Midland County, TX
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 31.81, -102.00.
Assembled 2026-10-06. Read the brief.
- 76th pct · 728th of 3,063 US counties · median $234,566
- 85th pct · 36th of 243 Texas counties · median $215,660
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
- 35th pct · 1,965th of 3,063 US counties · median +2.9%
- 66th pct · 83rd of 243 Texas counties · median +0.0%
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
- 58th pct · 587th of 1,399 US counties · median $1,496
- 73rd pct · 29th of 106 Texas counties · median $1,483
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
- 91st pct · 269th of 3,221 US counties · median 8,232
- 91st pct · 22nd of 254 Texas counties · median 6,022
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
- 98th pct · 46th of 3,221 US counties · median $1,039
- 97th pct · 8th of 254 Texas counties · median $1,115
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
- 23rd pct · 2,334th of 3,063 US counties · median 4.3
- 40th pct · 146th of 243 Texas counties · median 3.6
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
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 $332,567 (Aug 2026), +1.7% over one year, +16.6% over five
- 76th pct · 728th of 3,063 US counties · median $234,566
- 85th pct · 36th of 243 Texas counties · median $215,660
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Midland County, TX | $332,567 · +1.7% 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 $1,599/mo (Aug 2026), -2.3% over one year; price-to-rent 17.3
- 58th pct · 587th of 1,399 US counties · median $1,496
- 73rd pct · 29th of 106 Texas counties · median $1,483
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Midland County, TX | $1,599/mo · -2.3% 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 $1,820 a month on $332,567 at 7.28%, against an average weekly wage worth $8,771 a month: 20.8% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $332,567 × 80% = $266,054, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,820/mo principal and interest
- wage share = payment / (avg weekly wage $2,024 × 52 / 12 = $8,771) = 21% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $332,567 / ($2,024 × 52) = 3.2
- price-to-rent = $332,567 / ($1,599 × 12) = 17.3
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 #
118,629 jobs at 6,370 employers (2026 Q1); -1.4% jobs and +1.8% average weekly wage over the year
- 91st pct · 269th of 3,221 US counties · median 8,232
- 91st pct · 22nd of 254 Texas counties · median 6,022
- counties in the Midland metro: Rank context is unavailable: the manifest lists 2 counties in the Midland metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Midland County, TX | 118,629 jobs · $2,024/wk · -1.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Mining, oil and gas | 32,168 | $3,326 | 76.16 | -2.8% |
| Accommodation and food services | 9,889 | $566 | 0.93 | -0.9% |
| Retail trade | 9,422 | $853 | 0.81 | +4.2% |
| Construction | 7,690 | $1,770 | 1.24 | -5.5% |
| Wholesale trade | 6,918 | $2,461 | 1.52 | +0.6% |
| Health care and social assistance | 6,618 | $1,124 | 0.37 | +1.1% |
| Professional and technical services | 5,278 | $1,769 | 0.64 | -2.7% |
| Manufacturing | 5,080 | $2,083 | 0.53 | +7.8% |
| Transportation and warehousing | 4,617 | $2,097 | 0.92 | -6.2% |
| Real estate and rental | 3,780 | $1,994 | 2.08 | -2.7% |
| Administrative and waste services | 3,509 | $1,571 | 0.52 | -4.3% |
| Educational services | 3,144 | $481 | 1.23 | +4.1% |
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 #
13 % of conservation capacity, weighted over 6 TWDB reservoirs
Sites found: 8, 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 Colorado City | 53 % full · 31k ac-ft | 118 km |
| Lk J. B. Thomas nr Vincent, TX | 39,840 Acre-ft (USGS, no capacity on file) | 119 km |
| Lake J.B. Thomas | 20 % full · 200k ac-ft | 119 km |
| Champion Creek Reservoir | 43 % full · 42k ac-ft | 120 km |
| E. V. Spence Res nr Robert Lee, TX | 47,890 Acre-ft (USGS, no capacity on file) | 140 km |
| E. V. Spence Reservoir | 9 % full · 517k ac-ft | 140 km |
| Twin Buttes Reservoir | 5 % full · 182k ac-ft | 147 km |
| O. C. Fisher Lake | 11 % full · 116k ac-ft | 149 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 #
No gauges within 75 km (descend below 1,500 km to load them)
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 (0.67)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 + 0.3×0.87 / 0.65
Banks & federal dollars #
$9.0 bn in deposits at 38 offices of 15 banks (SOD June 2026); HHI 1,383, moderately concentrated. $654.2 m federal obligations in FY2026 (direct payments $601.9 m, grants $43.2 m), $5,515 per covered job
| Item | Value | Distance |
|---|---|---|
| Community National Bank | $1.9 bn · 20.7% share · 7 offices | |
| Frost Bank | $1.8 bn · 19.8% share · 4 offices | |
| West Texas National Bank | $1.3 bn · 14.3% share · 3 offices | |
| Midland, TX | $654.2 m FY2026 · $5,515/job | |
| MULTIPLE RECIPIENTS | $577.8 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Community National Bank | $1,856,893,000 | 20.7% | 7 |
| Frost Bank | $1,772,329,000 | 19.8% | 4 |
| West Texas National Bank | $1,278,877,000 | 14.3% | 3 |
| Prosperity Bank | $995,889,000 | 11.1% | 5 |
| Bank of America, National Association | $891,277,000 | 10.0% | 2 |
| Wells Fargo Bank, National Association | $845,975,000 | 9.5% | 4 |
| JPMorgan Chase Bank, National Association | $456,129,000 | 5.1% | 2 |
| Bank of Texas | $243,664,000 | 2.7% | 1 |
| American Momentum Bank | $235,381,000 | 2.6% | 2 |
| Truist Bank | $129,286,000 | 1.4% | 1 |
Deposit concentration is 1,383 across 15 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 15 banks with deposits in the county = 20.7² + 19.8² + 14.3² + … (12 more) = 1,383
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 | $506,539,118 |
| Department of Veterans Affairs | $70,654,636 |
| Department of Transportation | $48,446,754 |
| Department of Education | $9,175,749 |
| Department of Agriculture | $7,505,602 |
| Department of Housing and Urban Development | $7,299,300 |
| General Services Administration | $1,647,322 |
| Department of Health and Human Services | $1,259,215 |
| Federal Communications Commission | $1,008,316 |
| Railroad Retirement Board | $818,790 |
| Department of Justice | $230,201 |
| Department of Commerce | $51,158 |
That is $5,515 per covered job, against 118,629 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $654.2 m / 118,629 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $5,515
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 #
Midland County, TX: 11 findings, 2 at a watch level and 9 noted
watchMidland County, TX's covered employment is -1.4% 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 = -1.4 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchMidland County, TX's typical home value of +1.7% scores 36 on the 0-to-100 scale across US counties but 66 across Texas counties, a gap of 30 points.
Period 2026-08.Show the arithmetic
- 30 = |36 across US counties - 66 across Texas counties|
position among the entities that published this metric this period; not an official level
noteMidland County, TX's average weekly wage was 1.8% 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
- +1.8 % = 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
noteMidland County, TX's covered employment was 1.4% 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
- -1.4 % = 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
noteMidland County, TX's typical asking rent fell 0.5% from $1,608 in July 2026 to $1,599 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- -0.5% = (1599.4756235413054 - 1607.6967752571554) / 1607.6967752571554 × 100
- 1599.4756235413054 = Zillow ZORI, 2026-08
- 1607.6967752571554 = Zillow ZORI, 2026-07
Read all 11 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.