Hendricks County, IN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 39.77, -86.51.
Assembled 2026-10-19. Read the brief.
- 78th pct · 655th of 3,063 US counties · median $230,451
- 95th pct · 5th of 92 Indiana counties · median $230,095
- 70th pct · 4th of 11 counties in the Indianapolis-Carmel-Greenwood metro · median $312,876
- 35th pct · 1,984th of 3,062 US counties · median +2.9%
- 10th pct · 82nd of 92 Indiana counties · median +4.2%
- 30th pct · 8th of 11 counties in the Indianapolis-Carmel-Greenwood metro · median +2.0%
- 72nd pct · 373rd of 1,358 US counties · median $1,506
- 95th pct · 3rd of 44 Indiana counties · median $1,207
- 75th pct · 3rd of 9 counties in the Indianapolis-Carmel-Greenwood metro · median $1,597
- 89th pct · 352nd of 3,221 US counties · median 8,232
- 91st pct · 9th of 92 Indiana counties · median 12,958
- 80th pct · 3rd of 11 counties in the Indianapolis-Carmel-Greenwood metro · median 39,851
- 65th pct · 1,126th of 3,221 US counties · median $1,039
- 64th pct · 33rd of 92 Indiana counties · median $1,045
- 40th pct · 7th of 11 counties in the Indianapolis-Carmel-Greenwood metro · median $1,134
- 78th pct · 651st of 3,063 US counties · median 4.2
- 94th pct · 6th of 92 Indiana counties · median 4.1
- 80th pct · 3rd 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 $343,151 (Sep 2026), +1.6% over one year, +21.3% over five
- 78th pct · 655th of 3,063 US counties · median $230,451
- 95th pct · 5th of 92 Indiana counties · median $230,095
- 70th pct · 4th of 11 counties in the Indianapolis-Carmel-Greenwood metro · median $312,876
| Item | Value | Distance |
|---|---|---|
| Hendricks County, IN | $343,151 · +1.6% 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 $1,799/mo (Sep 2026), +2.9% over one year; price-to-rent 15.9
- 72nd pct · 373rd of 1,358 US counties · median $1,506
- 95th pct · 3rd of 44 Indiana counties · median $1,207
- 75th pct · 3rd of 9 counties in the Indianapolis-Carmel-Greenwood metro · median $1,597
| Item | Value | Distance |
|---|---|---|
| Hendricks County, IN | $1,799/mo · +2.9% 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 $1,901 a month on $343,151 at 7.40%, against an average weekly wage worth $4,832 a month: 39.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $343,151 × 80% = $274,521, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,901/mo principal and interest
- wage share = payment / (avg weekly wage $1,115 × 52 / 12 = $4,832) = 39% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $343,151 / ($1,115 × 52) = 5.9
- price-to-rent = $343,151 / ($1,799 × 12) = 15.9
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 #
82,327 jobs at 4,567 employers (2026 Q1); +2.5% jobs and +2.9% average weekly wage over the year
- 89th pct · 352nd of 3,221 US counties · median 8,232
- 91st pct · 9th of 92 Indiana counties · median 12,958
- 80th pct · 3rd of 11 counties in the Indianapolis-Carmel-Greenwood metro · median 39,851
| Item | Value | Distance |
|---|---|---|
| Hendricks County, IN | 82,327 jobs · $1,115/wk · +2.5% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Transportation and warehousing | 16,135 | $1,083 | 4.65 | -2.8% |
| Retail trade | 11,822 | $804 | 1.47 | +7.0% |
| Health care and social assistance | 8,297 | $1,230 | 0.67 | +5.4% |
| Accommodation and food services | 8,123 | $434 | 1.10 | +3.8% |
| Administrative and waste services | 4,947 | $714 | 1.06 | +24.1% |
| Manufacturing | 4,391 | $1,855 | 0.66 | +7.4% |
| Construction | 4,099 | $1,626 | 0.95 | +5.0% |
| Wholesale trade | 3,933 | $1,600 | 1.25 | -11.9% |
| Professional and technical services | 3,041 | $1,453 | 0.54 | +1.7% |
| Other services | 2,102 | $847 | 0.85 | -3.5% |
| Finance and insurance | 1,407 | $1,739 | 0.42 | +3.6% |
| Arts, entertainment and recreation | 950 | $880 | 0.70 | +14.9% |
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 #
$4.8 bn in deposits at 56 offices of 19 banks (SOD June 2026); HHI 987, unconcentrated. $969.9 m federal obligations in FY2026 (direct payments $947.2 m, grants $18.7 m), $11,781 per covered job
| Item | Value | Distance |
|---|---|---|
| JPMorgan Chase Bank, National Association | $830.3 m · 17.3% share · 4 offices | |
| PNC Bank, National Association | $554.5 m · 11.6% share · 5 offices | |
| First Merchants Bank | $532.0 m · 11.1% share · 3 offices | |
| Hendricks, IN | $969.9 m FY2026 · $11,781/job | |
| MULTIPLE RECIPIENTS | $941.1 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| JPMorgan Chase Bank, National Association | $830,329,000 | 17.3% | 4 |
| PNC Bank, National Association | $554,511,000 | 11.6% | 5 |
| First Merchants Bank | $531,955,000 | 11.1% | 3 |
| The North Salem State Bank | $488,259,000 | 10.2% | 5 |
| The Huntington National Bank | $466,347,000 | 9.7% | 4 |
| State Bank | $439,658,000 | 9.2% | 5 |
| Fifth Third Bank, National Association | $422,809,000 | 8.8% | 4 |
| Hendricks County Bank and Trust Company | $226,262,000 | 4.7% | 5 |
| BMO Bank National Association | $170,251,000 | 3.6% | 3 |
| Old National Bank | $163,669,000 | 3.4% | 3 |
Deposit concentration is 987 across 19 banks, which the 1995 Department of Justice bank merger screen calls unconcentrated.
HHI = Σ (share %)² over 19 banks with deposits in the county = 17.3² + 11.6² + 11.1² + … (16 more) = 987
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 | $830,968,394 |
| Department of Veterans Affairs | $100,220,744 |
| Department of Transportation | $16,244,601 |
| Railroad Retirement Board | $10,070,649 |
| Department of Agriculture | $4,723,296 |
| Department of Justice | $2,881,197 |
| Environmental Protection Agency | $1,959,752 |
| Department of Housing and Urban Development | $1,118,348 |
| Department of Defense | $933,170 |
| Federal Communications Commission | $555,117 |
| Department of Health and Human Services | $263,613 |
| Small Business Administration | $0 |
That is $11,781 per covered job, against 82,327 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $969.9 m / 82,327 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $11,781
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 #
Hendricks County, IN: 9 findings, 9 noted
noteHendricks County, IN's average weekly wage was 2.9% 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
- +2.9 % = 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
noteHendricks County, IN's covered employment was 2.5% 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
- +2.5 % = 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
noteHendricks County, IN's typical home value of $343,151 ranks 5th of 92 Indiana counties, against a median of $230,095.
Period 2026-09.Show the arithmetic
- 96 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
noteHendricks County, IN's typical asking rent of $1,799 ranks 3rd of 44 Indiana counties, against a median of $1,207.
Period 2026-09.Show the arithmetic
- 95 on the 0-to-100 scale across 44 Indiana counties that published rent.latest
position among the entities that published this metric this period; not an official level
noteHendricks County, IN's years of wages of 5.9 ranks 6th of 92 Indiana counties, against a median of 4.1.
Period 2026-09.Show the arithmetic
- 95 on the 0-to-100 scale across 92 Indiana counties that published yearsOfWages
- 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
Read all 9 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.