Elmore County, AL
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 32.60, -86.14.
Assembled 2026-10-20. Read the brief.
- 63rd pct · 1,123rd of 3,063 US counties · median $230,451
- 90th pct · 7th of 67 Alabama counties · median $177,293
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 67th pct · 991st of 3,062 US counties · median +2.9%
- 78th pct · 15th of 67 Alabama counties · median +2.4%
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 46th pct · 729th of 1,358 US counties · median $1,506
- 65th pct · 10th of 27 Alabama counties · median $1,378
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 73rd pct · 850th of 3,221 US counties · median 8,232
- 69th pct · 21st of 67 Alabama counties · median 10,118
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 39th pct · 1,930th of 3,221 US counties · median $1,039
- 40th pct · 40th of 67 Alabama counties · median $1,024
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 69th pct · 933rd of 3,063 US counties · median 4.2
- 96th pct · 3rd of 67 Alabama counties · median 3.3
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery 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 $272,853 (Sep 2026), +4.3% over one year, +26.1% over five
- 63rd pct · 1,123rd of 3,063 US counties · median $230,451
- 90th pct · 7th of 67 Alabama counties · median $177,293
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Elmore County, AL | $272,853 · +4.3% 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 $1,465/mo (Sep 2026), +4.5% over one year; price-to-rent 15.5
- 46th pct · 729th of 1,358 US counties · median $1,506
- 65th pct · 10th of 27 Alabama counties · median $1,378
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Elmore County, AL | $1,465/mo · +4.5% 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 $1,511 a month on $272,853 at 7.40%, against an average weekly wage worth $4,312 a month: 35.1% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $272,853 × 80% = $218,282, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,511/mo principal and interest
- wage share = payment / (avg weekly wage $995 × 52 / 12 = $4,312) = 35% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $272,853 / ($995 × 52) = 5.3
- price-to-rent = $272,853 / ($1,465 × 12) = 15.5
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 #
22,736 jobs at 1,988 employers (2026 Q1); +4.2% jobs and +4.3% average weekly wage over the year
- 73rd pct · 850th of 3,221 US counties · median 8,232
- 69th pct · 21st of 67 Alabama counties · median 10,118
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Elmore County, AL | 22,736 jobs · $995/wk · +4.2% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 4,059 | $649 | 1.83 | +2.2% |
| Accommodation and food services | 3,405 | $408 | 1.67 | +3.8% |
| Manufacturing | 2,369 | $1,417 | 1.30 | +4.1% |
| Health care and social assistance | 2,326 | $871 | 0.68 | -2.1% |
| Professional and technical services | 1,298 | $2,315 | 0.83 | +21.6% |
| Construction | 1,187 | $1,232 | 1.00 | +6.8% |
| Administrative and waste services | 673 | $799 | 0.52 | +27.9% |
| Finance and insurance | 570 | $1,883 | 0.62 | +5.6% |
| Other services | 513 | $849 | 0.76 | -1.2% |
| Arts, entertainment and recreation | 366 | $327 | 0.98 | +1.9% |
| Wholesale trade | 313 | $1,433 | 0.36 | +8.3% |
| Educational services | 300 | $708 | 0.61 | +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 #
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 #
2 USGS reservoir gauges, no capacity figures to weight
Sites found: 2, 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 |
|---|---|---|
| WEST POINT LAKE NEAR WEST POINT, GA | 625.1 ft (USGS, no capacity on file) | 96 km |
| WALTER F. GEORGE RESERVOIR NEAR FORT GAINES, GA | 187.5 ft (USGS, no capacity on file) | 148 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 #
27 gauges · 0 flooding · 2 with quality panels averaging 100 % · 3 stale
Sites found: 27, 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 |
|---|---|---|
| COOSA RIVER AT HWY 14 NEAR WETUMPKA, AL | flow 3,860 ft³/s | 7 km |
| COOSA RIVER AT WETUMPKA AL | stage 12.3 ft · no flooding | 9 km |
| Coosa River at Jordan Dam | no readings | 11 km |
| TALLAPOOSA RIVER NEAR MONT.-MONT. WATER WORKS | flow 1,670 ft³/s · quality 100 % (2) · no flooding | 18 km |
| Tallapoosa River at Martin Dam | no flooding | 24 km |
| Tallapoosa River at Yates Dam | no readings | 24 km |
| CUBAHATCHEE CREEK AT US 80 NEAR SHORTER, AL | flow 21.9 ft³/s · STALE | 28 km |
| ALABAMA RIVER AT MONTGOMERY AL | stage 22.8 ft · no flooding | 28 km |
| TALLAPOOSA RIVER AT MILSTEAD AL | stage 2.18 ft · no flooding | 28 km |
| ALABAMA RIVER NEAR MONTGOMERY, AL. | flow 10,300 ft³/s | 32 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 #
2 wells in 0 named aquifers:
Sites found: 2, 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-322500085551201 | depth 11.3 ft · 2025-06-11 | 29 km |
| USGS-322047086214301 | depth 24.5 ft · 2025-05-09 | 35 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 (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.00 / 0.55
Banks & federal dollars #
$1.3 bn in deposits at 21 offices of 10 banks (SOD June 2026); HHI 2,542, highly concentrated. $654.5 m federal obligations in FY2026 (direct payments $637.4 m, grants $16.5 m), $28,786 per covered job
| Item | Value | Distance |
|---|---|---|
| First Community Bank of Central Alabama | $558.1 m · 44.0% share · 7 offices | |
| River Bank & Trust | $225.9 m · 17.8% share · 2 offices | |
| Regions Bank | $135.6 m · 10.7% share · 2 offices | |
| Elmore, AL | $654.5 m FY2026 · $28,786/job | |
| MULTIPLE RECIPIENTS | $632.5 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First Community Bank of Central Alabama | $558,099,000 | 44.0% | 7 |
| River Bank & Trust | $225,937,000 | 17.8% | 2 |
| Regions Bank | $135,572,000 | 10.7% | 2 |
| Valley National Bank | $103,169,000 | 8.1% | 2 |
| Trustmark Bank | $91,343,000 | 7.2% | 2 |
| CB&S Bank, Inc. | $89,592,000 | 7.1% | 2 |
| Truist Bank | $33,648,000 | 2.7% | 1 |
| PNC Bank, National Association | $26,536,000 | 2.1% | 1 |
| Marion Community Bank | $4,442,000 | 0.3% | 1 |
| Woodforest National Bank | $1,339,000 | 0.1% | 1 |
Deposit concentration is 2,542 across 10 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 10 banks with deposits in the county = 44.0² + 17.8² + 10.7² + … (7 more) = 2,542
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 | $470,340,071 |
| Department of Veterans Affairs | $156,989,386 |
| Department of Transportation | $15,047,125 |
| Railroad Retirement Board | $5,328,396 |
| Department of Agriculture | $3,586,090 |
| Federal Communications Commission | $1,412,790 |
| Department of Housing and Urban Development | $1,324,160 |
| Department of Education | $374,214 |
| Department of Defense | $52,022 |
| Department of Health and Human Services | $19,897 |
| Small Business Administration | $0 |
| Department of Justice | $0 |
That is $28,786 per covered job, against 22,736 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $654.5 m / 22,736 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $28,786
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 | 17.95 | 2026-10-18 | -2.6% |
| 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 · % | 72.20 | 2026-10-19 | +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 | 7.00 | 2026-10-13 | +133.3% |
| 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 | 101.91 | 2026-10-14 | +1.0% |
| 30-year fixed mortgage rate · % | 7.40 | 2026-10-15 | +0.0% |
| 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 | 652,115.00 | 2026-09-01 | +0.7% |
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 #
Elmore County, AL: 12 findings, 1 at a watch level and 11 noted
watchElmore County, AL's price-to-rent ratio of 15.5 scores 35 on the 0-to-100 scale across US counties but 65 across Alabama counties, a gap of 31 points.
Period 2026-09.Show the arithmetic
- 31 = |35 across US counties - 65 across Alabama counties|
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the entities that published this metric this period; not an official level
noteElmore County, AL's average weekly wage was 4.3% 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
- +4.3 % = 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
noteElmore County, AL's covered employment was 4.2% 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
- +4.2 % = 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
noteElmore County, AL's typical asking rent rose 0.5% from $1,458 in August 2026 to $1,465 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- +0.5% = (1464.878787878788 - 1457.9611290298121) / 1457.9611290298121 × 100
- 1464.878787878788 = Zillow ZORI, 2026-09
- 1457.9611290298121 = Zillow ZORI, 2026-08
noteElmore County, AL's momentum index of 0.68 ranks 2nd of 67 Alabama counties, against a median of 0.26.
Period 2026-09.Show the arithmetic
- 98 on the 0-to-100 scale across 67 Alabama counties that published momentum
- momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)
position among the entities that published this metric this period; 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.