Hamilton County, IN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 40.05, -86.02.
Assembled 2026-10-19. Read the brief.
- 91st pct · 258th of 3,063 US counties · median $230,451
- 100th pct · 1st of 92 Indiana counties · median $230,095
- 100th pct · 1st of 11 counties in the Indianapolis-Carmel-Greenwood metro · median $312,876
- 49th pct · 1,557th of 3,062 US counties · median +2.9%
- 29th pct · 65th of 92 Indiana counties · median +4.2%
- 70th pct · 4th of 11 counties in the Indianapolis-Carmel-Greenwood metro · median +2.0%
- 75th pct · 332nd of 1,358 US counties · median $1,506
- 97th pct · 2nd of 44 Indiana counties · median $1,207
- 87th pct · 2nd of 9 counties in the Indianapolis-Carmel-Greenwood metro · median $1,597
- 93rd pct · 196th of 3,221 US counties · median 8,232
- 96th pct · 4th of 92 Indiana counties · median 12,958
- 90th pct · 2nd of 11 counties in the Indianapolis-Carmel-Greenwood metro · median 39,851
- 94th pct · 193rd of 3,221 US counties · median $1,039
- 96th pct · 4th of 92 Indiana counties · median $1,045
- 90th pct · 2nd of 11 counties in the Indianapolis-Carmel-Greenwood metro · median $1,134
- 76th pct · 719th of 3,063 US counties · median 4.2
- 90th pct · 10th of 92 Indiana counties · median 4.1
- 60th pct · 5th of 11 counties in the Indianapolis-Carmel-Greenwood metro · median 5.5
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 $466,276 (Sep 2026), +2.8% over one year, +26.6% over five
- 91st pct · 258th of 3,063 US counties · median $230,451
- 100th pct · 1st of 92 Indiana counties · median $230,095
- 100th pct · 1st of 11 counties in the Indianapolis-Carmel-Greenwood metro · median $312,876
| Item | Value | Distance |
|---|---|---|
| Hamilton County, IN | $466,276 · +2.8% 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 $1,845/mo (Sep 2026), +6.2% over one year; price-to-rent 21.1
- 75th pct · 332nd of 1,358 US counties · median $1,506
- 97th pct · 2nd of 44 Indiana counties · median $1,207
- 87th pct · 2nd of 9 counties in the Indianapolis-Carmel-Greenwood metro · median $1,597
| Item | Value | Distance |
|---|---|---|
| Hamilton County, IN | $1,845/mo · +6.2% 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 $2,583 a month on $466,276 at 7.40%, against an average weekly wage worth $6,760 a month: 38.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $466,276 × 80% = $373,021, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,583/mo principal and interest
- wage share = payment / (avg weekly wage $1,560 × 52 / 12 = $6,760) = 38% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $466,276 / ($1,560 × 52) = 5.7
- price-to-rent = $466,276 / ($1,845 × 12) = 21.1
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 #
171,238 jobs at 14,048 employers (2026 Q1); +3.7% jobs and +5.8% average weekly wage over the year
- 93rd pct · 196th of 3,221 US counties · median 8,232
- 96th pct · 4th of 92 Indiana counties · median 12,958
- 90th pct · 2nd of 11 counties in the Indianapolis-Carmel-Greenwood metro · median 39,851
| Item | Value | Distance |
|---|---|---|
| Hamilton County, IN | 171,238 jobs · $1,560/wk · +3.7% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 26,308 | $1,386 | 1.02 | +17.5% |
| Retail trade | 18,588 | $887 | 1.11 | +1.6% |
| Accommodation and food services | 17,924 | $500 | 1.17 | +0.8% |
| Professional and technical services | 15,921 | $2,288 | 1.35 | +1.5% |
| Finance and insurance | 15,426 | $3,075 | 2.21 | -1.2% |
| Administrative and waste services | 11,449 | $1,060 | 1.18 | +0.8% |
| Construction | 9,708 | $1,762 | 1.08 | -0.8% |
| Wholesale trade | 7,820 | $2,963 | 1.19 | +6.9% |
| Other services | 5,428 | $891 | 1.06 | +6.8% |
| Arts, entertainment and recreation | 3,918 | $645 | 1.39 | +11.8% |
| Real estate and rental | 3,264 | $1,652 | 1.24 | +6.3% |
| Management of companies | 3,114 | $2,680 | 1.09 | -2.5% |
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 #
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 #
$30.5 bn in deposits at 116 offices of 32 banks (SOD June 2026); HHI 2,278, highly concentrated. $1.9 bn federal obligations in FY2026 (direct payments $1.8 bn, grants $69.5 m), $11,280 per covered job
| Item | Value | Distance |
|---|---|---|
| Merchants Bank of Indiana | $13.1 bn · 43.0% share · 2 offices | |
| First Internet Bank of Indiana | $4.8 bn · 15.9% share · 1 office | |
| JPMorgan Chase Bank, National Association | $2.9 bn · 9.4% share · 14 offices | |
| Hamilton, IN | $1.9 bn FY2026 · $11,280/job |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Merchants Bank of Indiana | $13,127,915,000 | 43.0% | 2 |
| First Internet Bank of Indiana | $4,837,281,000 | 15.9% | 1 |
| JPMorgan Chase Bank, National Association | $2,879,889,000 | 9.4% | 14 |
| First Merchants Bank | $1,973,275,000 | 6.5% | 6 |
| Fifth Third Bank, National Association | $969,205,000 | 3.2% | 7 |
| The Huntington National Bank | $880,328,000 | 2.9% | 9 |
| PNC Bank, National Association | $870,007,000 | 2.9% | 8 |
| Lake City Bank | $584,425,000 | 1.9% | 5 |
| BMO Bank National Association | $523,564,000 | 1.7% | 7 |
| Old National Bank | $473,540,000 | 1.6% | 3 |
Deposit concentration is 2,278 across 32 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 32 banks with deposits in the county = 43.0² + 15.9² + 9.4² + … (29 more) = 2,278
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 #
That is $11,280 per covered job, against 171,238 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $1.9 bn / 171,238 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $11,280
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 #
Hamilton County, IN: 25 findings, 25 noted
noteHamilton County, IN's average weekly wage was 5.8% 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
- +5.8 % = 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
noteHamilton County, IN's covered employment was 3.7% 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
- +3.7 % = 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
noteHamilton County, IN's typical asking rent rose 0.4% from $1,837 in August 2026 to $1,845 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- +0.4% = (1845.0475076344844 - 1836.8616960610516) / 1836.8616960610516 × 100
- 1845.0475076344844 = Zillow ZORI, 2026-09
- 1836.8616960610516 = Zillow ZORI, 2026-08
noteHamilton County, IN's typical home value rose 0.4% from $464,274 in August 2026 to $466,276 in September 2026, on Zillow ZHVI.
Period 2026-09.Show the arithmetic
- +0.4% = (466275.67466220626 - 464273.7651622081) / 464273.7651622081 × 100
- 466275.67466220626 = Zillow ZHVI, 2026-09
- 464273.7651622081 = Zillow ZHVI, 2026-08
noteHamilton County, IN's typical home value of $466,276 ranks 1st of 92 Indiana counties, against a median of $230,095.
Period 2026-09.Show the arithmetic
- 100 on the 0-to-100 scale across 92 Indiana counties that published home.latest
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.