Henry County, TN

Home values #

Typical home $222,833 (Aug 2026), +7.3% over one year, +37.6% over five

• 45th pct · 1,676th of 3,063 US counties · median $234,566
• 26th pct · 70th of 95 Tennessee counties · median $259,021

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 $1,083/mo (Aug 2026), n/a over one year; price-to-rent 17.1

• 13th pct · 1,206th of 1,399 US counties · median $1,496
• 10th pct · 41st of 46 Tennessee counties · median $1,490

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 $1,220 a month on $222,833 at 7.28%, against an average weekly wage worth $3,922 a month: 31.1% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $222,833 × 80% = $178,267, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,220/mo principal and interest
• wage share = payment / (avg weekly wage $905 × 52 / 12 = $3,922) = 31% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $222,833 / ($905 × 52) = 4.7
• price-to-rent = $222,833 / ($1,083 × 12) = 17.1

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 #

10,964 jobs at 796 employers (2026 Q1); -7.1% jobs and +1.7% average weekly wage over the year

• 56th pct · 1,390th of 3,221 US counties · median 8,232
• 57th pct · 41st of 95 Tennessee counties · median 8,576

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 #

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 #

24 gauges · 0 flooding · 1 with quality panels averaging 100 % · 10 stale

Sites found: 24, 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 #

3 wells in 0 named aquifers:

Sites found: 3, 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 + 0.2×0.00 / 0.55

Banks & federal dollars #

$1.3 bn in deposits at 13 offices of 6 banks (SOD June 2026); HHI 3,133, highly concentrated. $327.8 m federal obligations in FY2026 (direct payments $261.7 m, grants $64.9 m), $29,902 per covered job

Deposit concentration is 3,133 across 6 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.

HHI = Σ (share %)² over 6 banks with deposits in the county = 47.9² + 24.4² + 12.6² + … (3 more) = 3,133

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.

That is $29,902 per covered job, against 10,964 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $327.8 m / 10,964 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $29,902

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.

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 #

Henry County, TN: 12 findings, 1 at an alert level, 3 at a watch level and 8 noted

1. alertHenry County, TN's covered employment is -7.1% 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 = -7.1 <= -3

   BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level

2. watchHenry County, TN's covered employment is -7.1% 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 = -7.1 < 0

   BLS QCEW over-the-year percent change, as published; not an official level

3. watchHenry County, TN's typical asking rent is -4.0% against the previous month, a watch level here: typical asking rent at least 1 percent below the previous month (arithmetic on the Zillow ZORI month columns; 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 2026-08.
   Show the arithmetic

   • test: rent.momPct = -4.030882525749939 <= -1
   • month-over-month percent change = (newest month − previous month) / |previous month| × 100, from Zillow's own published month columns

   arithmetic on the Zillow ZORI month columns; convention chosen for this dashboard, not an official level

4. watchHenry County, TN's typical asking rent fell 4.0% from $1,129 in July 2026 to $1,083 in August 2026, on Zillow ZORI.

   Period 2026-08.
   Show the arithmetic

   • -4.0% = (1083.3333333333333 - 1128.8353606294313) / 1128.8353606294313 × 100
   • 1083.3333333333333 = Zillow ZORI, 2026-08
   • 1128.8353606294313 = Zillow ZORI, 2026-07

5. noteHenry County, TN's covered employment was 7.1% 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

   • -7.1 % = 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

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.