Madison County, FL

Home values #

Typical home $206,128 (Sep 2026), -2.4% over one year, +21.1% over five

• 40th pct · 1,826th of 3,063 US counties · median $230,451
• 9th pct · 61st of 67 Florida counties · median $306,116

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 #

Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)

• US counties: not published this period
• Florida counties: not published this period

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 $1,142 a month on $206,128 at 7.40%, against an average weekly wage worth $3,917 a month: 29.1% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $206,128 × 80% = $164,903, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,142/mo principal and interest
• wage share = payment / (avg weekly wage $904 × 52 / 12 = $3,917) = 29% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $206,128 / ($904 × 52) = 4.4

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 #

5,141 jobs at 430 employers (2026 Q1); +1.8% jobs and +6.4% average weekly wage over the year

• 37th pct · 2,001st of 3,221 US counties · median 8,232
• 18th pct · 55th of 67 Florida counties · median 43,443

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 #

1 USGS reservoir gauges, no capacity figures to weight

Sites found: 1, 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 #

78 gauges · 0 flooding · 20 with quality panels averaging 94 % · 30 stale

Sites found: 78, 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 #

29 wells in 3 named aquifers: Floridan aquifer system, Intermediate aquifer system, Surficial aquifer system

Sites found: 29, 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 (0.02)

Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.06 / 0.55

Banks & federal dollars #

$284.1 m in deposits at 3 offices of 3 banks (SOD June 2026); HHI 4,554, highly concentrated. $139.7 m federal obligations in FY2026 (direct payments $135.4 m, grants $2.9 m), $27,183 per covered job

Deposit concentration is 4,554 across 3 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.

HHI = Σ (share %)² over 3 banks with deposits in the county = 60.7² + 26.6² + 12.7² = 4,554

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.

That is $27,183 per covered job, against 5,141 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $139.7 m / 5,141 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $27,183

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.

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 #

Madison County, FL: 10 findings, 3 at a watch level and 7 noted

1. watchMadison County, FL's typical home value is -2.4% 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 = -2.397596492117757 < 0

   arithmetic on Zillow ZHVI, county and metro files; not an official level

2. watchMadison County, FL's years of wages of 4.4 scores 54 on the 0-to-100 scale across US counties but 20 across Florida counties, a gap of 34 points.

   Period 2026-09.
   Show the arithmetic

   • 34 = |54 across US counties - 20 across Florida counties|
   • typical home value / (average weekly wage × 52); one average covered job, not a household

   position among the entities that published this metric this period; not an official level

3. watchMadison County, FL's typical home value of $206,128 scores 40 on the 0-to-100 scale across US counties but 9 across Florida counties, a gap of 31 points.

   Period 2026-09.
   Show the arithmetic

   • 31 = |40 across US counties - 9 across Florida counties|

   position among the entities that published this metric this period; not an official level

4. noteMadison County, FL's average weekly wage was 6.4% 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

   • +6.4 % = 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

5. noteMadison County, FL's covered employment was 1.8% 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

   • +1.8 % = 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

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.