Harrisonburg city, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 38.44, -78.87.
Assembled 2026-10-07. Read the brief.
- 76th pct · 735th of 3,063 US counties · median $234,566
- 53rd pct · 62nd of 133 Virginia counties · median $307,999
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
- 57th pct · 1,301st of 3,063 US counties · median +2.9%
- 62nd pct · 51st of 133 Virginia counties · median +2.9%
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
- 59th pct · 570th of 1,399 US counties · median $1,496
- 34th pct · 52nd of 79 Virginia counties · median $1,757
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
- 78th pct · 699th of 3,221 US counties · median 8,232
- 80th pct · 27th of 133 Virginia counties · median 9,944
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
- 50th pct · 1,600th of 3,221 US counties · median $1,039
- 48th pct · 69th of 133 Virginia counties · median $1,048
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
- 80th pct · 610th of 3,063 US counties · median 4.3
- 58th pct · 56th of 133 Virginia counties · median 5.4
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
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 $330,678 (Aug 2026), +3.6% over one year, +20.1% over five
- 76th pct · 735th of 3,063 US counties · median $234,566
- 53rd pct · 62nd of 133 Virginia counties · median $307,999
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Harrisonburg city, VA | $330,678 · +3.6% 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 $1,612/mo (Aug 2026), +6.6% over one year; price-to-rent 17.1
- 59th pct · 570th of 1,399 US counties · median $1,496
- 34th pct · 52nd of 79 Virginia counties · median $1,757
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Harrisonburg city, VA | $1,612/mo · +6.6% 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 $1,810 a month on $330,678 at 7.28%, against an average weekly wage worth $4,507 a month: 40.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $330,678 × 80% = $264,542, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,810/mo principal and interest
- wage share = payment / (avg weekly wage $1,040 × 52 / 12 = $4,507) = 40% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $330,678 / ($1,040 × 52) = 6.1
- price-to-rent = $330,678 / ($1,612 × 12) = 17.1
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 #
31,957 jobs at 1,774 employers (2026 Q1); +1.6% jobs and +2.8% average weekly wage over the year
- 78th pct · 699th of 3,221 US counties · median 8,232
- 80th pct · 27th of 133 Virginia counties · median 9,944
- counties in the Harrisonburg metro: Rank context is unavailable: the manifest lists 2 counties in the Harrisonburg metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Harrisonburg city, VA | 31,957 jobs · $1,040/wk · +1.6% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Accommodation and food services | 5,079 | $444 | 1.77 | -2.8% |
| Retail trade | 4,347 | $704 | 1.40 | +0.4% |
| Manufacturing | 3,938 | $1,301 | 1.53 | -1.0% |
| Health care and social assistance | 3,015 | $1,115 | 0.63 | -1.3% |
| Professional and technical services | 1,018 | $1,900 | 0.46 | +0.7% |
| Wholesale trade | 887 | $1,372 | 0.72 | -4.1% |
| Other services | 767 | $769 | 0.80 | +2.7% |
| Finance and insurance | 698 | $2,010 | 0.54 | +2.8% |
| Educational services | 671 | $531 | 0.98 | -0.3% |
| Administrative and waste services | 639 | $955 | 0.35 | +6.9% |
| Real estate and rental | 351 | $1,096 | 0.72 | +6.4% |
| Transportation and warehousing | 323 | $1,288 | 0.24 | -10.8% |
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 #
D1 moderate drought
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 #
moderate (0.25)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.25 / 0.35
Banks & federal dollars #
$2.2 bn in deposits at 24 offices of 14 banks (SOD June 2026); HHI 1,308, moderately concentrated. $204.6 m federal obligations in FY2026 (direct payments $187.2 m, grants $16.9 m), $6,402 per covered job
| Item | Value | Distance |
|---|---|---|
| Truist Bank | $492.4 m · 22.2% share · 3 offices | |
| Wells Fargo Bank, National Association | $430.2 m · 19.4% share · 3 offices | |
| Farmers & Merchants Bank | $264.8 m · 11.9% share · 2 offices | |
| Harrisonburg (City), VA | $204.6 m FY2026 · $6,402/job | |
| MULTIPLE RECIPIENTS | $152.9 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Truist Bank | $492,411,000 | 22.2% | 3 |
| Wells Fargo Bank, National Association | $430,190,000 | 19.4% | 3 |
| Farmers & Merchants Bank | $264,780,000 | 11.9% | 2 |
| United Bank | $215,347,000 | 9.7% | 4 |
| Bank of America, National Association | $199,734,000 | 9.0% | 1 |
| The First Bank and Trust Company | $142,384,000 | 6.4% | 1 |
| Atlantic Union Bank | $114,046,000 | 5.1% | 2 |
| Pendleton Community Bank, Inc. | $100,044,000 | 4.5% | 2 |
| Burke & Herbert Bank & Trust Company | $81,904,000 | 3.7% | 1 |
| First-Citizens Bank & Trust Company | $56,936,000 | 2.6% | 1 |
Deposit concentration is 1,308 across 14 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 14 banks with deposits in the county = 22.2² + 19.4² + 11.9² + … (11 more) = 1,308
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 | $133,433,100 |
| Department of Education | $28,432,359 |
| Department of Veterans Affairs | $19,368,587 |
| Department of Housing and Urban Development | $11,416,510 |
| Department of Transportation | $5,543,111 |
| Department of Health and Human Services | $3,089,472 |
| National Science Foundation | $1,965,362 |
| Department of Agriculture | $1,060,219 |
| Department of Homeland Security | $470,771 |
| Railroad Retirement Board | $205,016 |
| General Services Administration | $99,975 |
| National Endowment for the Humanities | $45,000 |
That is $6,402 per covered job, against 31,957 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $204.6 m / 31,957 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $6,402
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 #
Harrisonburg city, VA: 6 findings, 6 noted
noteHarrisonburg city, VA's average weekly wage was 2.8% 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
- +2.8 % = 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
noteHarrisonburg city, VA's covered employment was 1.6% 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
- +1.6 % = 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
noteHarrisonburg city, VA's typical home value rose 0.3% from $329,576 in July 2026 to $330,678 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.3% = (330677.68187825877 - 329575.6304816345) / 329575.6304816345 × 100
- 330677.68187825877 = Zillow ZHVI, 2026-08
- 329575.6304816345 = Zillow ZHVI, 2026-07
noteThe next Zillow ZHVI typical home value (monthly) covering Harrisonburg city, 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
noteThe next Zillow ZORI typical rent (monthly) covering Harrisonburg city, 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.