Cheatham County, TN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 36.26, -87.10.
Assembled 2026-10-07. Read the brief.
- 85th pct · 437th of 3,063 US counties · median $234,566
- 91st pct · 9th of 95 Tennessee counties · median $259,021
- 53rd pct · 7th of 14 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median $384,552
- 37th pct · 1,900th of 3,063 US counties · median +2.9%
- 28th pct · 68th of 95 Tennessee counties · median +3.2%
- 46th pct · 8th of 14 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median +2.0%
- 60th pct · 560th of 1,399 US counties · median $1,496
- 62nd pct · 18th of 46 Tennessee counties · median $1,490
- 0th pct · 9th of 9 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median $1,732
- 55th pct · 1,444th of 3,221 US counties · median 8,232
- 55th pct · 43rd of 95 Tennessee counties · median 8,576
- 38th pct · 9th of 14 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median 20,943
- 79th pct · 662nd of 3,221 US counties · median $1,039
- 85th pct · 15th of 95 Tennessee counties · median $1,030
- 53rd pct · 7th of 14 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median $1,207
- 80th pct · 583rd of 3,063 US counties · median 4.3
- 84th pct · 16th of 95 Tennessee counties · median 5.0
- 46th pct · 8th of 14 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median 6.2
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 $397,740 (Aug 2026), +1.9% over one year, +20.7% over five
- 85th pct · 437th of 3,063 US counties · median $234,566
- 91st pct · 9th of 95 Tennessee counties · median $259,021
- 53rd pct · 7th of 14 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median $384,552
| Item | Value | Distance |
|---|---|---|
| Cheatham County, TN | $397,740 · +1.9% 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 $1,617/mo (Aug 2026), +1.4% over one year; price-to-rent 20.5
- 60th pct · 560th of 1,399 US counties · median $1,496
- 62nd pct · 18th of 46 Tennessee counties · median $1,490
- 0th pct · 9th of 9 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median $1,732
| Item | Value | Distance |
|---|---|---|
| Cheatham County, TN | $1,617/mo · +1.4% 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 $2,177 a month on $397,740 at 7.28%, against an average weekly wage worth $5,347 a month: 40.7% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $397,740 × 80% = $318,192, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,177/mo principal and interest
- wage share = payment / (avg weekly wage $1,234 × 52 / 12 = $5,347) = 41% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $397,740 / ($1,234 × 52) = 6.2
- price-to-rent = $397,740 / ($1,617 × 12) = 20.5
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 #
9,969 jobs at 944 employers (2026 Q1); +1.5% jobs and +5.0% average weekly wage over the year
- 55th pct · 1,444th of 3,221 US counties · median 8,232
- 55th pct · 43rd of 95 Tennessee counties · median 8,576
- 38th pct · 9th of 14 counties in the Nashville-Davidson--Murfreesboro--Franklin metro · median 20,943
| Item | Value | Distance |
|---|---|---|
| Cheatham County, TN | 9,969 jobs · $1,234/wk · +1.5% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 2,952 | $1,661 | 3.68 | +3.3% |
| Retail trade | 1,035 | $691 | 1.07 | -9.9% |
| Construction | 932 | $1,336 | 1.78 | +7.7% |
| Accommodation and food services | 819 | $536 | 0.91 | -1.6% |
| Transportation and warehousing | 349 | $1,117 | 0.83 | -19.0% |
| Administrative and waste services | 332 | $1,110 | 0.59 | +0.0% |
| Other services | 191 | $1,159 | 0.64 | -1.0% |
| Arts, entertainment and recreation | 168 | $880 | 1.02 | -0.6% |
| Finance and insurance | 155 | $2,011 | 0.38 | -0.6% |
| Real estate and rental | 70 | $1,063 | 0.46 | +0.0% |
| Information | 54 | $3,292 | 0.29 | -10.0% |
| Mining, oil and gas | 17 | $1,791 | 0.48 | +0.0% |
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 #
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 #
92 gauges · 0 flooding · 28 with quality panels averaging 98 % · 42 stale
Sites found: 92, 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 |
|---|---|---|
| HARPETH RIVER AT MCDANIEL, TN | flow 0.00 ft³/s · quality 80 % (5) | 59 km |
| CUMBERLAND RIVER AT ASHLAND CITY, TN | flow 12,100 ft³/s · no flooding | 3 km |
| SYCAMORE CREEK NEAR ASHLAND CITY, TN | flow 13.7 ft³/s · no flooding | 8 km |
| CUMBERLAND RIVER AT RIVER MILE 142.9, TN | DO 6.40 mg/l · quality 100 % (4) · STALE | 12 km |
| Cumberland River at Cheatham Lock and Dam | observation not current | 13 km |
| CUMBERLAND RIVER BELOW CHEATHAM DAM, TN | flow 3,970 ft³/s · STALE | 14 km |
| HARPETH RIVER NEAR KINGSTON SPRINGS, TN | flow 110.0 ft³/s · quality 100 % (3) · no flooding | 15 km |
| OVERALL CREEK NEAR WEST MEADE, TN | flow 57.0 ft³/s · STALE | 21 km |
| CUMBERLAND RIVER AT BRILEY PKWY AT COCKRILL BEND | stage 15.6 ft · observation not current · STALE | 23 km |
| RICHLAND CREEK AT CHARLOTTE AVE, AT NASHVILLE, TN | flow 6.74 ft³/s · no flooding | 25 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 #
6 wells in 0 named aquifers:
Sites found: 6, 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-360905087070201 | depth 44.6 ft · 2026-10-05 | 12 km |
| USGS-360429087233602 | depth 28.4 ft · 1986-12-19 | 33 km |
| USGS-360835086441100 | depth 54.1 ft · 1997-09-29 | 35 km |
| USGS-355749086533300 | depth 31.2 ft · 1984-02-28 | 37 km |
| USGS-360553087352201 | depth 15.4 ft · 2024-08-01 | 47 km |
| USGS-363609086430401 | depth 24.7 ft · 2026-10-05 | 52 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 #
moderate (0.33)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 + 0.2×0.03 / 0.55
Banks & federal dollars #
$785.6 m in deposits at 11 offices of 5 banks (SOD June 2026); HHI 2,368, highly concentrated. $277.2 m federal obligations in FY2026 (direct payments $271.8 m, grants $4.1 m), $27,810 per covered job
| Item | Value | Distance |
|---|---|---|
| Pinnacle Bank | $243.3 m · 31.0% share · 1 office | |
| United Community Bank | $200.7 m · 25.5% share · 3 offices | |
| U.S. Bank National Association | $172.2 m · 21.9% share · 2 offices | |
| Cheatham, TN | $277.2 m FY2026 · $27,810/job | |
| MULTIPLE RECIPIENTS | $268.9 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Pinnacle Bank | $243,333,000 | 31.0% | 1 |
| United Community Bank | $200,665,000 | 25.5% | 3 |
| U.S. Bank National Association | $172,179,000 | 21.9% | 2 |
| First Financial Bank, National Association | $121,202,000 | 15.4% | 3 |
| Legends Bank | $48,199,000 | 6.1% | 2 |
Deposit concentration is 2,368 across 5 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 5 banks with deposits in the county = 31.0² + 25.5² + 21.9² + … (2 more) = 2,368
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 | $225,425,359 |
| Department of Veterans Affairs | $42,505,211 |
| Department of Transportation | $2,602,441 |
| Department of Agriculture | $1,967,687 |
| Railroad Retirement Board | $1,498,461 |
| Department of Health and Human Services | $1,450,000 |
| Federal Communications Commission | $1,041,244 |
| Department of Defense | $712,903 |
| Small Business Administration | $25,106 |
| Department of Housing and Urban Development | $8,708 |
That is $27,810 per covered job, against 9,969 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $277.2 m / 9,969 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $27,810
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 #
Cheatham County, TN: 8 findings, 8 noted
noteCheatham County, TN's average weekly wage was 5.0% 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
- +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
noteCheatham County, TN's covered employment 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
noteCheatham County, TN's typical asking rent rose 0.5% from $1,609 in July 2026 to $1,617 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.5% = (1616.625 - 1609.3273488102734) / 1609.3273488102734 × 100
- 1616.625 = Zillow ZORI, 2026-08
- 1609.3273488102734 = Zillow ZORI, 2026-07
noteCheatham County, TN's typical asking rent of $1,617 ranks 9th of 9 counties in the Nashville-Davidson--Murfreesboro--Franklin metro, against a median of $1,732.
Period 2026-08.Show the arithmetic
- 0 on the 0-to-100 scale across 9 counties in the Nashville-Davidson--Murfreesboro--Franklin metro that published rent.latest
position among the entities that published this metric this period; not an official level
noteCheatham County, TN's typical home value of $397,740 ranks 9th of 95 Tennessee counties, against a median of $259,021.
Period 2026-08.Show the arithmetic
- 91 on the 0-to-100 scale across 95 Tennessee counties that published home.latest
position among the entities that published this metric this period; not an official level
Read all 8 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.