Falls Church city, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 38.88, -77.18.
Assembled 2026-10-06. Read the brief.
- 99th pct · 14th of 3,063 US counties · median $234,566
- 100th pct · 1st of 133 Virginia counties · median $307,999
- 100th pct · 1st of 23 counties in the Washington-Arlington-Alexandria metro · median $568,558
- 71st pct · 878th of 3,063 US counties · median +2.9%
- 78th pct · 30th of 133 Virginia counties · median +2.9%
- 100th pct · 1st of 23 counties in the Washington-Arlington-Alexandria metro · median +1.4%
- 95th pct · 62nd of 1,399 US counties · median $1,496
- 97th pct · 3rd of 79 Virginia counties · median $1,757
- 90th pct · 3rd of 22 counties in the Washington-Arlington-Alexandria metro · median $2,260
- 59th pct · 1,314th of 3,221 US counties · median 8,232
- 59th pct · 55th of 133 Virginia counties · median 9,944
- 13th pct · 20th of 23 counties in the Washington-Arlington-Alexandria metro · median 38,075
- 94th pct · 167th of 3,221 US counties · median $1,039
- 90th pct · 13th of 133 Virginia counties · median $1,048
- 68th pct · 8th of 23 counties in the Washington-Arlington-Alexandria metro · median $1,341
- 99th pct · 23rd of 3,063 US counties · median 4.3
- 100th pct · 1st of 133 Virginia counties · median 5.4
- 100th pct · 1st of 23 counties in the Washington-Arlington-Alexandria metro · median 7.1
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 $1.2 m (Aug 2026), +4.9% over one year, +24.6% over five
- 99th pct · 14th of 3,063 US counties · median $234,566
- 100th pct · 1st of 133 Virginia counties · median $307,999
- 100th pct · 1st of 23 counties in the Washington-Arlington-Alexandria metro · median $568,558
| Item | Value | Distance |
|---|---|---|
| Falls Church city, VA | $1.2 m · +4.9% 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 $2,617/mo (Aug 2026), +1.9% over one year; price-to-rent 37.1
- 95th pct · 62nd of 1,399 US counties · median $1,496
- 97th pct · 3rd of 79 Virginia counties · median $1,757
- 90th pct · 3rd of 22 counties in the Washington-Arlington-Alexandria metro · median $2,260
| Item | Value | Distance |
|---|---|---|
| Falls Church city, VA | $2,617/mo · +1.9% 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 $6,371 a month on $1,163,973 at 7.28%, against an average weekly wage worth $6,972 a month: 91.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $1.2 m × 80% = $931,178, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $6,371/mo principal and interest
- wage share = payment / (avg weekly wage $1,609 × 52 / 12 = $6,972) = 91% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $1.2 m / ($1,609 × 52) = 13.9
- price-to-rent = $1.2 m / ($2,617 × 12) = 37.1
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 #
12,118 jobs at 1,069 employers (2026 Q1); -1.9% jobs and 0.0% average weekly wage over the year
- 59th pct · 1,314th of 3,221 US counties · median 8,232
- 59th pct · 55th of 133 Virginia counties · median 9,944
- 13th pct · 20th of 23 counties in the Washington-Arlington-Alexandria metro · median 38,075
| Item | Value | Distance |
|---|---|---|
| Falls Church city, VA | 12,118 jobs · $1,609/wk · -1.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 1,922 | $1,368 | 1.05 | -0.6% |
| Accommodation and food services | 1,604 | $590 | 1.47 | +9.3% |
| Retail trade | 1,381 | $983 | 1.17 | +16.5% |
| Professional and technical services | 1,128 | $2,468 | 1.35 | -6.9% |
| Other services | 644 | $1,247 | 1.78 | +4.2% |
| Educational services | 631 | $469 | 2.42 | -0.5% |
| Real estate and rental | 364 | $1,644 | 1.96 | -10.1% |
| Information | 352 | $1,993 | 1.58 | +3.5% |
| Construction | 318 | $2,140 | 0.50 | -31.9% |
| Arts, entertainment and recreation | 304 | $367 | 1.52 | -3.2% |
| Finance and insurance | 279 | $2,309 | 0.57 | +7.3% |
| Administrative and waste services | 170 | $1,845 | 0.25 | -13.7% |
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 #
Surface water layer not loaded
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 #
Surface water layer not loaded
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 #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$601.2 m in deposits at 5 offices of 5 banks (SOD June 2026); HHI 3,221, highly concentrated. $123.8 m federal obligations in FY2026 (direct payments $75.7 m, contracts $43.9 m), $10,212 per covered job
| Item | Value | Distance |
|---|---|---|
| Truist Bank | $278.6 m · 46.3% share · 1 office | |
| Wells Fargo Bank, National Association | $151.7 m · 25.2% share · 1 office | |
| Burke & Herbert Bank & Trust Company | $118.6 m · 19.7% share · 1 office | |
| Falls Church (City), VA | $123.8 m FY2026 · $10,212/job | |
| MULTIPLE RECIPIENTS | $75.7 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Truist Bank | $278,602,000 | 46.3% | 1 |
| Wells Fargo Bank, National Association | $151,652,000 | 25.2% | 1 |
| Burke & Herbert Bank & Trust Company | $118,593,000 | 19.7% | 1 |
| Manufacturers and Traders Trust Company | $39,214,000 | 6.5% | 1 |
| JPMorgan Chase Bank, National Association | $13,110,000 | 2.2% | 1 |
Deposit concentration is 3,221 across 5 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 5 banks with deposits in the county = 46.3² + 25.2² + 19.7² + … (2 more) = 3,221
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 | $63,801,419 |
| Department of Defense | $15,584,007 |
| Department of Health and Human Services | $13,297,384 |
| Department of Veterans Affairs | $11,500,713 |
| Department of Transportation | $9,275,753 |
| Department of the Treasury | $3,782,892 |
| Department of Homeland Security | $1,752,120 |
| Department of the Interior | $1,234,207 |
| Department of Education | $1,091,895 |
| Railroad Retirement Board | $925,450 |
| Department of Agriculture | $618,626 |
| National Aeronautics and Space Administration | $374,841 |
That is $10,212 per covered job, against 12,118 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $123.8 m / 12,118 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $10,212
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 | -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 #
Falls Church city, VA: 19 findings, 5 at a watch level and 14 noted
watchFalls Church city, VA's price-to-rent ratio is 37.1, a watch level here: typical home value worth 25 or more years of typical rent (typical home value / (typical rent × 12), Zillow ZHVI over ZORI, same month; 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 2026-08.Show the arithmetic
- test: priceToRent = 37.06126504663329 >= 25
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
typical home value / (typical rent × 12), Zillow ZHVI over ZORI, same month; convention chosen for this dashboard, not an official level
watchFalls Church city, VA's price-to-rent ratio of 37.1 ranks 4th of 1,399 US counties, a watch level here: price-to-rent in the top tenth of US counties (position among the counties that published both ZHVI and ZORI this month; 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: priceToRent percentile = 99.78540772532189 >= 90
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the counties that published both ZHVI and ZORI this month; not an official level
watchFalls Church city, VA's years of wages of 13.9 ranks 23rd 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 = 99.2815153494448 >= 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
watchFalls Church city, VA's years of wages is 13.9, a watch level here: typical home value worth 10 or more years of one average covered wage (typical home value / (average weekly wage × 52), one average covered job rather than a household; 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 2026-08.Show the arithmetic
- test: yearsOfWages = 13.911806535481468 >= 10
- typical home value / (average weekly wage × 52); one average covered job, not a household
typical home value / (average weekly wage × 52), one average covered job rather than a household; convention chosen for this dashboard, not an official level
watchFalls Church city, VA's covered employment is -1.9% 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 = -1.9 < 0
BLS QCEW over-the-year percent change, as published; not an official level
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.