Franklin County, TX
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 33.18, -95.22.
Assembled 2026-10-06. Read the brief.
- 73rd pct · 822nd of 3,063 US counties · median $234,566
- 83rd pct · 41st of 243 Texas counties · median $215,660
- 46th pct · 1,644th of 3,063 US counties · median +2.9%
- 74th pct · 63rd of 243 Texas counties · median +0.0%
- US counties: not published this period
- Texas counties: not published this period
- 29th pct · 2,259th of 3,221 US counties · median 8,232
- 38th pct · 157th of 254 Texas counties · median 6,022
- 27th pct · 2,341st of 3,221 US counties · median $1,039
- 16th pct · 212th of 254 Texas counties · median $1,115
- 83rd pct · 491st of 3,063 US counties · median 4.3
- 92nd pct · 20th of 243 Texas counties · median 3.6
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 $317,921 (Aug 2026), +2.6% over one year, +14.5% over five
- 73rd pct · 822nd of 3,063 US counties · median $234,566
- 83rd pct · 41st of 243 Texas counties · median $215,660
| Item | Value | Distance |
|---|---|---|
| Franklin County, TX | $317,921 · +2.6% 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 #
Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)
- US counties: not published this period
- Texas 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 $1,740 a month on $317,921 at 7.28%, against an average weekly wage worth $4,073 a month: 42.7% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $317,921 × 80% = $254,337, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,740/mo principal and interest
- wage share = payment / (avg weekly wage $940 × 52 / 12 = $4,073) = 43% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $317,921 / ($940 × 52) = 6.5
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 #
3,731 jobs at 547 employers (2026 Q1); -0.7% jobs and -7.2% average weekly wage over the year
- 29th pct · 2,259th of 3,221 US counties · median 8,232
- 38th pct · 157th of 254 Texas counties · median 6,022
| Item | Value | Distance |
|---|---|---|
| Franklin County, TX | 3,731 jobs · $940/wk · -0.7% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 1,099 | $1,019 | 1.96 | +14.4% |
| Transportation and warehousing | 813 | $1,096 | 5.17 | -7.9% |
| Retail trade | 252 | $600 | 0.69 | -0.8% |
| Professional and technical services | 159 | $1,206 | 0.62 | -4.2% |
| Construction | 152 | $1,020 | 0.78 | -10.1% |
| Other services | 135 | $597 | 1.21 | -2.2% |
| Manufacturing | 89 | $1,065 | 0.30 | -7.3% |
| Finance and insurance | 40 | $1,461 | 0.26 | -11.1% |
| Wholesale trade | 8 | $1,255 | 0.06 | -11.1% |
| Agriculture, forestry, fishing | withheld | |||
| Mining, oil and gas | withheld | |||
| Information | 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 #
D3 extreme 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 #
87 % of conservation capacity, weighted over 27 TWDB reservoirs
Sites found: 31, 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 |
|---|---|---|
| Lake Cypress Springs | 90 % full · 67k ac-ft | 13 km |
| Monticello Reservoir | 73 % full · 35k ac-ft | 20 km |
| Lake Bob Sandlin | 89 % full · 192k ac-ft | 23 km |
| Lake Sulphur Springs | 86 % full · 18k ac-ft | 39 km |
| Cooper (Chapman) Lake | 69 % full · 259k ac-ft | 42 km |
| Lake Fork Reservoir | 82 % full · 606k ac-ft | 50 km |
| Lake Fk Res nr Quitman, TX | 560,100 Acre-ft (USGS, no capacity on file) | 50 km |
| Lake Crook | 85 % full · 9k ac-ft | 69 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 #
24 gauges · 0 flooding · 1 with quality panels averaging 75 % · 3 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.
| Site | Reading | Distance |
|---|---|---|
| White Oak Ck nr Talco, TX | flow 20.2 ft³/s · no flooding | 20 km |
| Brushy Ck at Scroggins, TX | flow 0.29 ft³/s · STALE | 22 km |
| Sulphur Rv nr Talco, TX | flow 10.6 ft³/s · no flooding | 25 km |
| Big Cypress Ck at US Hwy 271 nr Pittsburg, TX | flow 7.87 ft³/s | 26 km |
| Big Cypress Ck nr Pittsburg, TX | flow 16.8 ft³/s · no flooding | 36 km |
| Cuthand Ck at FM 910 nr Cuthand, TX | flow 0.00 ft³/s | 39 km |
| White Oak Ck at IH 30 nr Omaha, TX | flow 7.86 ft³/s | 40 km |
| S Sulphur Rv nr Cooper, TX | flow 3.07 ft³/s · no flooding | 40 km |
| North Texas Lakes at Jim Chapman Lake | no readings | 42 km |
| N Sulphur Rv nr Cooper, TX | flow 0.01 ft³/s · no flooding | 48 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 #
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 (0.41)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.75 + 0.3×0.13 + 0.2×0.25 / 0.85
Banks & federal dollars #
$266.6 m in deposits at 6 offices of 4 banks (SOD June 2026); HHI 4,015, highly concentrated. $72.2 m federal obligations in FY2026 (direct payments $70.8 m, grants $1.4 m), $19,363 per covered job
| Item | Value | Distance |
|---|---|---|
| Alliance Bank | $152.1 m · 57.0% share · 3 offices | |
| Glacier Bank | $61.0 m · 22.9% share · 1 office | |
| The First National Bank of East Texas | $38.0 m · 14.2% share · 1 office | |
| Franklin, TX | $72.2 m FY2026 · $19,363/job | |
| MULTIPLE RECIPIENTS | $67.6 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Alliance Bank | $152,111,000 | 57.0% | 3 |
| Glacier Bank | $60,995,000 | 22.9% | 1 |
| The First National Bank of East Texas | $37,968,000 | 14.2% | 1 |
| Prosperity Bank | $15,558,000 | 5.8% | 1 |
Deposit concentration is 4,015 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 = 57.0² + 22.9² + 14.2² + … (1 more) = 4,015
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 | $60,765,071 |
| Department of Veterans Affairs | $6,716,116 |
| Department of Agriculture | $2,747,830 |
| Department of Transportation | $789,755 |
| Federal Communications Commission | $540,619 |
| Department of Health and Human Services | $300,000 |
| Department of Housing and Urban Development | $266,236 |
| Railroad Retirement Board | $98,800 |
| Department of Education | $18,202 |
| Small Business Administration | $0 |
That is $19,363 per covered job, against 3,731 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $72.2 m / 3,731 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $19,363
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 #
Franklin County, TX: 9 findings, 3 at a watch level and 6 noted
watchFranklin County, TX's average weekly wage is -7.2% 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 = -7.2 < 0
BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, not an official level
watchFranklin County, TX's covered employment is -0.7% 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 = -0.7 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchFranklin County, TX's momentum index is -0.28, a watch level here: momentum index in the cooling band (the cooling band of the momentum index computed here, score at or below -0.25; 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: momentum = -0.2839194037786617 <= -0.25
- momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)
the cooling band of the momentum index computed here, score at or below -0.25; convention chosen for this dashboard, not an official level
noteFranklin County, TX's average weekly wage was 7.2% 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
- -7.2 % = 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
noteFranklin County, TX's covered employment was 0.7% 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
- -0.7 % = 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
Read all 9 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.