Montgomery County, PA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 40.21, -75.37.
Assembled 2026-10-19. Read the brief.
- 93rd pct · 209th of 3,063 US counties · median $230,451
- 96th pct · 3rd of 67 Pennsylvania counties · median $231,558
- 80th pct · 3rd of 11 counties in the Philadelphia-Camden-Wilmington metro · median $381,762
- 46th pct · 1,638th of 3,062 US counties · median +2.9%
- 39th pct · 41st of 67 Pennsylvania counties · median +3.3%
- 50th pct · 6th of 11 counties in the Philadelphia-Camden-Wilmington metro · median +2.6%
- 86th pct · 187th of 1,358 US counties · median $1,506
- 93rd pct · 4th of 49 Pennsylvania counties · median $1,322
- 60th pct · 5th of 11 counties in the Philadelphia-Camden-Wilmington metro · median $2,013
- 98th pct · 53rd of 3,221 US counties · median 8,232
- 96th pct · 3rd of 67 Pennsylvania counties · median 27,809
- 90th pct · 2nd of 11 counties in the Philadelphia-Camden-Wilmington metro · median 217,338
- 98th pct · 44th of 3,221 US counties · median $1,039
- 100th pct · 1st of 67 Pennsylvania counties · median $1,102
- 100th pct · 1st of 11 counties in the Philadelphia-Camden-Wilmington metro · median $1,505
- 58th pct · 1,287th of 3,063 US counties · median 4.2
- 66th pct · 23rd of 67 Pennsylvania counties · median 3.7
- 40th pct · 7th of 11 counties in the Philadelphia-Camden-Wilmington metro · median 4.8
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 $492,975 (Sep 2026), +2.6% over one year, +27.3% over five
- 93rd pct · 209th of 3,063 US counties · median $230,451
- 96th pct · 3rd of 67 Pennsylvania counties · median $231,558
- 80th pct · 3rd of 11 counties in the Philadelphia-Camden-Wilmington metro · median $381,762
| Item | Value | Distance |
|---|---|---|
| Montgomery County, PA | $492,975 · +2.6% 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 $2,073/mo (Sep 2026), +3.1% over one year; price-to-rent 19.8
- 86th pct · 187th of 1,358 US counties · median $1,506
- 93rd pct · 4th of 49 Pennsylvania counties · median $1,322
- 60th pct · 5th of 11 counties in the Philadelphia-Camden-Wilmington metro · median $2,013
| Item | Value | Distance |
|---|---|---|
| Montgomery County, PA | $2,073/mo · +3.1% 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 $2,731 a month on $492,975 at 7.40%, against an average weekly wage worth $8,944 a month: 30.5% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $492,975 × 80% = $394,380, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,731/mo principal and interest
- wage share = payment / (avg weekly wage $2,064 × 52 / 12 = $8,944) = 31% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $492,975 / ($2,064 × 52) = 4.6
- price-to-rent = $492,975 / ($2,073 × 12) = 19.8
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 #
502,556 jobs at 29,287 employers (2026 Q1); +0.3% jobs and +3.4% average weekly wage over the year
- 98th pct · 53rd of 3,221 US counties · median 8,232
- 96th pct · 3rd of 67 Pennsylvania counties · median 27,809
- 90th pct · 2nd of 11 counties in the Philadelphia-Camden-Wilmington metro · median 217,338
| Item | Value | Distance |
|---|---|---|
| Montgomery County, PA | 502,556 jobs · $2,064/wk · +0.3% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 96,803 | $1,259 | 1.28 | +4.3% |
| Retail trade | 49,383 | $819 | 1.01 | -0.3% |
| Professional and technical services | 48,879 | $3,626 | 1.41 | -3.2% |
| Manufacturing | 46,162 | $2,711 | 1.14 | +1.2% |
| Accommodation and food services | 32,865 | $549 | 0.73 | +0.4% |
| Administrative and waste services | 32,406 | $1,144 | 1.13 | +1.6% |
| Finance and insurance | 29,307 | $5,781 | 1.43 | -2.5% |
| Construction | 25,231 | $1,983 | 0.96 | +2.2% |
| Wholesale trade | 22,008 | $3,204 | 1.14 | -4.7% |
| Other services | 17,077 | $954 | 1.14 | +0.8% |
| Management of companies | 15,066 | $4,373 | 1.79 | -1.0% |
| Educational services | 13,851 | $1,097 | 1.28 | +1.3% |
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 #
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 #
$38.6 bn in deposits at 241 offices of 29 banks (SOD June 2026); HHI 1,003, moderately concentrated. $12.2 bn federal obligations in FY2026 (contracts $7.2 bn, direct payments $5.2 bn), $24,319 per covered job
| Item | Value | Distance |
|---|---|---|
| TD Bank, National Association | $7.8 bn · 20.3% share · 18 offices | |
| Wells Fargo Bank, National Association | $5.2 bn · 13.5% share · 27 offices | |
| Citizens Bank, National Association | $4.1 bn · 10.7% share · 27 offices | |
| Montgomery, PA | $12.2 bn FY2026 · $24,319/job | |
| AMERISOURCEBERGEN DRUG CORP | $6.4 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| TD Bank, National Association | $7,844,969,000 | 20.3% | 18 |
| Wells Fargo Bank, National Association | $5,192,240,000 | 13.5% | 27 |
| Citizens Bank, National Association | $4,130,593,000 | 10.7% | 27 |
| Univest Bank and Trust Co. | $3,876,277,000 | 10.0% | 20 |
| PNC Bank, National Association | $3,210,393,000 | 8.3% | 16 |
| Firstrust Savings Bank | $2,102,686,000 | 5.4% | 7 |
| Wilmington Savings Fund Society, FSB | $1,963,871,000 | 5.1% | 14 |
| Bank of America, National Association | $1,834,777,000 | 4.8% | 11 |
| Truist Bank | $1,441,124,000 | 3.7% | 14 |
| KeyBank National Association | $1,258,349,000 | 3.3% | 19 |
Deposit concentration is 1,003 across 29 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 29 banks with deposits in the county = 20.3² + 13.5² + 10.7² + … (26 more) = 1,003
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 Defense | $6,804,984,409 |
| Social Security Administration | $4,790,752,362 |
| Department of Veterans Affairs | $286,459,149 |
| Department of Commerce | $223,719,734 |
| Department of Transportation | $68,773,221 |
| Department of Education | $34,186,890 |
| Department of Health and Human Services | $32,960,702 |
| Department of Homeland Security | $27,004,631 |
| Railroad Retirement Board | $26,747,430 |
| Department of Agriculture | $21,608,343 |
| Department of the Treasury | $21,162,719 |
| Department of Justice | $9,763,110 |
That is $24,319 per covered job, against 502,556 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $12.2 bn / 502,556 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $24,319
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 #
Montgomery County, PA: 17 findings, 17 noted
noteMontgomery County, PA's average weekly wage was 3.4% 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
- +3.4 % = 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
noteMontgomery County, PA's covered employment was 0.3% 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
- +0.3 % = 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
noteMontgomery County, PA's typical home value rose 0.3% from $491,527 in August 2026 to $492,975 in September 2026, on Zillow ZHVI.
Period 2026-09.Show the arithmetic
- +0.3% = (492974.7512810255 - 491526.58206634317) / 491526.58206634317 × 100
- 492974.7512810255 = Zillow ZHVI, 2026-09
- 491526.58206634317 = Zillow ZHVI, 2026-08
noteMontgomery County, PA's typical asking rent rose 0.3% from $2,068 in August 2026 to $2,073 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- +0.3% = (2073.0887557077626 - 2067.6261369927356) / 2067.6261369927356 × 100
- 2073.0887557077626 = Zillow ZORI, 2026-09
- 2067.6261369927356 = Zillow ZORI, 2026-08
noteMontgomery County, PA's average weekly wage of $2,064 ranks 1st of 11 counties in the Philadelphia-Camden-Wilmington metro, against a median of $1,505.
Period 2026 Q1.Show the arithmetic
- 100 on the 0-to-100 scale across 11 counties in the Philadelphia-Camden-Wilmington metro 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.