Montgomery County, AL
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 32.20, -86.20.
Assembled 2026-10-19. Read the brief.
- 22nd pct · 2,376th of 3,063 US counties · median $230,451
- 39th pct · 41st of 67 Alabama counties · median $177,293
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 37th pct · 1,928th of 3,062 US counties · median +2.9%
- 42nd pct · 39th of 67 Alabama counties · median +2.4%
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 33rd pct · 904th of 1,358 US counties · median $1,506
- 34th pct · 18th of 27 Alabama counties · median $1,378
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 92nd pct · 239th of 3,221 US counties · median 8,232
- 95th pct · 4th of 67 Alabama counties · median 10,118
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 77th pct · 720th of 3,221 US counties · median $1,039
- 89th pct · 8th of 67 Alabama counties · median $1,024
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
- 13th pct · 2,663rd of 3,063 US counties · median 4.2
- 24th pct · 51st of 67 Alabama counties · median 3.3
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery 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 $163,380 (Sep 2026), +1.8% over one year, +20.4% over five
- 22nd pct · 2,376th of 3,063 US counties · median $230,451
- 39th pct · 41st of 67 Alabama counties · median $177,293
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Montgomery County, AL | $163,380 · +1.8% 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 $1,330/mo (Sep 2026), +2.4% over one year; price-to-rent 10.2
- 33rd pct · 904th of 1,358 US counties · median $1,506
- 34th pct · 18th of 27 Alabama counties · median $1,378
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Montgomery County, AL | $1,330/mo · +2.4% 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 $905 a month on $163,380 at 7.40%, against an average weekly wage worth $5,252 a month: 17.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $163,380 × 80% = $130,704, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $905/mo principal and interest
- wage share = payment / (avg weekly wage $1,212 × 52 / 12 = $5,252) = 17% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $163,380 / ($1,212 × 52) = 2.6
- price-to-rent = $163,380 / ($1,330 × 12) = 10.2
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 #
131,152 jobs at 7,708 employers (2026 Q1); -0.4% jobs and +3.1% average weekly wage over the year
- 92nd pct · 239th of 3,221 US counties · median 8,232
- 95th pct · 4th of 67 Alabama counties · median 10,118
- counties in the Montgomery metro: Rank context is unavailable: the manifest lists 4 counties in the Montgomery metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Montgomery County, AL | 131,152 jobs · $1,212/wk · -0.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 14,827 | $1,449 | 1.41 | +0.1% |
| Health care and social assistance | 12,204 | $1,150 | 0.62 | +0.4% |
| Retail trade | 11,313 | $774 | 0.89 | -0.9% |
| Accommodation and food services | 10,527 | $471 | 0.89 | +2.0% |
| Administrative and waste services | 9,298 | $748 | 1.25 | -3.0% |
| Professional and technical services | 6,157 | $1,640 | 0.68 | +0.7% |
| Construction | 5,648 | $1,501 | 0.82 | +9.6% |
| Transportation and warehousing | 5,409 | $1,061 | 0.98 | -5.3% |
| Wholesale trade | 4,441 | $1,626 | 0.88 | +0.4% |
| Finance and insurance | 3,829 | $2,459 | 0.72 | -4.2% |
| Other services | 3,583 | $1,196 | 0.91 | -4.8% |
| Educational services | 2,311 | $892 | 0.82 | -0.5% |
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 #
$7.3 bn in deposits at 53 offices of 20 banks (SOD June 2026); HHI 1,310, moderately concentrated. $3.9 bn federal obligations in FY2026 (direct payments $1.5 bn, contracts $1.3 bn), $29,792 per covered job
| Item | Value | Distance |
|---|---|---|
| Regions Bank | $1.7 bn · 23.3% share · 11 offices | |
| ServisFirst Bank | $1.3 bn · 18.3% share · 2 offices | |
| Pinnacle Bank | $861.5 m · 11.7% share · 2 offices | |
| Montgomery, AL | $3.9 bn FY2026 · $29,792/job | |
| MULTIPLE RECIPIENTS | $1.4 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Regions Bank | $1,710,674,000 | 23.3% | 11 |
| ServisFirst Bank | $1,341,855,000 | 18.3% | 2 |
| Pinnacle Bank | $861,531,000 | 11.7% | 2 |
| Wells Fargo Bank, National Association | $786,796,000 | 10.7% | 4 |
| River Bank & Trust | $772,249,000 | 10.5% | 2 |
| PNC Bank, National Association | $331,858,000 | 4.5% | 5 |
| Valley National Bank | $236,473,000 | 3.2% | 4 |
| SmartBank | $219,996,000 | 3.0% | 1 |
| Truist Bank | $214,363,000 | 2.9% | 5 |
| Trustmark Bank | $210,920,000 | 2.9% | 3 |
Deposit concentration is 1,310 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 = 23.3² + 18.3² + 11.7² + … (17 more) = 1,310
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 | $1,047,217,332 |
| Department of Defense | $946,015,177 |
| Department of Education | $815,381,044 |
| Department of Veterans Affairs | $643,626,312 |
| Department of Transportation | $157,688,061 |
| Department of Housing and Urban Development | $124,696,756 |
| Department of Health and Human Services | $115,240,260 |
| General Services Administration | $15,770,848 |
| Department of Labor | $10,991,560 |
| Department of Justice | $6,549,794 |
| Railroad Retirement Board | $6,095,724 |
| Department of Commerce | $5,956,472 |
That is $29,792 per covered job, against 131,152 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $3.9 bn / 131,152 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $29,792
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, AL: 11 findings, 1 at a watch level and 10 noted
watchMontgomery County, AL's covered employment is -0.4% 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 = -0.4 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteMontgomery County, AL's average weekly wage was 3.1% 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
- +3.1 % = 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
noteMontgomery County, AL's covered employment was 0.4% 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
- -0.4 % = 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, AL's typical asking rent fell 0.3% from $1,334 in August 2026 to $1,330 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- -0.3% = (1329.6268680693252 - 1334.0771482573102) / 1334.0771482573102 × 100
- 1329.6268680693252 = Zillow ZORI, 2026-09
- 1334.0771482573102 = Zillow ZORI, 2026-08
noteMontgomery County, AL's price-to-rent ratio of 10.2 ranks 1,332nd of 1,358 US counties, against a median of 17.0.
Period 2026-09.Show the arithmetic
- 2 on the 0-to-100 scale across 1358 US counties that published priceToRent
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the entities that published this metric this period; not an official level
Read all 11 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.