12) = 15.9
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 #
14,915 jobs at 1,167 employers (2026 Q1); -6.6% jobs and +1.5% average weekly wage over the year
- 64th pct · 1,144th of 3,221 US counties · median 8,232
- 44th pct · 56th of 100 North Carolina counties · median 16,739
| Item | Value | Distance |
|---|---|---|
| Pasquotank County, NC | 14,915 jobs · $987/wk · -6.6% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 2,885 | $1,212 | 1.29 | +3.0% |
| Retail trade | 2,552 | $698 | 1.76 | +1.1% |
| Accommodation and food services | 1,815 | $405 | 1.35 | -2.9% |
| Manufacturing | 662 | $1,034 | 0.55 | -14.5% |
| Professional and technical services | 611 | $1,292 | 0.59 | -3.6% |
| Transportation and warehousing | 512 | $1,557 | 0.81 | -3.2% |
| Other services | 431 | $757 | 0.97 | -1.8% |
| Wholesale trade | 321 | $1,071 | 0.56 | -2.1% |
| Real estate and rental | 295 | $891 | 1.29 | -4.5% |
| Finance and insurance | 281 | $1,522 | 0.46 | +4.1% |
| Educational services | 198 | $724 | 0.62 | -34.0% |
| Arts, entertainment and recreation | 100 | $225 | 0.41 | -18.0% |
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 #
2 USGS reservoir gauges, no capacity figures to weight
Sites found: 2, 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.
| Site | Reading | Distance |
|---|---|---|
| LAKE MATTAMUSKEET W OF NC HWY 94 NR FAIRFIELD, NC | 1.91 ft (USGS, no capacity on file) | 84 km |
| LAKE MATTAMUSKEET E OF NC HWY 94 NR FAIRFIELD, NC | 1.82 ft (USGS, no capacity on file) | 85 km |
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 #
35 gauges · 0 flooding · 10 with quality panels averaging 95 % · 17 stale
Sites found: 35, 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 |
|---|---|---|
| ROANOKE RIVER AT NC 45 NR WESTOVER, NC | stage 1.95 ft · quality 50 % (4) | 57 km |
| PASQUOTANK RIVER NEAR SOUTH MILLS, NC | flow -4.60 ft³/s | 19 km |
| INTRACOASTAL WATERWAY AT COINJOCK, NC CU2 | flow -552.0 ft³/s · STALE | 29 km |
| TULL CREEK AT SR 1222 NEAR CURRITUCK, NC | flow 76.0 ft³/s · STALE | 30 km |
| USGS-363342076261100 | stage 7.42 ft · STALE | 37 km |
| CURRITUCK SOUND ON EAST BANK AT COROLLA, NC | stage 0.43 ft | 40 km |
| NORTH LANDING RIVER NEAR CREEDS, VA | flow -29.0 ft³/s · STALE | 43 km |
| CONVEYANCE CHAN AT RAMSGATE LN NR GREAT BRIDGE, VA | flow 0.01 ft³/s · quality 100 % (3) | 48 km |
| USGS-364145076245400 | stage 16.9 ft · STALE | 50 km |
| CYPRESS SWAMP AT CYPRESS CHAPEL, VA | flow 9.20 ft³/s · STALE | 50 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 #
119 wells in 1 named aquifer: Surficial aquifer system
Sites found: 119, 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-361829076163201 | depth 5.75 ft · 2026-10-06 | 5 km |
| USGS-362954076284701 | depth 1.73 ft · 2017-10-18 | 33 km |
| USGS-363018076295301 | depth 1.46 ft · 2017-10-18 | 34 km |
| USGS-363253076255504 | depth 1.94 ft · 2017-10-17 | 35 km |
| USGS-363251076261201 | depth 0.29 ft · 2011-01-19 | 35 km |
| USGS-363251076261203 | depth 0.19 ft · 2011-01-19 | 35 km |
| USGS-363253076261203 | depth 0.40 ft · 2011-01-19 | 35 km |
| USGS-363253076261201 | depth 0.74 ft · 2011-01-19 | 35 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 (0.02)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.05 / 0.55
Banks & federal dollars #
$892.2 m in deposits at 10 offices of 9 banks (SOD June 2026); HHI 1,612, moderately concentrated. $572.4 m federal obligations in FY2026 (direct payments $298.9 m, contracts $254.7 m), $38,377 per covered job
| Item | Value | Distance |
|---|---|---|
| Wells Fargo Bank, National Association | $230.1 m · 25.8% share · 2 offices | |
| Truist Bank | $153.4 m · 17.2% share · 1 office | |
| First-Citizens Bank & Trust Company | $147.4 m · 16.5% share · 1 office | |
| Pasquotank, NC | $572.4 m FY2026 · $38,377/job | |
| MULTIPLE RECIPIENTS | $284.1 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Wells Fargo Bank, National Association | $230,090,000 | 25.8% | 2 |
| Truist Bank | $153,367,000 | 17.2% | 1 |
| First-Citizens Bank & Trust Company | $147,355,000 | 16.5% | 1 |
| Atlantic Union Bank | $108,960,000 | 12.2% | 1 |
| First Bank | $89,526,000 | 10.0% | 1 |
| Southern Bank and Trust Company | $83,618,000 | 9.4% | 1 |
| PNC Bank, National Association | $52,625,000 | 5.9% | 1 |
| United Bank | $21,902,000 | 2.5% | 1 |
| Woodforest National Bank | $4,786,000 | 0.5% | 1 |
Deposit concentration is 1,612 across 9 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 9 banks with deposits in the county = 25.8² + 17.2² + 16.5² + … (6 more) = 1,612
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 | $253,664,671 |
| Social Security Administration | $211,419,673 |
| Department of Veterans Affairs | $71,729,611 |
| Department of Education | $23,387,933 |
| Department of Housing and Urban Development | $2,434,521 |
| Department of Transportation | $2,325,428 |
| Department of Energy | $2,000,000 |
| Department of Agriculture | $1,726,950 |
| Department of Defense | $1,352,975 |
| Department of Health and Human Services | $1,312,280 |
| Railroad Retirement Board | $917,421 |
| General Services Administration | $292,292 |
That is $38,377 per covered job, against 14,915 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $572.4 m / 14,915 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $38,377
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 #
Pasquotank County, NC: 12 findings, 1 at an alert level, 1 at a watch level and 10 noted
alertPasquotank County, NC's covered employment is -6.6% 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 = -6.6 <= -3
BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level
watchPasquotank County, NC's covered employment is -6.6% 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 = -6.6 < 0
BLS QCEW over-the-year percent change, as published; not an official level
notePasquotank County, NC's covered employment was 6.6% 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
- -6.6 % = 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
notePasquotank County, NC's average weekly wage was 1.5% 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
- +1.5 % = 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
notePasquotank County, NC's typical asking rent rose 0.6% from $1,394 in July 2026 to $1,402 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.6% = (1402.0541125541124 - 1393.6439797210824) / 1393.6439797210824 × 100
- 1402.0541125541124 = Zillow ZORI, 2026-08
- 1393.6439797210824 = Zillow ZORI, 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.