Grayson County, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 36.65, -81.22.
Assembled 2026-10-06. Read the brief.
- 40th pct · 1,833rd of 3,063 US counties · median $234,566
- 22nd pct · 103rd of 133 Virginia counties · median $307,999
- 79th pct · 617th of 3,063 US counties · median +2.9%
- 84th pct · 21st of 133 Virginia counties · median +2.9%
- US counties: not published this period
- Virginia counties: not published this period
- 24th pct · 2,423rd of 3,221 US counties · median 8,232
- 15th pct · 113th of 133 Virginia counties · median 9,944
- 5th pct · 3,048th of 3,221 US counties · median $1,039
- 1st pct · 131st of 133 Virginia counties · median $1,048
- 66th pct · 1,036th of 3,063 US counties · median 4.3
- 46th pct · 71st of 133 Virginia counties · median 5.4
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 $209,318 (Aug 2026), +6.0% over one year, +31.0% over five
- 40th pct · 1,833rd of 3,063 US counties · median $234,566
- 22nd pct · 103rd of 133 Virginia counties · median $307,999
| Item | Value | Distance |
|---|---|---|
| Grayson County, VA | $209,318 · +6.0% 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
- Virginia 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 $1,146 a month on $209,318 at 7.28%, against an average weekly wage worth $3,410 a month: 33.6% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $209,318 × 80% = $167,454, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,146/mo principal and interest
- wage share = payment / (avg weekly wage $787 × 52 / 12 = $3,410) = 34% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $209,318 / ($787 × 52) = 5.1
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 #
3,048 jobs at 363 employers (2026 Q1); -8.9% jobs and +3.0% average weekly wage over the year
- 24th pct · 2,423rd of 3,221 US counties · median 8,232
- 15th pct · 113th of 133 Virginia counties · median 9,944
| Item | Value | Distance |
|---|---|---|
| Grayson County, VA | 3,048 jobs · $787/wk · -8.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 348 | $894 | 1.42 | -2.8% |
| Retail trade | 228 | $452 | 0.77 | +1.8% |
| Finance and insurance | 96 | $1,706 | 0.77 | -1.0% |
| Agriculture, forestry, fishing | 83 | $1,035 | 3.77 | +12.2% |
| Mining, oil and gas | 49 | $1,011 | 4.51 | +0.0% |
| Construction | 48 | $623 | 0.30 | +0.0% |
| Wholesale trade | 15 | $1,510 | 0.13 | -58.3% |
| Real estate and rental | 8 | $1,361 | 0.17 | -27.3% |
| Utilities | withheld | |||
| Transportation and warehousing | withheld | |||
| Information | withheld | |||
| Professional and technical services | 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 #
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 #
2 USGS reservoir gauges, no capacity figures to weight
Sites found: 2, 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 |
|---|---|---|
| W. KERR SCOTT RESERVOIR AT DAM NR WILKESBORO, NC | 30.0 ft (USGS, no capacity on file) | 58 km |
| LITTLE RIVER RESERVOIR NEAR RADFORD, VA | 231.0 Acre-ft (USGS, no capacity on file) | 74 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 #
35 gauges · 0 flooding · 4 with quality panels averaging 100 % · 12 stale
Sites found: 35, 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 |
|---|---|---|
| NEW RIVER NEAR GALAX, VA | flow 734.0 ft³/s | 21 km |
| CHESTNUT CREEK AT GALAX, VA | flow 42.6 ft³/s | 26 km |
| NEW RIVER AT IVANHOE, VA | flow 1,010 ft³/s | 31 km |
| SOUTH FORK NEW RIVER NEAR JEFFERSON, NC | flow 181.0 ft³/s | 33 km |
| S F HOLSTON RIVER AT RIVERSIDE, NEAR CHILHOWIE, VA | flow 38.4 ft³/s | 39 km |
| M F HOLSTON RIVER AT SEVEN MILE FORD, VA | flow 60.8 ft³/s | 40 km |
| GLADE CREEK AT GRAHAMS FORGE, VA | flow 0.16 ft³/s · STALE | 42 km |
| REED CREEK AT GRAHAMS FORGE, VA | flow 107.0 ft³/s | 43 km |
| ROARING RIVER NEAR ROARING RIVER, NC | flow 102.0 ft³/s · STALE | 47 km |
| BIG REED ISLAND CREEK NEAR ALLISONIA, VA | flow 139.0 ft³/s · STALE | 51 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 #
1 wells in 0 named aquifers:
Sites found: 1, 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 |
|---|---|---|
| USGS-361646081430401 | depth 29.8 ft · 2026-10-05 | 61 km |
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 #
$187.9 m in deposits at 6 offices of 2 banks (SOD June 2026); HHI 6,295, highly concentrated. $117.7 m federal obligations in FY2026 (direct payments $113.3 m, contracts $4.2 m), $38,608 per covered job
| Item | Value | Distance |
|---|---|---|
| SKYLINE NATIONAL BANK | $141.8 m · 75.5% share · 5 offices | |
| Carter Bank & Trust | $46.1 m · 24.5% share · 1 office | |
| Grayson, VA | $117.7 m FY2026 · $38,608/job | |
| MULTIPLE RECIPIENTS | $109.2 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| SKYLINE NATIONAL BANK | $141,786,000 | 75.5% | 5 |
| Carter Bank & Trust | $46,134,000 | 24.5% | 1 |
Deposit concentration is 6,295 across 2 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 2 banks with deposits in the county = 75.5² + 24.5² = 6,295
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 | $101,382,203 |
| Department of Veterans Affairs | $7,722,171 |
| Department of Agriculture | $7,713,431 |
| Federal Communications Commission | $384,867 |
| Department of Housing and Urban Development | $170,736 |
| Department of Transportation | $155,805 |
| Railroad Retirement Board | $113,168 |
| Department of Health and Human Services | $29,549 |
| Small Business Administration | $6,413 |
That is $38,608 per covered job, against 3,048 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $117.7 m / 3,048 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $38,608
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 | 12.28 | 2026-10-04 | -0.1% |
| 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 #
Grayson County, VA: 10 findings, 1 at an alert level, 1 at a watch level and 8 noted
alertGrayson County, VA's covered employment is -8.9% 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 = -8.9 <= -3
BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level
watchGrayson County, VA's covered employment is -8.9% 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 = -8.9 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteGrayson County, VA's covered employment was 8.9% 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
- -8.9 % = 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
noteGrayson County, VA's average weekly wage was 3.0% 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
- +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
noteGrayson County, VA's typical home value rose 0.5% from $208,357 in July 2026 to $209,318 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.5% = (209317.6133385918 - 208356.50595071213) / 208356.50595071213 × 100
- 209317.6133385918 = Zillow ZHVI, 2026-08
- 208356.50595071213 = 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.