Chesterfield County, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 37.38, -77.59.
Assembled 2026-10-19. Read the brief.
- 87th pct · 388th of 3,063 US counties · median $230,451
- 75th pct · 33rd of 133 Virginia counties · median $309,231
- 75th pct · 5th of 17 counties in the Richmond metro · median $352,179
- 46th pct · 1,624th of 3,062 US counties · median +2.9%
- 45th pct · 73rd of 133 Virginia counties · median +2.8%
- 37th pct · 11th of 17 counties in the Richmond metro · median +3.0%
- 75th pct · 339th of 1,358 US counties · median $1,506
- 51st pct · 35th of 71 Virginia counties · median $1,806
- 66th pct · 4th of 10 counties in the Richmond metro · median $1,691
- 93rd pct · 218th of 3,221 US counties · median 8,232
- 95th pct · 7th of 133 Virginia counties · median 9,944
- 87th pct · 3rd of 17 counties in the Richmond metro · median 9,487
- 83rd pct · 525th of 3,221 US counties · median $1,039
- 77th pct · 31st of 133 Virginia counties · median $1,048
- 68th pct · 6th of 17 counties in the Richmond metro · median $1,211
- 81st pct · 575th of 3,063 US counties · median 4.2
- 59th pct · 54th of 133 Virginia counties · median 5.4
- 68th pct · 6th of 17 counties in the Richmond 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 $410,086 (Sep 2026), +2.6% over one year, +25.9% over five
- 87th pct · 388th of 3,063 US counties · median $230,451
- 75th pct · 33rd of 133 Virginia counties · median $309,231
- 75th pct · 5th of 17 counties in the Richmond metro · median $352,179
| Item | Value | Distance |
|---|---|---|
| Chesterfield County, VA | $410,086 · +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 $1,839/mo (Sep 2026), +2.7% over one year; price-to-rent 18.6
- 75th pct · 339th of 1,358 US counties · median $1,506
- 51st pct · 35th of 71 Virginia counties · median $1,806
- 66th pct · 4th of 10 counties in the Richmond metro · median $1,691
| Item | Value | Distance |
|---|---|---|
| Chesterfield County, VA | $1,839/mo · +2.7% 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 $2,271 a month on $410,086 at 7.40%, against an average weekly wage worth $5,568 a month: 40.8% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $410,086 × 80% = $328,069, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,271/mo principal and interest
- wage share = payment / (avg weekly wage $1,285 × 52 / 12 = $5,568) = 41% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $410,086 / ($1,285 × 52) = 6.1
- price-to-rent = $410,086 / ($1,839 × 12) = 18.6
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 #
148,297 jobs at 10,622 employers (2026 Q1); +0.9% jobs and +7.0% average weekly wage over the year
- 93rd pct · 218th of 3,221 US counties · median 8,232
- 95th pct · 7th of 133 Virginia counties · median 9,944
- 87th pct · 3rd of 17 counties in the Richmond metro · median 9,487
| Item | Value | Distance |
|---|---|---|
| Chesterfield County, VA | 148,297 jobs · $1,285/wk · +0.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 18,631 | $1,156 | 0.83 | +0.7% |
| Retail trade | 18,536 | $774 | 1.28 | -0.4% |
| Accommodation and food services | 13,094 | $478 | 0.98 | +0.6% |
| Transportation and warehousing | 11,741 | $963 | 1.88 | -3.3% |
| Construction | 11,479 | $1,604 | 1.48 | +3.8% |
| Manufacturing | 9,355 | $1,683 | 0.78 | +5.2% |
| Professional and technical services | 8,618 | $2,558 | 0.84 | +2.2% |
| Administrative and waste services | 8,315 | $1,024 | 0.99 | -5.7% |
| Other services | 5,447 | $976 | 1.23 | +2.1% |
| Wholesale trade | 4,542 | $2,021 | 0.80 | -1.3% |
| Finance and insurance | 3,198 | $2,247 | 0.53 | -6.8% |
| Arts, entertainment and recreation | 3,044 | $395 | 1.25 | +3.2% |
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 #
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 #
$7.4 bn in deposits at 66 offices of 20 banks (SOD June 2026); HHI 1,713, moderately concentrated. $2.4 bn federal obligations in FY2026 (direct payments $2.3 bn, contracts $68.3 m), $16,338 per covered job
| Item | Value | Distance |
|---|---|---|
| Wells Fargo Bank, National Association | $2.4 bn · 32.5% share · 11 offices | |
| Truist Bank | $1.3 bn · 18.0% share · 9 offices | |
| Bank of America, National Association | $850.2 m · 11.5% share · 5 offices | |
| Chesterfield, VA | $2.4 bn FY2026 · $16,338/job | |
| MULTIPLE RECIPIENTS | $2.3 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Wells Fargo Bank, National Association | $2,410,872,000 | 32.5% | 11 |
| Truist Bank | $1,331,551,000 | 18.0% | 9 |
| Bank of America, National Association | $850,229,000 | 11.5% | 5 |
| Atlantic Union Bank | $747,776,000 | 10.1% | 6 |
| TowneBank | $523,863,000 | 7.1% | 3 |
| First-Citizens Bank & Trust Company | $309,124,000 | 4.2% | 3 |
| Citizens and Farmers Bank | $273,619,000 | 3.7% | 4 |
| JPMorgan Chase Bank, National Association | $165,762,000 | 2.2% | 5 |
| Primis Bank | $163,542,000 | 2.2% | 1 |
| First Community Bank | $107,475,000 | 1.4% | 3 |
Deposit concentration is 1,713 across 20 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 20 banks with deposits in the county = 32.5² + 18.0² + 11.5² + … (17 more) = 1,713
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 | $1,864,949,008 |
| Department of Veterans Affairs | $407,168,957 |
| Department of Defense | $58,530,511 |
| Department of Transportation | $41,428,040 |
| Department of Justice | $13,827,754 |
| Department of Education | $11,726,457 |
| Department of Agriculture | $9,377,557 |
| Railroad Retirement Board | $8,520,823 |
| Department of Health and Human Services | $6,162,537 |
| Federal Communications Commission | $2,725,520 |
| Department of the Interior | $2,377,296 |
| Department of Housing and Urban Development | $2,334,302 |
That is $16,338 per covered job, against 148,297 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $2.4 bn / 148,297 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $16,338
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 #
Chesterfield County, VA: 8 findings, 8 noted
noteChesterfield County, VA's average weekly wage was 7.0% 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
- +7 % = 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
noteChesterfield County, VA's covered employment was 0.9% 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
- +0.9 % = 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
noteChesterfield County, VA's typical asking rent fell 0.4% from $1,847 in August 2026 to $1,839 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- -0.4% = (1839.0033689295703 - 1847.0347758621922) / 1847.0347758621922 × 100
- 1839.0033689295703 = Zillow ZORI, 2026-09
- 1847.0347758621922 = Zillow ZORI, 2026-08
noteChesterfield County, VA's covered employment of 148,297 ranks 7th of 133 Virginia counties, against a median of 9,944.
Period 2026 Q1.Show the arithmetic
- 95 on the 0-to-100 scale across 133 Virginia counties that published jobs.emp
position among the entities that published this metric this period; not an official level
noteChesterfield County, VA's covered employment of 148,297 ranks 218th of 3,221 US counties, against a median of 8,232.
Period 2026 Q1.Show the arithmetic
- 93 on the 0-to-100 scale across 3221 US counties that published jobs.emp
position among the entities that published this metric this period; not an official level
Read all 8 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.