Fayette County, TN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 35.20, -89.41.
Assembled 2026-10-06. Read the brief.
- 82nd pct · 542nd of 3,063 US counties · median $234,566
- 88th pct · 12th of 95 Tennessee counties · median $259,021
- 100th pct · 1st of 9 counties in the Memphis metro · median $222,493
- 17th pct · 2,538th of 3,063 US counties · median +2.9%
- 4th pct · 91st of 95 Tennessee counties · median +3.2%
- 12th pct · 8th of 9 counties in the Memphis metro · median +1.7%
- 85th pct · 204th of 1,399 US counties · median $1,496
- 97th pct · 2nd of 46 Tennessee counties · median $1,490
- 100th pct · 1st of 6 counties in the Memphis metro · median $1,560
- 50th pct · 1,610th of 3,221 US counties · median 8,232
- 45th pct · 52nd of 95 Tennessee counties · median 8,576
- 37th pct · 6th of 9 counties in the Memphis metro · median 11,668
- 66th pct · 1,066th of 3,221 US counties · median $1,039
- 74th pct · 25th of 95 Tennessee counties · median $1,030
- 87th pct · 2nd of 9 counties in the Memphis metro · median $933
- 82nd pct · 534th of 3,063 US counties · median 4.3
- 88th pct · 12th of 95 Tennessee counties · median 5.0
- 100th pct · 1st of 9 counties in the Memphis metro · median 4.6
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 $371,812 (Aug 2026), -0.6% over one year, +17.8% over five
- 82nd pct · 542nd of 3,063 US counties · median $234,566
- 88th pct · 12th of 95 Tennessee counties · median $259,021
- 100th pct · 1st of 9 counties in the Memphis metro · median $222,493
| Item | Value | Distance |
|---|---|---|
| Fayette County, TN | $371,812 · -0.6% 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 $2,058/mo (Aug 2026), +1.0% over one year; price-to-rent 15.1
- 85th pct · 204th of 1,399 US counties · median $1,496
- 97th pct · 2nd of 46 Tennessee counties · median $1,490
- 100th pct · 1st of 6 counties in the Memphis metro · median $1,560
| Item | Value | Distance |
|---|---|---|
| Fayette County, TN | $2,058/mo · +1.0% 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 $2,035 a month on $371,812 at 7.28%, against an average weekly wage worth $4,875 a month: 41.7% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $371,812 × 80% = $297,450, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,035/mo principal and interest
- wage share = payment / (avg weekly wage $1,125 × 52 / 12 = $4,875) = 42% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $371,812 / ($1,125 × 52) = 6.4
- price-to-rent = $371,812 / ($2,058 × 12) = 15.1
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 #
8,242 jobs at 798 employers (2026 Q1); -1.1% jobs and +0.4% average weekly wage over the year
- 50th pct · 1,610th of 3,221 US counties · median 8,232
- 45th pct · 52nd of 95 Tennessee counties · median 8,576
- 37th pct · 6th of 9 counties in the Memphis metro · median 11,668
| Item | Value | Distance |
|---|---|---|
| Fayette County, TN | 8,242 jobs · $1,125/wk · -1.1% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 1,505 | $1,337 | 2.27 | +4.3% |
| Retail trade | 936 | $638 | 1.17 | -3.8% |
| Construction | 730 | $1,250 | 1.69 | -6.0% |
| Wholesale trade | 620 | $1,877 | 1.96 | -1.9% |
| Accommodation and food services | 586 | $570 | 0.79 | -9.8% |
| Health care and social assistance | 574 | $772 | 0.46 | +5.3% |
| Administrative and waste services | 560 | $853 | 1.20 | +11.6% |
| Finance and insurance | 275 | $1,553 | 0.82 | -2.1% |
| Professional and technical services | 206 | $1,795 | 0.36 | -4.6% |
| Other services | 193 | $769 | 0.78 | -13.5% |
| Educational services | 187 | $726 | 1.05 | +2.2% |
| Information | 55 | $1,553 | 0.36 | -5.2% |
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: 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 #
high (0.50)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 / 0.35
Banks & federal dollars #
$1.2 bn in deposits at 17 offices of 8 banks (SOD June 2026); HHI 3,182, highly concentrated. $352.3 m federal obligations in FY2026 (direct payments $333.0 m, grants $17.5 m), $42,747 per covered job
| Item | Value | Distance |
|---|---|---|
| The Bank of Fayette County | $608.3 m · 51.5% share · 7 offices | |
| Trustmark Bank | $203.6 m · 17.2% share · 3 offices | |
| The Park National Bank | $119.1 m · 10.1% share · 1 office | |
| Fayette, TN | $352.3 m FY2026 · $42,747/job | |
| MULTIPLE RECIPIENTS | $320.6 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The Bank of Fayette County | $608,285,000 | 51.5% | 7 |
| Trustmark Bank | $203,613,000 | 17.2% | 3 |
| The Park National Bank | $119,145,000 | 10.1% | 1 |
| FirstBank | $87,632,000 | 7.4% | 1 |
| The Huntington National Bank | $84,735,000 | 7.2% | 2 |
| Guaranty Bank and Trust Company | $40,627,000 | 3.4% | 1 |
| Regions Bank | $35,637,000 | 3.0% | 1 |
| FSNB, National Association | $916,000 | 0.1% | 1 |
Deposit concentration is 3,182 across 8 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 8 banks with deposits in the county = 51.5² + 17.2² + 10.1² + … (5 more) = 3,182
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 | $289,044,036 |
| Department of Veterans Affairs | $29,794,915 |
| Department of Transportation | $14,491,467 |
| Department of Agriculture | $12,896,385 |
| Railroad Retirement Board | $1,927,719 |
| Federal Communications Commission | $1,542,532 |
| Department of Defense | $999,999 |
| Department of Housing and Urban Development | $838,065 |
| Department of Health and Human Services | $383,732 |
| Department of the Interior | $196,014 |
| Department of Justice | $125,000 |
| Delta Regional Authority | $75,750 |
That is $42,747 per covered job, against 8,242 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $352.3 m / 8,242 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $42,747
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 | 2026-10-05 | +0.1% |
| 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 #
Fayette County, TN: 13 findings, 2 at a watch level and 11 noted
watchFayette County, TN's covered employment is -1.1% 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 = -1.1 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchFayette County, TN's typical home value is -0.6% 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 = -0.5655695425786798 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
noteFayette County, TN's covered employment was 1.1% 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
- -1.1 % = 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
noteFayette County, TN's typical asking rent rose 0.4% from $2,050 in July 2026 to $2,058 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.4% = (2058.404761904762 - 2049.5451977207467) / 2049.5451977207467 × 100
- 2058.404761904762 = Zillow ZORI, 2026-08
- 2049.5451977207467 = Zillow ZORI, 2026-07
noteFayette County, TN's average weekly wage was 0.4% 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
- +0.4 % = 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
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.