Putnam County, FL

Home values #

Typical home $216,313 (Sep 2026), +0.7% over one year, +13.4% over five

• 44th pct · 1,704th of 3,063 US counties · median $230,451
• 12th pct · 59th 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 #

Typical rent $1,370/mo (Sep 2026), -1.8% over one year; price-to-rent 13.2

• 37th pct · 853rd of 1,358 US counties · median $1,506
• 2nd pct · 44th of 45 Florida counties · median $1,881

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 $1,198 a month on $216,313 at 7.40%, against an average weekly wage worth $4,550 a month: 26.3% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $216,313 × 80% = $173,050, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,198/mo principal and interest
• wage share = payment / (avg weekly wage $1,050 × 52 / 12 = $4,550) = 26% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $216,313 / ($1,050 × 52) = 4.0
• price-to-rent = $216,313 / ($1,370 × 12) = 13.2

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 #

17,693 jobs at 1,596 employers (2026 Q1); +0.7% jobs and +1.7% average weekly wage over the year

• 68th pct · 1,015th of 3,221 US counties · median 8,232
• 39th pct · 41st 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 #

D1 moderate drought

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 #

No reservoir gauges within 150 km (or the camera is above the gauge altitude)

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 #

78 gauges · 5 flooding · 16 with quality panels averaging 79 % · 12 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 #

6 wells in 0 named aquifers:

Sites found: 6, 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 (0.23)

Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.25 + 0.2×0.21 / 0.55

Banks & federal dollars #

$947.6 m in deposits at 9 offices of 6 banks (SOD June 2026); HHI 2,288, highly concentrated. $634.8 m federal obligations in FY2026 (direct payments $602.2 m, grants $32.1 m), $35,877 per covered job

Deposit concentration is 2,288 across 6 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.

HHI = Σ (share %)² over 6 banks with deposits in the county = 35.0² + 20.8² + 18.3² + … (3 more) = 2,288

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 $35,877 per covered job, against 17,693 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $634.8 m / 17,693 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $35,877

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 #

Putnam County, FL: 14 findings, 5 at a watch level and 9 noted

1. watchPutnam County, FL's typical asking rent is -2.4% against the previous month, a watch level here: typical asking rent at least 1 percent below the previous month (arithmetic on the Zillow ZORI month columns; convention chosen for this dashboard, 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: rent.momPct = -2.350555602075749 <= -1
   • month-over-month percent change = (newest month − previous month) / |previous month| × 100, from Zillow's own published month columns

   arithmetic on the Zillow ZORI month columns; convention chosen for this dashboard, not an official level

2. watchPutnam County, FL's years of wages of 4.0 scores 45 on the 0-to-100 scale across US counties but 8 across Florida counties, a gap of 37 points.

   Period 2026-09.
   Show the arithmetic

   • 37 = |45 across US counties - 8 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. watchPutnam County, FL's typical home value of +0.7% scores 27 on the 0-to-100 scale across US counties but 64 across Florida counties, a gap of 36 points.

   Period 2026-09.
   Show the arithmetic

   • 36 = |27 across US counties - 64 across Florida counties|

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

4. watchPutnam County, FL's typical asking rent of $1,370 scores 37 on the 0-to-100 scale across US counties but 2 across Florida counties, a gap of 35 points.

   Period 2026-09.
   Show the arithmetic

   • 35 = |37 across US counties - 2 across Florida counties|

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

5. watchPutnam County, FL's typical home value of $216,313 scores 44 on the 0-to-100 scale across US counties but 12 across Florida counties, a gap of 32 points.

   Period 2026-09.
   Show the arithmetic

   • 32 = |44 across US counties - 12 across Florida counties|

   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.