Powhatan County, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 37.55, -77.91.
Assembled 2026-10-06. Read the brief.
- 93rd pct · 205th of 3,063 US counties · median $234,566
- 90th pct · 14th of 133 Virginia counties · median $307,999
- 93rd pct · 2nd of 17 counties in the Richmond metro · median $352,207
- 50th pct · 1,505th of 3,063 US counties · median +2.9%
- 53rd pct · 63rd of 133 Virginia counties · median +2.9%
- 43rd pct · 10th of 17 counties in the Richmond metro · median +3.4%
- 79th pct · 284th of 1,399 US counties · median $1,496
- 61st pct · 31st of 79 Virginia counties · median $1,757
- 90th pct · 2nd of 11 counties in the Richmond metro · median $1,801
- 50th pct · 1,583rd of 3,221 US counties · median 8,232
- 45th pct · 73rd of 133 Virginia counties · median 9,944
- 43rd pct · 10th of 17 counties in the Richmond metro · median 9,487
- 58th pct · 1,349th of 3,221 US counties · median $1,039
- 53rd pct · 63rd of 133 Virginia counties · median $1,048
- 25th pct · 13th of 17 counties in the Richmond metro · median $1,211
- 95th pct · 136th of 3,063 US counties · median 4.3
- 95th pct · 7th of 133 Virginia counties · median 5.4
- 100th pct · 1st 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 $497,947 (Aug 2026), +3.0% over one year, +24.0% over five
- 93rd pct · 205th of 3,063 US counties · median $234,566
- 90th pct · 14th of 133 Virginia counties · median $307,999
- 93rd pct · 2nd of 17 counties in the Richmond metro · median $352,207
| Item | Value | Distance |
|---|---|---|
| Powhatan County, VA | $497,947 · +3.0% 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 #
Typical rent $1,921/mo (Aug 2026), n/a over one year; price-to-rent 21.6
- 79th pct · 284th of 1,399 US counties · median $1,496
- 61st pct · 31st of 79 Virginia counties · median $1,757
- 90th pct · 2nd of 11 counties in the Richmond metro · median $1,801
| Item | Value | Distance |
|---|---|---|
| Powhatan County, VA | $1,921/mo · n/a 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 $2,726 a month on $497,947 at 7.28%, against an average weekly wage worth $4,671 a month: 58.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $497,947 × 80% = $398,358, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,726/mo principal and interest
- wage share = payment / (avg weekly wage $1,078 × 52 / 12 = $4,671) = 58% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $497,947 / ($1,078 × 52) = 8.9
- price-to-rent = $497,947 / ($1,921 × 12) = 21.6
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 #
8,466 jobs at 904 employers (2026 Q1); -1.1% jobs and +3.8% average weekly wage over the year
- 50th pct · 1,583rd of 3,221 US counties · median 8,232
- 45th pct · 73rd of 133 Virginia counties · median 9,944
- 43rd pct · 10th of 17 counties in the Richmond metro · median 9,487
| Item | Value | Distance |
|---|---|---|
| Powhatan County, VA | 8,466 jobs · $1,078/wk · -1.1% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Construction | 1,769 | $1,236 | 3.99 | -7.3% |
| Retail trade | 779 | $718 | 0.94 | -5.3% |
| Administrative and waste services | 735 | $1,133 | 1.53 | +9.2% |
| Accommodation and food services | 692 | $443 | 0.91 | +11.3% |
| Professional and technical services | 455 | $1,888 | 0.78 | +0.0% |
| Health care and social assistance | 432 | $925 | 0.34 | +9.1% |
| Other services | 384 | $869 | 1.52 | -11.3% |
| Arts, entertainment and recreation | 318 | $436 | 2.28 | -23.6% |
| Wholesale trade | 300 | $1,346 | 0.93 | +5.3% |
| Manufacturing | 269 | $1,358 | 0.39 | +1.1% |
| Educational services | 174 | $639 | 0.96 | +16.8% |
| Finance and insurance | 169 | $2,408 | 0.49 | +5.6% |
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 #
1 USGS reservoir gauges, no capacity figures to weight
Sites found: 1, 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 |
|---|---|---|
| AFTERBAY RESERVOIR AT DAM NR MCGEHEES MILL, NC | 364.6 ft (USGS, no capacity on file) | 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 #
79 gauges · 0 flooding · 8 with quality panels averaging 98 % · 5 stale
Sites found: 79, 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 |
|---|---|---|
| FINE CREEK AT FINE CREEK MILLS, VA | flow 3.78 ft³/s | 10 km |
| APPOMATTOX RIVER AT MATTOAX, VA | flow 132.0 ft³/s · no flooding | 15 km |
| Flat Creek at Rt 609 near Fieldstown | no readings | 16 km |
| JAMES RIVER AT CARTERSVILLE, VA | flow 1,010 ft³/s · quality 100 % (5) · no flooding | 20 km |
| Swift Creek at Otterdale Rd near Hallsboro | no readings | 21 km |
| Swift Creek Reservoir at Rt 360 near Woodlake | no readings | 26 km |
| TUCKAHOE CREEK AT RIVER RD AT TUCKAHOE VILLAGE, VA | flow 36.4 ft³/s | 26 km |
| Falling Creek at Lucks Lane Near Lake Crystal Farms | no readings | 27 km |
| APPOMATTOX RIVER AT ROUTE 602 NEAR MANNBORO, VA | flow 148.0 ft³/s · no flooding | 28 km |
| Appomattox River near Stony Point Mills | no readings | 29 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 #
24 wells in 0 named aquifers:
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 |
|---|---|---|
| USGS-373146078161201 | depth 35.3 ft · 2026-10-05 | 32 km |
| USGS-372519077264703 | depth 13.8 ft · 1995-09-29 | 44 km |
| USGS-372519077264704 | depth 0.93 ft · 1991-01-22 | 44 km |
| USGS-372519077264701 | depth 10.2 ft · 1991-01-22 | 44 km |
| USGS-372519077264702 | depth 12.5 ft · 1995-07-08 | 44 km |
| USGS-373428077233001 | depth 195.0 ft · 1992-03-25 | 46 km |
| USGS-371122078114401 | depth 19.4 ft · 2026-10-05 | 47 km |
| USGS-373924077223001 | depth 176.8 ft · 2026-10-05 | 49 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 #
$862.9 m in deposits at 7 offices of 6 banks (SOD June 2026); HHI 2,323, highly concentrated. $216.0 m federal obligations in FY2026 (direct payments $215.0 m, grants $553,448), $25,509 per covered job
| Item | Value | Distance |
|---|---|---|
| New Horizon Bank, National Association | $271.9 m · 31.5% share · 1 office | |
| United Bank | $208.5 m · 24.2% share · 2 offices | |
| Citizens and Farmers Bank | $205.9 m · 23.9% share · 1 office | |
| Powhatan, VA | $216.0 m FY2026 · $25,509/job | |
| MULTIPLE RECIPIENTS | $215.0 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| New Horizon Bank, National Association | $271,937,000 | 31.5% | 1 |
| United Bank | $208,523,000 | 24.2% | 2 |
| Citizens and Farmers Bank | $205,887,000 | 23.9% | 1 |
| Wells Fargo Bank, National Association | $84,523,000 | 9.8% | 1 |
| TowneBank | $75,764,000 | 8.8% | 1 |
| Citizens Bank and Trust Company | $16,286,000 | 1.9% | 1 |
Deposit concentration is 2,323 across 6 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 6 banks with deposits in the county = 31.5² + 24.2² + 23.9² + … (3 more) = 2,323
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 | $189,312,310 |
| Department of Veterans Affairs | $24,756,450 |
| Railroad Retirement Board | $1,171,785 |
| Department of Justice | $349,240 |
| Department of Transportation | $204,208 |
| Department of Agriculture | $125,642 |
| Department of Health and Human Services | $36,145 |
| Small Business Administration | $0 |
That is $25,509 per covered job, against 8,466 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $216.0 m / 8,466 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $25,509
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 #
Powhatan County, VA: 13 findings, 2 at a watch level and 11 noted
watchPowhatan County, VA's years of wages of 8.9 ranks 136th 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 = 95.59111691704769 >= 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
watchPowhatan County, VA's covered employment is -1.1% 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 = -1.1 < 0
BLS QCEW over-the-year percent change, as published; not an official level
notePowhatan County, VA's average weekly wage was 3.8% 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
- +3.8 % = 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
notePowhatan County, VA's covered employment was 1.1% 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
- -1.1 % = 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
notePowhatan County, VA's typical asking rent fell 0.6% from $1,933 in July 2026 to $1,921 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- -0.6% = (1920.5555555555557 - 1933.0575431941222) / 1933.0575431941222 × 100
- 1920.5555555555557 = Zillow ZORI, 2026-08
- 1933.0575431941222 = Zillow ZORI, 2026-07
Read all 12 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.