Hanover County, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 37.76, -77.49.
Assembled 2026-10-07. Read the brief.
- 91st pct · 270th of 3,063 US counties · median $234,566
- 82nd pct · 24th of 133 Virginia counties · median $307,999
- 87th pct · 3rd of 17 counties in the Richmond metro · median $352,207
- 58th pct · 1,286th of 3,063 US counties · median +2.9%
- 64th pct · 48th of 133 Virginia counties · median +2.9%
- 56th pct · 8th of 17 counties in the Richmond metro · median +3.4%
- 85th pct · 197th of 1,399 US counties · median $1,496
- 73rd pct · 22nd of 79 Virginia counties · median $1,757
- 100th pct · 1st of 11 counties in the Richmond metro · median $1,801
- 85th pct · 460th of 3,221 US counties · median 8,232
- 89th pct · 15th of 133 Virginia counties · median 9,944
- 81st pct · 4th of 17 counties in the Richmond metro · median 9,487
- 72nd pct · 896th of 3,221 US counties · median $1,039
- 65th pct · 47th of 133 Virginia counties · median $1,048
- 43rd pct · 10th of 17 counties in the Richmond metro · median $1,211
- 91st pct · 262nd of 3,063 US counties · median 4.3
- 84th pct · 21st of 133 Virginia counties · median 5.4
- 87th pct · 3rd of 17 counties in the Richmond metro · median 4.7
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 $459,424 (Aug 2026), +3.7% over one year, +28.3% over five
- 91st pct · 270th of 3,063 US counties · median $234,566
- 82nd pct · 24th of 133 Virginia counties · median $307,999
- 87th pct · 3rd of 17 counties in the Richmond metro · median $352,207
| Item | Value | Distance |
|---|---|---|
| Hanover County, VA | $459,424 · +3.7% 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 $2,067/mo (Aug 2026), +3.8% over one year; price-to-rent 18.5
- 85th pct · 197th of 1,399 US counties · median $1,496
- 73rd pct · 22nd of 79 Virginia counties · median $1,757
- 100th pct · 1st of 11 counties in the Richmond metro · median $1,801
| Item | Value | Distance |
|---|---|---|
| Hanover County, VA | $2,067/mo · +3.8% 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 $2,515 a month on $459,424 at 7.28%, against an average weekly wage worth $5,053 a month: 49.8% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $459,424 × 80% = $367,539, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,515/mo principal and interest
- wage share = payment / (avg weekly wage $1,166 × 52 / 12 = $5,053) = 50% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $459,424 / ($1,166 × 52) = 7.6
- price-to-rent = $459,424 / ($2,067 × 12) = 18.5
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 #
57,813 jobs at 4,273 employers (2026 Q1); +2.4% jobs and +3.2% average weekly wage over the year
- 85th pct · 460th of 3,221 US counties · median 8,232
- 89th pct · 15th of 133 Virginia counties · median 9,944
- 81st pct · 4th of 17 counties in the Richmond metro · median 9,487
| Item | Value | Distance |
|---|---|---|
| Hanover County, VA | 57,813 jobs · $1,166/wk · +2.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 7,683 | $872 | 1.36 | +1.1% |
| Construction | 6,805 | $1,436 | 2.25 | +6.7% |
| Health care and social assistance | 6,777 | $1,326 | 0.78 | -0.8% |
| Wholesale trade | 5,226 | $1,674 | 2.36 | +0.0% |
| Accommodation and food services | 3,959 | $482 | 0.76 | +1.6% |
| Administrative and waste services | 3,870 | $842 | 1.18 | +1.6% |
| Manufacturing | 3,380 | $1,397 | 0.73 | -0.4% |
| Professional and technical services | 2,304 | $1,682 | 0.58 | -6.3% |
| Arts, entertainment and recreation | 2,025 | $470 | 2.13 | +9.3% |
| Other services | 1,785 | $977 | 1.03 | +1.8% |
| Educational services | 945 | $943 | 0.76 | +1.7% |
| Real estate and rental | 837 | $1,145 | 0.94 | +21.5% |
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 #
No drought class at this point (USDM covers the United States only)
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 #
No reservoir gauges within 150 km (or the camera is above the gauge altitude)
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 #
80 gauges · 0 flooding · 15 with quality panels averaging 97 % · 10 stale
Sites found: 80, 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 |
|---|---|---|
| JAMES RIVER ABV WEYANOKE POINT NR CHARLES CITY, VA | flow 5,170 ft³/s · quality 80 % (5) · out of service · STALE | 63 km |
| MECHUMPS CREEK AT HILL CARTER PKWY AT ASHLAND, VA | flow 0.29 ft³/s · quality 80 % (5) · STALE | 3 km |
| SOUTH ANNA RIVER NEAR ASHLAND, VA | flow 62.2 ft³/s · no flooding | 6 km |
| NORTH ANNA RIVER ABOVE LITTLE RIVER NR DOSWELL, VA | flow 626.0 ft³/s · observation not current · STALE | 9 km |
| CHICKAHOMINY R TRIB AT ATLEE EX NR GREENWOOD, VA | flow 0.00 ft³/s · STALE | 9 km |
| NORTH RUN AT OLD WASHINGTON HWY AT GLEN ALLEN, VA | stage 1.03 ft | 10 km |
| NORTH RUN AT MOUNTAIN ROAD AT GLEN ALLEN, VA | stage 1.38 ft | 11 km |
| NORTH ANNA RIVER AT HART CORNER NEAR DOSWELL, VA | flow 80.6 ft³/s | 11 km |
| LITTLE RIVER NEAR DOSWELL, VA | flow 14.3 ft³/s · quality 100 % (2) | 13 km |
| PAMUNKEY RIVER NEAR HANOVER, VA | flow 141.0 ft³/s · quality 100 % (5) | 14 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 #
74 wells in 0 named aquifers:
Sites found: 74, 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-373924077223001 | depth 176.6 ft · 2026-10-06 | 15 km |
| USGS-373924077223002 | depth 176.4 ft · 2026-10-06 | 15 km |
| USGS-373924077223003 | depth 14.6 ft · 2026-10-06 | 15 km |
| USGS-373428077233001 | depth 195.0 ft · 1992-03-25 | 22 km |
| USGS-374441077121802 | depth 191.1 ft · 2026-10-06 | 25 km |
| USGS-374441077121803 | depth 202.9 ft · 2026-10-06 | 25 km |
| USGS-374441077121804 | depth 192.0 ft · 2026-10-06 | 25 km |
| USGS-374441077121805 | depth 61.8 ft · 2026-10-06 | 25 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 (0.01)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.03 / 0.55
Banks & federal dollars #
$3.0 bn in deposits at 28 offices of 13 banks (SOD June 2026); HHI 1,496, moderately concentrated. $771.9 m federal obligations in FY2026 (direct payments $743.9 m, contracts $14.8 m), $13,352 per covered job
| Item | Value | Distance |
|---|---|---|
| Atlantic Union Bank | $763.0 m · 25.2% share · 4 offices | |
| Truist Bank | $563.3 m · 18.6% share · 3 offices | |
| Wells Fargo Bank, National Association | $415.3 m · 13.7% share · 4 offices | |
| Hanover, VA | $771.9 m FY2026 · $13,352/job | |
| MULTIPLE RECIPIENTS | $737.2 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Atlantic Union Bank | $762,975,000 | 25.2% | 4 |
| Truist Bank | $563,295,000 | 18.6% | 3 |
| Wells Fargo Bank, National Association | $415,273,000 | 13.7% | 4 |
| Primis Bank | $386,002,000 | 12.7% | 3 |
| TowneBank | $292,873,000 | 9.7% | 3 |
| Bank of America, National Association | $196,828,000 | 6.5% | 2 |
| United Bank | $92,038,000 | 3.0% | 1 |
| SouthState Bank, National Association | $75,831,000 | 2.5% | 1 |
| Citizens and Farmers Bank | $71,897,000 | 2.4% | 1 |
| The First Bank and Trust Company | $69,132,000 | 2.3% | 1 |
Deposit concentration is 1,496 across 13 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 13 banks with deposits in the county = 25.2² + 18.6² + 13.7² + … (10 more) = 1,496
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 | $660,298,976 |
| Department of Veterans Affairs | $72,029,732 |
| Department of Transportation | $10,519,037 |
| Department of Defense | $7,415,657 |
| Railroad Retirement Board | $5,238,331 |
| Department of Commerce | $4,465,367 |
| Department of Education | $3,671,239 |
| Department of Justice | $2,434,895 |
| Department of Agriculture | $2,192,539 |
| Department of Housing and Urban Development | $1,462,710 |
| Department of Homeland Security | $1,172,702 |
| Department of Health and Human Services | $543,839 |
That is $13,352 per covered job, against 57,813 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $771.9 m / 57,813 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $13,352
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 | 3.00 | 2026-10-06 | -50.0% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| 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 #
Hanover County, VA: 10 findings, 1 at a watch level and 9 noted
watchHanover County, VA's years of wages of 7.6 ranks 262nd of 3,063 US counties, a watch level here: years of wages in the top tenth of US counties (position among the counties that published both a ZHVI value and a QCEW average weekly wage; 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: yearsOfWages percentile = 91.47615937295885 >= 90
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the counties that published both a ZHVI value and a QCEW average weekly wage; not an official level
noteHanover County, VA's average weekly wage was 3.2% 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
- +3.2 % = 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
noteHanover County, VA's covered employment was 2.4% 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
- +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
noteHanover County, VA's typical asking rent rose 0.6% from $2,054 in July 2026 to $2,067 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.6% = (2067.3047930283224 - 2054.417437393177) / 2054.417437393177 × 100
- 2067.3047930283224 = Zillow ZORI, 2026-08
- 2054.417437393177 = Zillow ZORI, 2026-07
noteHanover County, VA's typical home value rose 0.3% from $457,992 in July 2026 to $459,424 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.3% = (459424.0451973859 - 457992.0048743422) / 457992.0048743422 × 100
- 459424.0451973859 = Zillow ZHVI, 2026-08
- 457992.0048743422 = 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.