Prince George County, VA

Home values #

Typical home $357,894 (Aug 2026), +4.1% over one year, +32.4% over five

• 80th pct · 603rd of 3,063 US counties · median $234,566
• 62nd pct · 51st of 133 Virginia counties · median $307,999
• 56th pct · 8th of 17 counties in the Richmond metro · median $352,207

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 $1,526/mo (Aug 2026), n/a over one year; price-to-rent 19.5

• 52nd pct · 659th of 1,399 US counties · median $1,496
• 24th pct · 60th of 79 Virginia counties · median $1,757
• 20th pct · 9th of 11 counties in the Richmond metro · median $1,801

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 $1,959 a month on $357,894 at 7.28%, against an average weekly wage worth $5,629 a month: 34.8% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $357,894 × 80% = $286,315, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,959/mo principal and interest
• wage share = payment / (avg weekly wage $1,299 × 52 / 12 = $5,629) = 35% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $357,894 / ($1,299 × 52) = 5.3
• price-to-rent = $357,894 / ($1,526 × 12) = 19.5

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 #

15,520 jobs at 721 employers (2026 Q1); -0.3% jobs and +4.4% average weekly wage over the year

• 65th pct · 1,110th of 3,221 US counties · median 8,232
• 67th pct · 44th of 133 Virginia counties · median 9,944
• 68th pct · 6th of 17 counties in the Richmond metro · median 9,487

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 #

84 gauges · 0 flooding · 9 with quality panels averaging 96 % · 8 stale

Sites found: 84, 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 #

177 wells in 0 named aquifers:

Sites found: 177, 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 #

low (0.02)

Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.04 / 0.55

Banks & federal dollars #

$243.3 m in deposits at 3 offices of 3 banks (SOD June 2026); HHI 4,224, highly concentrated. $498.7 m federal obligations in FY2026 (contracts $254.1 m, direct payments $233.8 m), $32,132 per covered job

Deposit concentration is 4,224 across 3 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.

HHI = Σ (share %)² over 3 banks with deposits in the county = 55.5² + 31.1² + 13.4² = 4,224

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.

That is $32,132 per covered job, against 15,520 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $498.7 m / 15,520 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $32,132

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.

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 #

Prince George County, VA: 6 findings, 1 at a watch level and 5 noted

1. watchPrince George County, VA's covered employment is -0.3% 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 = -0.3 < 0

   BLS QCEW over-the-year percent change, as published; not an official level

2. notePrince George County, VA's average weekly wage was 4.4% 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

   • +4.4 % = 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

3. notePrince George County, VA's typical asking rent rose 1.0% from $1,511 in July 2026 to $1,526 in August 2026, on Zillow ZORI.

   Period 2026-08.
   Show the arithmetic

   • +1.0% = (1526.388888888889 - 1510.892848416984) / 1510.892848416984 × 100
   • 1526.388888888889 = Zillow ZORI, 2026-08
   • 1510.892848416984 = Zillow ZORI, 2026-07

4. notePrince George County, VA's covered employment was 0.3% 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

   • -0.3 % = 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

5. noteThe next Zillow ZHVI typical home value (monthly) covering Prince George County, VA is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.

   Show the arithmetic

   • window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern

   estimated from the publisher's past release pattern; not an announced date

Read all 6 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.