Cabarrus County, NC
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 35.39, -80.55.
Assembled 2026-10-20. Read the brief.
- 83rd pct · 499th of 3,063 US counties · median $230,451
- 76th pct · 24th of 100 North Carolina counties · median $270,749
- 50th pct · 6th of 11 counties in the Charlotte-Concord-Gastonia metro · median $380,437
- 18th pct · 2,487th of 3,062 US counties · median +2.9%
- 22nd pct · 78th of 100 North Carolina counties · median +1.1%
- 50th pct · 6th of 11 counties in the Charlotte-Concord-Gastonia metro · median -0.3%
- 71st pct · 381st of 1,358 US counties · median $1,506
- 78th pct · 14th of 62 North Carolina counties · median $1,550
- 87th pct · 2nd of 9 counties in the Charlotte-Concord-Gastonia metro · median $1,732
- 90th pct · 319th of 3,221 US counties · median 8,232
- 91st pct · 9th of 100 North Carolina counties · median 16,739
- 80th pct · 3rd of 11 counties in the Charlotte-Concord-Gastonia metro · median 79,207
- 76th pct · 744th of 3,221 US counties · median $1,039
- 87th pct · 13th of 100 North Carolina counties · median $984
- 40th pct · 7th of 11 counties in the Charlotte-Concord-Gastonia metro · median $1,230
- 80th pct · 605th of 3,063 US counties · median 4.2
- 71st pct · 29th of 100 North Carolina counties · median 5.0
- 80th pct · 3rd of 11 counties in the Charlotte-Concord-Gastonia metro · median 5.3
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 $380,437 (Sep 2026), -0.3% over one year, +21.4% over five
- 83rd pct · 499th of 3,063 US counties · median $230,451
- 76th pct · 24th of 100 North Carolina counties · median $270,749
- 50th pct · 6th of 11 counties in the Charlotte-Concord-Gastonia metro · median $380,437
| Item | Value | Distance |
|---|---|---|
| Cabarrus County, NC | $380,437 · -0.3% 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 $1,794/mo (Sep 2026), +2.2% over one year; price-to-rent 17.7
- 71st pct · 381st of 1,358 US counties · median $1,506
- 78th pct · 14th of 62 North Carolina counties · median $1,550
- 87th pct · 2nd of 9 counties in the Charlotte-Concord-Gastonia metro · median $1,732
| Item | Value | Distance |
|---|---|---|
| Cabarrus County, NC | $1,794/mo · +2.2% 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 $2,107 a month on $380,437 at 7.40%, against an average weekly wage worth $5,222 a month: 40.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $380,437 × 80% = $304,350, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,107/mo principal and interest
- wage share = payment / (avg weekly wage $1,205 × 52 / 12 = $5,222) = 40% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $380,437 / ($1,205 × 52) = 6.1
- price-to-rent = $380,437 / ($1,794 × 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 #
92,357 jobs at 7,095 employers (2026 Q1); +3.2% jobs and +3.5% average weekly wage over the year
- 90th pct · 319th of 3,221 US counties · median 8,232
- 91st pct · 9th of 100 North Carolina counties · median 16,739
- 80th pct · 3rd of 11 counties in the Charlotte-Concord-Gastonia metro · median 79,207
| Item | Value | Distance |
|---|---|---|
| Cabarrus County, NC | 92,357 jobs · $1,205/wk · +3.2% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 13,205 | $753 | 1.47 | +1.5% |
| Accommodation and food services | 11,256 | $455 | 1.36 | -2.3% |
| Health care and social assistance | 6,881 | $1,117 | 0.50 | +3.2% |
| Wholesale trade | 6,678 | $1,861 | 1.89 | +5.9% |
| Transportation and warehousing | 6,647 | $786 | 1.71 | +18.6% |
| Construction | 5,931 | $1,346 | 1.22 | +0.0% |
| Administrative and waste services | 4,001 | $1,084 | 0.76 | -5.8% |
| Professional and technical services | 3,784 | $1,853 | 0.59 | +12.1% |
| Arts, entertainment and recreation | 3,475 | $2,297 | 2.29 | +8.2% |
| Other services | 2,377 | $857 | 0.86 | +7.4% |
| Finance and insurance | 1,154 | $1,881 | 0.31 | -3.6% |
| Educational services | 1,130 | $821 | 0.57 | -11.4% |
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 #
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 #
$3.8 bn in deposits at 34 offices of 12 banks (SOD June 2026); HHI 1,388, moderately concentrated. $1.2 bn federal obligations in FY2026 (direct payments $1.1 bn, grants $31.1 m), $12,847 per covered job
| Item | Value | Distance |
|---|---|---|
| Wells Fargo Bank, National Association | $913.1 m · 24.1% share · 4 offices | |
| Truist Bank | $657.3 m · 17.4% share · 5 offices | |
| Fifth Third Bank, National Association | $584.2 m · 15.4% share · 5 offices | |
| Cabarrus, NC | $1.2 bn FY2026 · $12,847/job | |
| MULTIPLE RECIPIENTS | $1.1 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Wells Fargo Bank, National Association | $913,138,000 | 24.1% | 4 |
| Truist Bank | $657,268,000 | 17.4% | 5 |
| Fifth Third Bank, National Association | $584,226,000 | 15.4% | 5 |
| Bank of America, National Association | $363,855,000 | 9.6% | 3 |
| Uwharrie Bank | $246,760,000 | 6.5% | 2 |
| First-Citizens Bank & Trust Company | $241,812,000 | 6.4% | 2 |
| Pinnacle Bank | $210,911,000 | 5.6% | 2 |
| Farmers & Merchants Bank | $188,846,000 | 5.0% | 2 |
| Bank OZK | $170,020,000 | 4.5% | 2 |
| JPMorgan Chase Bank, National Association | $101,622,000 | 2.7% | 2 |
Deposit concentration is 1,388 across 12 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 12 banks with deposits in the county = 24.1² + 17.4² + 15.4² + … (9 more) = 1,388
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 | $943,854,968 |
| Department of Veterans Affairs | $180,605,068 |
| Department of Health and Human Services | $16,026,144 |
| Department of Transportation | $11,890,946 |
| Federal Communications Commission | $10,731,083 |
| Department of Housing and Urban Development | $10,029,603 |
| Railroad Retirement Board | $4,071,747 |
| Department of Education | $3,987,474 |
| Department of Defense | $3,058,941 |
| Department of Agriculture | $1,821,550 |
| National Aeronautics and Space Administration | $187,856 |
| Department of State | $133,196 |
That is $12,847 per covered job, against 92,357 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $1.2 bn / 92,357 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $12,847
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 #
Cabarrus County, NC: 10 findings, 1 at a watch level and 9 noted
watchCabarrus County, NC's typical home value is -0.3% 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 = -0.3194368038693209 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
noteCabarrus County, NC's average weekly wage was 3.5% 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
- +3.5 % = 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
noteCabarrus County, NC's covered employment was 3.2% 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
- +3.2 % = 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
noteCabarrus County, NC's covered employment of +3.2% ranks 1st of 11 counties in the Charlotte-Concord-Gastonia metro, against a median of +1.1%.
Period 2026 Q1.Show the arithmetic
- 100 on the 0-to-100 scale across 11 counties in the Charlotte-Concord-Gastonia metro that published jobs.yoy.emp
position among the entities that published this metric this period; not an official level
noteCabarrus County, NC's momentum index of 0.47 ranks 1st of 11 counties in the Charlotte-Concord-Gastonia metro, against a median of 0.30.
Period 2026-09.Show the arithmetic
- 100 on the 0-to-100 scale across 11 counties in the Charlotte-Concord-Gastonia metro 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 10 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.