Gray County, TX
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 35.40, -100.81.
Assembled 2026-10-06. Read the brief.
- 3rd pct · 2,961st of 3,063 US counties · median $234,566
- 6th pct · 227th of 243 Texas counties · median $215,660
- 25th pct · 2,288th of 3,063 US counties · median +2.9%
- 56th pct · 106th of 243 Texas counties · median +0.0%
- US counties: not published this period
- Texas counties: not published this period
- 47th pct · 1,703rd of 3,221 US counties · median 8,232
- 55th pct · 114th of 254 Texas counties · median 6,022
- 86th pct · 426th of 3,221 US counties · median $1,039
- 77th pct · 57th of 254 Texas counties · median $1,115
- 0th pct · 3,034th of 3,063 US counties · median 4.3
- 4th pct · 232nd 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 $103,890 (Aug 2026), +0.5% over one year, +4.2% over five
- 3rd pct · 2,961st of 3,063 US counties · median $234,566
- 6th pct · 227th of 243 Texas counties · median $215,660
| Item | Value | Distance |
|---|---|---|
| Gray County, TX | $103,890 · +0.5% 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 $569 a month on $103,890 at 7.28%, against an average weekly wage worth $5,755 a month: 9.9% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $103,890 × 80% = $83,112, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $569/mo principal and interest
- wage share = payment / (avg weekly wage $1,328 × 52 / 12 = $5,755) = 10% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $103,890 / ($1,328 × 52) = 1.5
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 #
7,360 jobs at 556 employers (2026 Q1); -2.4% jobs and +11.9% average weekly wage over the year
- 47th pct · 1,703rd of 3,221 US counties · median 8,232
- 55th pct · 114th of 254 Texas counties · median 6,022
| Item | Value | Distance |
|---|---|---|
| Gray County, TX | 7,360 jobs · $1,328/wk · -2.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 1,613 | $2,375 | 2.72 | -0.7% |
| Retail trade | 850 | $666 | 1.19 | -7.2% |
| Health care and social assistance | 652 | $1,033 | 0.59 | +0.0% |
| Accommodation and food services | 623 | $370 | 0.94 | -3.6% |
| Construction | 364 | $1,220 | 0.94 | +15.2% |
| Mining, oil and gas | 341 | $1,799 | 13.01 | -25.2% |
| Agriculture, forestry, fishing | 274 | $942 | 5.15 | +0.0% |
| Administrative and waste services | 245 | $1,087 | 0.59 | +4.3% |
| Transportation and warehousing | 148 | $1,740 | 0.48 | -3.9% |
| Finance and insurance | 118 | $1,404 | 0.39 | -14.5% |
| Professional and technical services | 116 | $1,227 | 0.23 | -11.5% |
| Real estate and rental | 58 | $1,142 | 0.51 | +1.8% |
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 #
D4 exceptional 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: 4, 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 |
|---|---|---|
| Greenbelt Lake | 5 % full · 60k ac-ft | 45 km |
| Lake Meredith | 44 % full · 500k ac-ft | 75 km |
| Palo Duro Reservoir | 0 % full · 61k ac-ft | 110 km |
| Mackenzie Reservoir | 11 % full · 46k ac-ft | 111 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 #
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 #
severe (0.84)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×1.00 + 0.3×0.66 / 0.65
Banks & federal dollars #
$469.8 m in deposits at 5 offices of 5 banks (SOD June 2026); HHI 4,318, highly concentrated. $108.6 m federal obligations in FY2026 (direct payments $107.5 m, grants $997,255), $14,753 per covered job
| Item | Value | Distance |
|---|---|---|
| FirstBank Southwest | $283.9 m · 60.4% share · 1 office | |
| Centennial Bank | $98.1 m · 20.9% share · 1 office | |
| UMB Bank, National Association | $69.9 m · 14.9% share · 1 office | |
| Gray, TX | $108.6 m FY2026 · $14,753/job | |
| MULTIPLE RECIPIENTS | $103.7 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| FirstBank Southwest | $283,868,000 | 60.4% | 1 |
| Centennial Bank | $98,124,000 | 20.9% | 1 |
| UMB Bank, National Association | $69,861,000 | 14.9% | 1 |
| BOC Bank | $12,988,000 | 2.8% | 1 |
| First National Bank Texas | $4,913,000 | 1.0% | 1 |
Deposit concentration is 4,318 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 = 60.4² + 20.9² + 14.9² + … (2 more) = 4,318
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 | $93,782,409 |
| Department of Veterans Affairs | $9,444,025 |
| Department of Agriculture | $3,499,955 |
| Department of Transportation | $930,988 |
| Railroad Retirement Board | $513,165 |
| Federal Communications Commission | $345,151 |
| Department of Education | $66,267 |
| Small Business Administration | $0 |
That is $14,753 per covered job, against 7,360 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $108.6 m / 7,360 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $14,753
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 #
Gray County, TX: 10 findings, 2 at a watch level and 8 noted
watchGray County, TX's covered employment is -2.4% 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 = -2.4 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchGray County, TX's typical home value of +0.5% scores 25 on the 0-to-100 scale across US counties but 57 across Texas counties, a gap of 31 points.
Period 2026-08.Show the arithmetic
- 31 = |25 across US counties - 57 across Texas counties|
position among the entities that published this metric this period; not an official level
noteGray County, TX's average weekly wage was 11.9% 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
- +11.9 % = 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
noteGray County, TX's covered employment was 2.4% 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
- -2.4 % = 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
noteGray County, TX's typical home value rose 1.2% from $102,655 in July 2026 to $103,890 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +1.2% = (103889.71643550583 - 102654.95525644462) / 102654.95525644462 × 100
- 103889.71643550583 = Zillow ZHVI, 2026-08
- 102654.95525644462 = Zillow ZHVI, 2026-07
Read all 10 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.