Arapahoe County, CO
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 39.64, -104.33.
Assembled 2026-10-19. Read the brief.
- 93rd pct · 196th of 3,063 US counties · median $230,451
- 60th pct · 25th of 62 Colorado counties · median $448,803
- 11th pct · 9th of 10 counties in the Denver-Aurora-Centennial metro · median $541,224
- 9th pct · 2,768th of 3,062 US counties · median +2.9%
- 16th pct · 52nd of 62 Colorado counties · median -0.4%
- 22nd pct · 8th of 10 counties in the Denver-Aurora-Centennial metro · median -1.7%
- 72nd pct · 378th of 1,358 US counties · median $1,506
- 34th pct · 22nd of 33 Colorado counties · median $1,931
- 0th pct · 8th of 8 counties in the Denver-Aurora-Centennial metro · median $1,944
- 97th pct · 86th of 3,221 US counties · median 8,232
- 98th pct · 2nd of 64 Colorado counties · median 4,853
- 88th pct · 2nd of 10 counties in the Denver-Aurora-Centennial metro · median 94,239
- 98th pct · 62nd of 3,221 US counties · median $1,039
- 95th pct · 4th of 64 Colorado counties · median $1,075
- 77th pct · 3rd of 10 counties in the Denver-Aurora-Centennial metro · median $1,619
- 65th pct · 1,057th of 3,063 US counties · median 4.2
- 29th pct · 44th of 62 Colorado counties · median 6.4
- 22nd pct · 8th of 10 counties in the Denver-Aurora-Centennial metro · median 6.8
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 $499,630 (Sep 2026), -2.1% over one year, +3.0% over five
- 93rd pct · 196th of 3,063 US counties · median $230,451
- 60th pct · 25th of 62 Colorado counties · median $448,803
- 11th pct · 9th of 10 counties in the Denver-Aurora-Centennial metro · median $541,224
| Item | Value | Distance |
|---|---|---|
| Arapahoe County, CO | $499,630 · -2.1% 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 $1,798/mo (Sep 2026), -0.8% over one year; price-to-rent 23.2
- 72nd pct · 378th of 1,358 US counties · median $1,506
- 34th pct · 22nd of 33 Colorado counties · median $1,931
- 0th pct · 8th of 8 counties in the Denver-Aurora-Centennial metro · median $1,944
| Item | Value | Distance |
|---|---|---|
| Arapahoe County, CO | $1,798/mo · -0.8% 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 $2,767 a month on $499,630 at 7.40%, against an average weekly wage worth $8,359 a month: 33.1% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $499,630 × 80% = $399,704, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,767/mo principal and interest
- wage share = payment / (avg weekly wage $1,929 × 52 / 12 = $8,359) = 33% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $499,630 / ($1,929 × 52) = 5.0
- price-to-rent = $499,630 / ($1,798 × 12) = 23.2
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 #
339,426 jobs at 27,362 employers (2026 Q1); +0.6% jobs and +4.6% average weekly wage over the year
- 97th pct · 86th of 3,221 US counties · median 8,232
- 98th pct · 2nd of 64 Colorado counties · median 4,853
- 88th pct · 2nd of 10 counties in the Denver-Aurora-Centennial metro · median 94,239
| Item | Value | Distance |
|---|---|---|
| Arapahoe County, CO | 339,426 jobs · $1,929/wk · +0.6% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 56,592 | $1,383 | 1.11 | +8.0% |
| Professional and technical services | 36,238 | $2,834 | 1.55 | -5.5% |
| Retail trade | 30,307 | $964 | 0.92 | -3.1% |
| Accommodation and food services | 24,673 | $636 | 0.81 | -2.8% |
| Construction | 24,369 | $2,021 | 1.37 | +3.4% |
| Finance and insurance | 22,657 | $3,660 | 1.64 | +1.4% |
| Administrative and waste services | 21,549 | $1,394 | 1.12 | -4.7% |
| Information | 16,213 | $3,651 | 2.59 | +8.5% |
| Wholesale trade | 13,947 | $3,059 | 1.07 | -2.1% |
| Other services | 9,593 | $1,229 | 0.95 | -2.4% |
| Management of companies | 8,321 | $3,830 | 1.46 | -6.7% |
| Manufacturing | 8,242 | $1,806 | 0.30 | -1.2% |
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 #
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 #
60 gauges · 0 flooding · 3 with quality panels averaging 96 % · 13 stale
Sites found: 60, 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 |
|---|---|---|
| SENAC CR AT N BDR SLUDGE AREA, NR AURORA, CO DUP1 | flow 0.00 ft³/s · STALE | 30 km |
| West Toll Gate Creek (CO) at Aurora | no flooding | 38 km |
| East Toll Gate Creek (CO) at Aurora | no flooding | 40 km |
| USGS-393109104464500 | flow 16.2 ft³/s · no flooding | 41 km |
| USGS-394329104490101 | flow 1.22 ft³/s | 43 km |
| FIRST CR BEL BUCKLEY RD, AT ROCKY MTN ARSENAL, CO | flow 1.78 ft³/s | 44 km |
| Sand Creek (CO) at Aurora | observation not current | 45 km |
| Cherry Creek (CO) at Cherry Creek Reservoir | no flooding | 45 km |
| CHERRY CREEK BELOW CHERRY CREEK LAKE, CO | flow 12.1 ft³/s | 45 km |
| UVALDA INTERCEPT BL 56TH AV AT ROCKY MTN ARS, CO | flow 0.13 ft³/s · STALE | 46 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 #
36 wells in 0 named aquifers:
Sites found: 36, 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-393350104151701 | level 5,473 ft · 2026-06-02 | 11 km |
| USGS-393227104343401 | level 6,045 ft · 2020-12-03 | 24 km |
| USGS-392806104331901 | level 6,237 ft · 2026-06-05 | 27 km |
| USGS-393732104394001 | depth 33.8 ft · 1992-01-27 | 28 km |
| USGS-393733104394201 | depth 99.7 ft · 1992-01-27 | 28 km |
| USGS-393226104394401 | level 6,062 ft · 2025-11-19 | 31 km |
| USGS-393902103554003 | depth 11.8 ft · 2014-09-29 | 35 km |
| USGS-393902103554001 | depth 12.3 ft · 2026-10-19 | 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 (0.02)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.04 / 0.55
Banks & federal dollars #
$20.1 bn in deposits at 139 offices of 36 banks (SOD June 2026); HHI 1,171, moderately concentrated. $4.0 bn federal obligations in FY2026 (direct payments $3.0 bn, contracts $944.1 m), $11,822 per covered job
| Item | Value | Distance |
|---|---|---|
| Wells Fargo Bank, National Association | $4.5 bn · 22.2% share · 18 offices | |
| PNC Bank, National Association | $3.1 bn · 15.4% share · 18 offices | |
| JPMorgan Chase Bank, National Association | $2.8 bn · 13.7% share · 17 offices | |
| Arapahoe, CO | $4.0 bn FY2026 · $11,822/job | |
| MULTIPLE RECIPIENTS | $2.9 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Wells Fargo Bank, National Association | $4,470,431,000 | 22.2% | 18 |
| PNC Bank, National Association | $3,099,436,000 | 15.4% | 18 |
| JPMorgan Chase Bank, National Association | $2,758,200,000 | 13.7% | 17 |
| NBH Bank | $2,098,873,000 | 10.4% | 2 |
| Colorado Federal Savings Bank | $1,609,855,000 | 8.0% | 1 |
| U.S. Bank National Association | $1,393,825,000 | 6.9% | 11 |
| Bank of America, National Association | $473,257,000 | 2.4% | 5 |
| BMO Bank National Association | $426,576,000 | 2.1% | 9 |
| BOKF, National Association | $417,388,000 | 2.1% | 4 |
| KeyBank National Association | $389,459,000 | 1.9% | 12 |
Deposit concentration is 1,171 across 34 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 34 banks with deposits in the county = 22.2² + 15.4² + 13.7² + … (31 more) = 1,171
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 | $2,464,884,672 |
| Department of Defense | $689,720,229 |
| Department of Veterans Affairs | $433,640,245 |
| Department of Housing and Urban Development | $73,883,460 |
| National Aeronautics and Space Administration | $72,538,216 |
| Department of Health and Human Services | $71,315,240 |
| Department of Education | $62,734,862 |
| Department of Homeland Security | $31,310,766 |
| Department of Transportation | $28,841,295 |
| Department of the Interior | $22,919,228 |
| Department of Justice | $19,600,618 |
| General Services Administration | $18,096,665 |
That is $11,822 per covered job, against 339,426 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $4.0 bn / 339,426 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $11,822
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 #
Arapahoe County, CO: 18 findings, 5 at a watch level and 13 noted
watchArapahoe County, CO's typical home value is -2.1% against a year earlier, a watch level here: typical home value below a year ago (arithmetic on Zillow ZHVI, county and metro files; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-09.Show the arithmetic
- test: home.yoyPct = -2.093275162217027 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
watchArapahoe County, CO's price-to-rent ratio of 23.2 scores 88 on the 0-to-100 scale across US counties but 50 across Colorado counties, a gap of 38 points.
Period 2026-09.Show the arithmetic
- 38 = |88 across US counties - 50 across Colorado 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
watchArapahoe County, CO's typical asking rent of $1,798 scores 72 on the 0-to-100 scale across US counties but 34 across Colorado counties, a gap of 38 points.
Period 2026-09.Show the arithmetic
- 38 = |72 across US counties - 34 across Colorado counties|
position among the entities that published this metric this period; not an official level
watchArapahoe County, CO's years of wages of 5.0 scores 66 on the 0-to-100 scale across US counties but 30 across Colorado counties, a gap of 36 points.
Period 2026-09.Show the arithmetic
- 36 = |66 across US counties - 30 across Colorado counties|
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the entities that published this metric this period; not an official level
watchArapahoe County, CO's typical home value of $499,630 scores 94 on the 0-to-100 scale across US counties but 61 across Colorado counties, a gap of 33 points.
Period 2026-09.Show the arithmetic
- 33 = |94 across US counties - 61 across Colorado counties|
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.