Ingham County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 42.60, -84.37.
Assembled 2026-10-19. Read the brief.
- 46th pct · 1,625th of 3,063 US counties · median $230,451
- 47th pct · 44th of 83 Michigan counties · median $225,043
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
- 44th pct · 1,689th of 3,062 US counties · median +2.9%
- 7th pct · 77th of 83 Michigan counties · median +5.3%
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
- 30th pct · 942nd of 1,358 US counties · median $1,506
- 43rd pct · 23rd of 40 Michigan counties · median $1,387
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
- 93rd pct · 212th of 3,221 US counties · median 8,232
- 93rd pct · 6th of 83 Michigan counties · median 12,414
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
- 90th pct · 309th of 3,221 US counties · median $1,039
- 93rd pct · 6th of 83 Michigan counties · median $1,045
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
- 21st pct · 2,404th of 3,063 US counties · median 4.2
- 7th pct · 77th of 83 Michigan counties · median 4.0
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing 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 $223,411 (Sep 2026), +2.5% over one year, +29.1% over five
- 46th pct · 1,625th of 3,063 US counties · median $230,451
- 47th pct · 44th of 83 Michigan counties · median $225,043
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Ingham County, MI | $223,411 · +2.5% 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 $1,293/mo (Sep 2026), +5.8% over one year; price-to-rent 14.4
- 30th pct · 942nd of 1,358 US counties · median $1,506
- 43rd pct · 23rd of 40 Michigan counties · median $1,387
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Ingham County, MI | $1,293/mo · +5.8% 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 $1,237 a month on $223,411 at 7.40%, against an average weekly wage worth $6,197 a month: 20.0% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $223,411 × 80% = $178,729, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,237/mo principal and interest
- wage share = payment / (avg weekly wage $1,430 × 52 / 12 = $6,197) = 20% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $223,411 / ($1,430 × 52) = 3.0
- price-to-rent = $223,411 / ($1,293 × 12) = 14.4
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 #
152,887 jobs at 7,059 employers (2026 Q1); -2.0% jobs and +1.9% average weekly wage over the year
- 93rd pct · 212th of 3,221 US counties · median 8,232
- 93rd pct · 6th of 83 Michigan counties · median 12,414
- counties in the Lansing-East Lansing metro: Rank context is unavailable: the manifest lists 3 counties in the Lansing-East Lansing metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Ingham County, MI | 152,887 jobs · $1,430/wk · -2.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 24,040 | $1,292 | 1.04 | -2.9% |
| Retail trade | 12,008 | $726 | 0.81 | +1.0% |
| Accommodation and food services | 10,511 | $465 | 0.77 | -5.5% |
| Manufacturing | 9,117 | $1,824 | 0.74 | -5.0% |
| Professional and technical services | 7,290 | $1,834 | 0.69 | -1.1% |
| Finance and insurance | 7,143 | $2,132 | 1.15 | +2.9% |
| Other services | 5,781 | $1,108 | 1.27 | -0.9% |
| Construction | 5,479 | $1,507 | 0.68 | -1.9% |
| Administrative and waste services | 5,079 | $922 | 0.58 | -3.7% |
| Transportation and warehousing | 5,003 | $853 | 0.78 | -6.6% |
| Educational services | 2,693 | $938 | 0.82 | +2.5% |
| Management of companies | 2,598 | $5,603 | 1.01 | -1.4% |
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 #
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 #
$9.9 bn in deposits at 50 offices of 17 banks (SOD June 2026); HHI 1,699, moderately concentrated. $4.6 bn federal obligations in FY2026 (grants $2.3 bn, direct payments $2.2 bn), $30,142 per covered job
| Item | Value | Distance |
|---|---|---|
| First National Bank of America | $3.4 bn · 33.7% share · 1 office | |
| PNC Bank, National Association | $1.3 bn · 13.4% share · 4 offices | |
| The Dart Bank | $1.2 bn · 11.9% share · 3 offices | |
| Ingham, MI | $4.6 bn FY2026 · $30,142/job | |
| MULTIPLE RECIPIENTS | $1.7 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First National Bank of America | $3,352,181,000 | 33.7% | 1 |
| PNC Bank, National Association | $1,330,674,000 | 13.4% | 4 |
| The Dart Bank | $1,182,878,000 | 11.9% | 3 |
| Fifth Third Bank, National Association | $1,022,068,000 | 10.3% | 8 |
| JPMorgan Chase Bank, National Association | $733,572,000 | 7.4% | 5 |
| Bank of America, National Association | $507,147,000 | 5.1% | 3 |
| The Huntington National Bank | $462,112,000 | 4.7% | 6 |
| Independent Bank | $373,476,000 | 3.8% | 5 |
| Mercantile Bank | $271,967,000 | 2.7% | 1 |
| Flagstar Bank, National Association | $197,523,000 | 2.0% | 2 |
Deposit concentration is 1,699 across 17 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 17 banks with deposits in the county = 33.7² + 13.4² + 11.9² + … (14 more) = 1,699
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 |
|---|---|
| Department of Education | $1,508,363,132 |
| Social Security Administration | $1,297,477,480 |
| Department of Health and Human Services | $527,428,719 |
| Department of Housing and Urban Development | $414,039,288 |
| Department of Homeland Security | $336,573,728 |
| Department of Energy | $159,848,981 |
| Department of Transportation | $106,199,510 |
| Department of Veterans Affairs | $104,997,991 |
| Department of Agriculture | $67,525,551 |
| National Science Foundation | $33,611,624 |
| Department of Defense | $33,513,196 |
| Department of Justice | $16,373,014 |
That is $30,142 per covered job, against 152,887 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $4.6 bn / 152,887 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $30,142
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 #
Ingham County, MI: 15 findings, 2 at a watch level and 13 noted
watchIngham County, MI's covered employment is -2.0% 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 = -2 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchIngham County, MI's typical home value of +2.5% scores 45 on the 0-to-100 scale across US counties but 7 across Michigan counties, a gap of 38 points.
Period 2026-09.Show the arithmetic
- 38 = |45 across US counties - 7 across Michigan counties|
position among the entities that published this metric this period; not an official level
noteIngham County, MI's covered employment was 2.0% 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
- -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
noteIngham County, MI's average weekly wage was 1.9% 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
- +1.9 % = 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
noteIngham County, MI's average weekly wage of $1,430 ranks 6th of 83 Michigan counties, against a median of $1,045.
Period 2026 Q1.Show the arithmetic
- 94 on the 0-to-100 scale across 83 Michigan counties that published jobs.avgWeeklyWage
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.