Oakland County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 42.66, -83.38.
Assembled 2026-10-19. Read the brief.
- 81st pct · 554th of 3,063 US counties · median $230,451
- 90th pct · 9th of 83 Michigan counties · median $225,043
- 80th pct · 2nd of 6 counties in the Detroit-Warren-Dearborn metro · median $282,176
- 43rd pct · 1,745th of 3,062 US counties · median +2.9%
- 4th pct · 79th of 83 Michigan counties · median +5.3%
- 40th pct · 4th of 6 counties in the Detroit-Warren-Dearborn metro · median +2.5%
- 66th pct · 450th of 1,358 US counties · median $1,506
- 84th pct · 7th of 40 Michigan counties · median $1,387
- 80th pct · 2nd of 6 counties in the Detroit-Warren-Dearborn metro · median $1,422
- 98th pct · 36th of 3,221 US counties · median 8,232
- 98th pct · 2nd of 83 Michigan counties · median 12,414
- 80th pct · 2nd of 6 counties in the Detroit-Warren-Dearborn metro · median 196,279
- 95th pct · 147th of 3,221 US counties · median $1,039
- 98th pct · 2nd of 83 Michigan counties · median $1,045
- 80th pct · 2nd of 6 counties in the Detroit-Warren-Dearborn metro · median $1,332
- 51st pct · 1,482nd of 3,063 US counties · median 4.2
- 57th pct · 36th of 83 Michigan counties · median 4.0
- 40th pct · 4th of 6 counties in the Detroit-Warren-Dearborn metro · median 4.3
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 $365,826 (Sep 2026), +2.3% over one year, +21.7% over five
- 81st pct · 554th of 3,063 US counties · median $230,451
- 90th pct · 9th of 83 Michigan counties · median $225,043
- 80th pct · 2nd of 6 counties in the Detroit-Warren-Dearborn metro · median $282,176
| Item | Value | Distance |
|---|---|---|
| Oakland County, MI | $365,826 · +2.3% 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 $1,726/mo (Sep 2026), +3.7% over one year; price-to-rent 17.7
- 66th pct · 450th of 1,358 US counties · median $1,506
- 84th pct · 7th of 40 Michigan counties · median $1,387
- 80th pct · 2nd of 6 counties in the Detroit-Warren-Dearborn metro · median $1,422
| Item | Value | Distance |
|---|---|---|
| Oakland County, MI | $1,726/mo · +3.7% 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 $2,026 a month on $365,826 at 7.40%, against an average weekly wage worth $7,107 a month: 28.5% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $365,826 × 80% = $292,661, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,026/mo principal and interest
- wage share = payment / (avg weekly wage $1,640 × 52 / 12 = $7,107) = 29% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $365,826 / ($1,640 × 52) = 4.3
- price-to-rent = $365,826 / ($1,726 × 12) = 17.7
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 #
701,930 jobs at 44,117 employers (2026 Q1); -1.4% jobs and +4.1% average weekly wage over the year
- 98th pct · 36th of 3,221 US counties · median 8,232
- 98th pct · 2nd of 83 Michigan counties · median 12,414
- 80th pct · 2nd of 6 counties in the Detroit-Warren-Dearborn metro · median 196,279
| Item | Value | Distance |
|---|---|---|
| Oakland County, MI | 701,930 jobs · $1,640/wk · -1.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 115,448 | $1,338 | 1.09 | +1.9% |
| Professional and technical services | 86,448 | $2,391 | 1.79 | -2.9% |
| Retail trade | 67,178 | $869 | 0.98 | -2.6% |
| Manufacturing | 65,035 | $2,161 | 1.15 | -2.8% |
| Accommodation and food services | 54,896 | $539 | 0.87 | -0.2% |
| Administrative and waste services | 48,767 | $1,208 | 1.22 | +2.0% |
| Finance and insurance | 41,980 | $2,773 | 1.47 | -6.1% |
| Wholesale trade | 36,110 | $2,399 | 1.34 | -2.7% |
| Construction | 31,774 | $1,862 | 0.86 | +4.5% |
| Other services | 22,147 | $1,014 | 1.06 | +0.7% |
| Real estate and rental | 18,424 | $1,627 | 1.71 | -0.4% |
| Transportation and warehousing | 13,798 | $1,256 | 0.47 | -10.3% |
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 #
$77.4 bn in deposits at 264 offices of 29 banks (SOD June 2026); HHI 1,532, moderately concentrated. $10.6 bn federal obligations in FY2026 (direct payments $10.1 bn, contracts $1.2 bn), $15,163 per covered job
| Item | Value | Distance |
|---|---|---|
| Bank of America, National Association | $20.4 bn · 26.3% share · 22 offices | |
| Flagstar Bank, National Association | $11.5 bn · 14.8% share · 25 offices | |
| JPMorgan Chase Bank, National Association | $11.3 bn · 14.6% share · 39 offices | |
| Oakland, MI | $10.6 bn FY2026 · $15,163/job | |
| MULTIPLE RECIPIENTS | $9.9 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Bank of America, National Association | $20,361,874,000 | 26.3% | 22 |
| Flagstar Bank, National Association | $11,468,453,000 | 14.8% | 25 |
| JPMorgan Chase Bank, National Association | $11,281,947,000 | 14.6% | 39 |
| Fifth Third Bank, National Association | $9,687,930,000 | 12.5% | 60 |
| PNC Bank, National Association | $9,610,889,000 | 12.4% | 19 |
| The Huntington National Bank | $7,144,223,000 | 9.2% | 35 |
| Citizens Bank, National Association | $1,946,984,000 | 2.5% | 19 |
| CIBC Bank USA | $1,443,031,000 | 1.9% | 1 |
| Oxford Bank | $713,385,000 | 0.9% | 6 |
| First Merchants Bank | $658,383,000 | 0.9% | 9 |
Deposit concentration is 1,532 across 26 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 26 banks with deposits in the county = 26.3² + 14.8² + 14.6² + … (23 more) = 1,532
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 | $6,892,411,894 |
| Department of Health and Human Services | $2,698,584,057 |
| General Services Administration | $549,154,759 |
| Department of Veterans Affairs | $509,510,279 |
| Department of Defense | $333,891,720 |
| Department of Transportation | $106,339,537 |
| Department of Education | $67,088,566 |
| Department of Homeland Security | $39,068,447 |
| Railroad Retirement Board | $17,923,431 |
| Department of Justice | $13,144,045 |
| Department of the Interior | $7,279,884 |
| Federal Communications Commission | $6,828,918 |
That is $15,163 per covered job, against 701,930 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $10.6 bn / 701,930 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $15,163
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 #
Oakland County, MI: 15 findings, 2 at a watch level and 13 noted
watchOakland County, MI's covered employment is -1.4% 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 = -1.4 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchOakland County, MI's typical home value of +2.3% scores 43 on the 0-to-100 scale across US counties but 5 across Michigan counties, a gap of 38 points.
Period 2026-09.Show the arithmetic
- 38 = |43 across US counties - 5 across Michigan counties|
position among the entities that published this metric this period; not an official level
noteOakland County, MI's average weekly wage was 4.1% 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
- +4.1 % = 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
noteOakland County, MI's covered employment was 1.4% 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
- -1.4 % = 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
noteOakland County, MI's covered employment of -1.4% ranks 6th of 6 counties in the Detroit-Warren-Dearborn metro, against a median of +0.7%.
Period 2026 Q1.Show the arithmetic
- 0 on the 0-to-100 scale across 6 counties in the Detroit-Warren-Dearborn metro that published jobs.yoy.emp
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.