Monroe County, TN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 35.45, -84.25.
Assembled 2026-10-06. Read the brief.
- 67th pct · 998th of 3,063 US counties · median $234,566
- 63rd pct · 35th of 95 Tennessee counties · median $259,021
- 77th pct · 693rd of 3,063 US counties · median +2.9%
- 77th pct · 22nd of 95 Tennessee counties · median +3.2%
- 20th pct · 1,108th of 1,399 US counties · median $1,496
- 20th pct · 37th of 46 Tennessee counties · median $1,490
- 63rd pct · 1,175th of 3,221 US counties · median 8,232
- 68th pct · 31st of 95 Tennessee counties · median 8,576
- 47th pct · 1,676th of 3,221 US counties · median $1,039
- 49th pct · 48th of 95 Tennessee counties · median $1,030
- 71st pct · 883rd of 3,063 US counties · median 4.3
- 61st pct · 37th of 95 Tennessee 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 $290,772 (Aug 2026), +5.7% over one year, +31.6% over five
- 67th pct · 998th of 3,063 US counties · median $234,566
- 63rd pct · 35th of 95 Tennessee counties · median $259,021
| Item | Value | Distance |
|---|---|---|
| Monroe County, TN | $290,772 · +5.7% 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 $1,183/mo (Aug 2026), n/a over one year; price-to-rent 20.5
- 20th pct · 1,108th of 1,399 US counties · median $1,496
- 20th pct · 37th of 46 Tennessee counties · median $1,490
| Item | Value | Distance |
|---|---|---|
| Monroe County, TN | $1,183/mo · n/a 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 $1,592 a month on $290,772 at 7.28%, against an average weekly wage worth $4,463 a month: 35.7% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $290,772 × 80% = $232,618, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,592/mo principal and interest
- wage share = payment / (avg weekly wage $1,030 × 52 / 12 = $4,463) = 36% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $290,772 / ($1,030 × 52) = 5.4
- price-to-rent = $290,772 / ($1,183 × 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 #
14,305 jobs at 915 employers (2026 Q1); -2.2% jobs and +5.3% average weekly wage over the year
- 63rd pct · 1,175th of 3,221 US counties · median 8,232
- 68th pct · 31st of 95 Tennessee counties · median 8,576
| Item | Value | Distance |
|---|---|---|
| Monroe County, TN | 14,305 jobs · $1,030/wk · -2.2% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 5,143 | $1,258 | 4.47 | -4.9% |
| Retail trade | 1,982 | $659 | 1.42 | -1.0% |
| Accommodation and food services | 1,399 | $356 | 1.09 | -2.1% |
| Health care and social assistance | 1,349 | $974 | 0.63 | -0.1% |
| Construction | 314 | $1,076 | 0.42 | -4.6% |
| Administrative and waste services | 310 | $712 | 0.38 | -33.5% |
| Professional and technical services | 288 | $1,567 | 0.29 | +2.1% |
| Finance and insurance | 285 | $2,357 | 0.49 | +0.7% |
| Management of companies | 260 | $2,001 | 1.09 | +157.4% |
| Wholesale trade | 254 | $1,601 | 0.46 | +0.4% |
| Arts, entertainment and recreation | 182 | $566 | 0.77 | +40.0% |
| Other services | 177 | $778 | 0.41 | +5.4% |
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 #
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 #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$1.0 bn in deposits at 18 offices of 6 banks (SOD June 2026); HHI 2,450, highly concentrated. $401.8 m federal obligations in FY2026 (direct payments $368.0 m, grants $30.1 m), $28,087 per covered job
| Item | Value | Distance |
|---|---|---|
| Volunteer Federal Savings Bank | $353.5 m · 34.7% share · 6 offices | |
| Peoples Bank of East Tennessee | $251.6 m · 24.7% share · 5 offices | |
| Simmons Bank | $215.6 m · 21.2% share · 3 offices | |
| Monroe, TN | $401.8 m FY2026 · $28,087/job | |
| MULTIPLE RECIPIENTS | $366.5 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Volunteer Federal Savings Bank | $353,497,000 | 34.7% | 6 |
| Peoples Bank of East Tennessee | $251,637,000 | 24.7% | 5 |
| Simmons Bank | $215,627,000 | 21.2% | 3 |
| Old National Bank | $119,707,000 | 11.8% | 2 |
| Regions Bank | $69,743,000 | 6.8% | 1 |
| Sainte Marie State Bank | $7,989,000 | 0.8% | 1 |
Deposit concentration is 2,450 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 = 34.7² + 24.7² + 21.2² + … (3 more) = 2,450
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 | $319,153,921 |
| Department of Veterans Affairs | $44,453,904 |
| Department of Transportation | $27,992,374 |
| Department of Agriculture | $3,737,836 |
| Railroad Retirement Board | $3,017,130 |
| Department of Health and Human Services | $2,060,021 |
| Department of Housing and Urban Development | $725,949 |
| Department of Education | $271,345 |
| Department of Defense | $269,808 |
| Department of Justice | $94,718 |
| Federal Communications Commission | $3,237 |
| Small Business Administration | $0 |
That is $28,087 per covered job, against 14,305 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $401.8 m / 14,305 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $28,087
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 | -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 #
Monroe County, TN: 6 findings, 1 at a watch level and 5 noted
watchMonroe County, TN's covered employment is -2.2% 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 = -2.2 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteMonroe County, TN's average weekly wage was 5.3% 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
- +5.3 % = 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
noteMonroe County, TN's covered employment was 2.2% 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
- -2.2 % = 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
noteMonroe County, TN's typical asking rent rose 1.6% from $1,164 in July 2026 to $1,183 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +1.6% = (1182.5 - 1164.0353941465014) / 1164.0353941465014 × 100
- 1182.5 = Zillow ZORI, 2026-08
- 1164.0353941465014 = Zillow ZORI, 2026-07
noteThe next Zillow ZHVI typical home value (monthly) covering Monroe County, TN is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
Read all 6 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.