Latimer County, OK
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 34.88, -95.27.
Assembled 2026-10-06. Read the brief.
- 15th pct · 2,596th of 3,063 US counties · median $234,566
- 36th pct · 49th of 77 Oklahoma counties · median $169,041
- 29th pct · 2,148th of 3,063 US counties · median +2.9%
- 22nd pct · 60th of 77 Oklahoma counties · median +4.0%
- US counties: not published this period
- Oklahoma counties: not published this period
- 26th pct · 2,382nd of 3,221 US counties · median 8,232
- 31st pct · 53rd of 77 Oklahoma counties · median 7,282
- 69th pct · 968th of 3,221 US counties · median $1,039
- 88th pct · 10th of 77 Oklahoma counties · median $968
- 10th pct · 2,756th of 3,063 US counties · median 4.3
- 23rd pct · 59th of 77 Oklahoma counties · median 3.4
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 $147,934 (Aug 2026), +1.1% over one year, +4.3% over five
- 15th pct · 2,596th of 3,063 US counties · median $234,566
- 36th pct · 49th of 77 Oklahoma counties · median $169,041
| Item | Value | Distance |
|---|---|---|
| Latimer County, OK | $147,934 · +1.1% 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
- Oklahoma 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 $810 a month on $147,934 at 7.28%, against an average weekly wage worth $4,975 a month: 16.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $147,934 × 80% = $118,347, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $810/mo principal and interest
- wage share = payment / (avg weekly wage $1,148 × 52 / 12 = $4,975) = 16% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $147,934 / ($1,148 × 52) = 2.5
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 #
3,191 jobs at 221 employers (2026 Q1); +4.7% jobs and -0.2% average weekly wage over the year
- 26th pct · 2,382nd of 3,221 US counties · median 8,232
- 31st pct · 53rd of 77 Oklahoma counties · median 7,282
| Item | Value | Distance |
|---|---|---|
| Latimer County, OK | 3,191 jobs · $1,148/wk · +4.7% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 269 | $641 | 0.56 | +5.1% |
| Construction | 228 | $1,249 | 1.36 | +21.9% |
| Retail trade | 199 | $494 | 0.64 | +1.0% |
| Professional and technical services | 118 | $942 | 0.54 | +32.6% |
| Utilities | 91 | $1,850 | 7.22 | +18.2% |
| Finance and insurance | 55 | $744 | 0.42 | +17.0% |
| Administrative and waste services | 39 | $765 | 0.22 | -2.5% |
| Mining, oil and gas | 13 | $1,580 | 1.14 | -7.1% |
| Agriculture, forestry, fishing | withheld | |||
| Manufacturing | withheld | |||
| Wholesale trade | withheld | |||
| Transportation and warehousing | 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 #
Surface water layer not loaded
Sites found: 3, 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 |
|---|---|---|
| Pat Mayse Lake | 91 % full · 114k ac-ft | 116 km |
| Lake Crook | 85 % full · 9k ac-ft | 130 km |
| Bois d'Arc Lake | 90 % full · 368k ac-ft | 144 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 #
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 #
moderate (0.31)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 + 0.3×0.10 / 0.65
Banks & federal dollars #
$206.8 m in deposits at 4 offices of 4 banks (SOD June 2026); HHI 2,932, highly concentrated. $105.6 m federal obligations in FY2026 (direct payments $77.5 m, grants $27.8 m), $33,092 per covered job
| Item | Value | Distance |
|---|---|---|
| The Community State Bank | $73.8 m · 35.7% share · 1 office | |
| First National Bank & Trust Company of McAlester | $66.0 m · 31.9% share · 1 office | |
| Latimer State Bank | $49.2 m · 23.8% share · 1 office | |
| Latimer, OK | $105.6 m FY2026 · $33,092/job | |
| MULTIPLE RECIPIENTS | $70.7 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The Community State Bank | $73,830,000 | 35.7% | 1 |
| First National Bank & Trust Company of McAlester | $66,017,000 | 31.9% | 1 |
| Latimer State Bank | $49,161,000 | 23.8% | 1 |
| The Farmers State Bank | $17,820,000 | 8.6% | 1 |
Deposit concentration is 2,932 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 = 35.7² + 31.9² + 23.8² + … (1 more) = 2,932
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 | $54,523,903 |
| Department of Agriculture | $23,968,066 |
| Department of Veterans Affairs | $15,451,017 |
| Department of Education | $5,978,046 |
| Department of Transportation | $1,746,304 |
| Department of Health and Human Services | $1,327,101 |
| Department of Housing and Urban Development | $972,398 |
| Federal Communications Commission | $804,225 |
| Railroad Retirement Board | $450,662 |
| Department of Justice | $290,510 |
| Department of the Interior | $85,415 |
That is $33,092 per covered job, against 3,191 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $105.6 m / 3,191 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $33,092
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 #
Latimer County, OK: 7 findings, 1 at a watch level and 6 noted
watchLatimer County, OK's average weekly wage is -0.2% against a year earlier, a watch level here: average weekly wage below the same quarter a year earlier, before inflation (BLS QCEW over-the-year percent change, as published, nominal dollars; 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.avgWeeklyWage = -0.2 < 0
BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, not an official level
noteLatimer County, OK's covered employment was 4.7% 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
- +4.7 % = 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
noteLatimer County, OK's typical home value rose 0.5% from $147,160 in July 2026 to $147,934 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.5% = (147933.73705618002 - 147160.46140749133) / 147160.46140749133 × 100
- 147933.73705618002 = Zillow ZHVI, 2026-08
- 147160.46140749133 = Zillow ZHVI, 2026-07
noteLatimer County, OK's average weekly wage was 0.2% 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
- -0.2 % = 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
noteLatimer County, OK's covered employment of +4.7% ranks 221st of 3,221 US counties, against a median of -0.2%.
Period 2026 Q1.Show the arithmetic
- 93 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
Read all 7 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.