Montgomery County, IN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 40.04, -86.89.
Assembled 2026-10-19. Read the brief.
- 48th pct · 1,591st of 3,063 US counties · median $230,451
- 46th pct · 50th of 92 Indiana counties · median $230,095
- 68th pct · 958th of 3,062 US counties · median +2.9%
- 56th pct · 41st of 92 Indiana counties · median +4.2%
- 8th pct · 1,237th of 1,358 US counties · median $1,506
- 23rd pct · 34th of 44 Indiana counties · median $1,207
- 66th pct · 1,090th of 3,221 US counties · median 8,232
- 61st pct · 36th of 92 Indiana counties · median 12,958
- 74th pct · 815th of 3,221 US counties · median $1,039
- 74th pct · 24th of 92 Indiana counties · median $1,045
- 37th pct · 1,912th of 3,063 US counties · median 4.2
- 30th pct · 64th of 92 Indiana counties · median 4.1
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 $226,785 (Sep 2026), +4.4% over one year, +31.3% over five
- 48th pct · 1,591st of 3,063 US counties · median $230,451
- 46th pct · 50th of 92 Indiana counties · median $230,095
| Item | Value | Distance |
|---|---|---|
| Montgomery County, IN | $226,785 · +4.4% 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 $1,020/mo (Sep 2026), +4.4% over one year; price-to-rent 18.5
- 8th pct · 1,237th of 1,358 US counties · median $1,506
- 23rd pct · 34th of 44 Indiana counties · median $1,207
| Item | Value | Distance |
|---|---|---|
| Montgomery County, IN | $1,020/mo · +4.4% 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 $1,256 a month on $226,785 at 7.40%, against an average weekly wage worth $5,139 a month: 24.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $226,785 × 80% = $181,428, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,256/mo principal and interest
- wage share = payment / (avg weekly wage $1,186 × 52 / 12 = $5,139) = 24% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $226,785 / ($1,186 × 52) = 3.7
- price-to-rent = $226,785 / ($1,020 × 12) = 18.5
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 #
15,921 jobs at 932 employers (2026 Q1); +0.1% jobs and +3.2% average weekly wage over the year
- 66th pct · 1,090th of 3,221 US counties · median 8,232
- 61st pct · 36th of 92 Indiana counties · median 12,958
| Item | Value | Distance |
|---|---|---|
| Montgomery County, IN | 15,921 jobs · $1,186/wk · +0.1% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 4,721 | $1,714 | 3.69 | +1.0% |
| Retail trade | 1,494 | $605 | 0.96 | -0.1% |
| Accommodation and food services | 1,247 | $440 | 0.87 | +0.2% |
| Transportation and warehousing | 1,029 | $910 | 1.53 | -6.5% |
| Administrative and waste services | 691 | $652 | 0.76 | +5.3% |
| Construction | 528 | $1,205 | 0.63 | -15.0% |
| Professional and technical services | 407 | $2,053 | 0.37 | +11.2% |
| Other services | 285 | $725 | 0.60 | +1.4% |
| Finance and insurance | 234 | $1,553 | 0.36 | -2.1% |
| Information | 222 | $1,291 | 0.76 | +15.0% |
| Arts, entertainment and recreation | 78 | $433 | 0.30 | -1.3% |
| Real estate and rental | 65 | $850 | 0.27 | +6.6% |
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 #
2 USGS reservoir gauges, no capacity figures to weight
Sites found: 2, 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.
| Site | Reading | Distance |
|---|---|---|
| USGS-03350400 | 22,440 Acre-ft (USGS, no capacity on file) | 72 km |
| USGS-03351700 | 21,980 Acre-ft (USGS, no capacity on file) | 79 km |
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 #
102 gauges · 0 flooding · 16 with quality panels averaging 97 % · 21 stale
Sites found: 102, 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.
| Site | Reading | Distance |
|---|---|---|
| USGS-03339500 | flow 43.9 ft³/s · no flooding | 2 km |
| USGS-03339305 | flow 22.8 ft³/s | 20 km |
| USGS-03339108 | flow 4.70 ft³/s · STALE | 21 km |
| USGS-03340800 | flow 12.7 ft³/s · no flooding | 26 km |
| USGS-03339273 | flow 33.6 ft³/s · out of service · STALE | 27 km |
| USGS-03357330 | flow 12.6 ft³/s · no flooding | 28 km |
| USGS-03335673 | flow 4.88 ft³/s · out of service · STALE | 29 km |
| USGS-03339280 | flow 9.73 ft³/s · no flooding | 32 km |
| USGS-03357350 | flow 0.11 ft³/s · no flooding | 34 km |
| USGS-033356725 | flow 2.99 ft³/s · out of service · STALE | 37 km |
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 #
33 wells in 0 named aquifers:
Sites found: 33, 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.
| Site | Reading | Distance |
|---|---|---|
| USGS-400245086482801 | depth 42.7 ft · 2026-10-18 | 7 km |
| USGS-400247086482101 | depth 43.6 ft · 2024-03-27 | 7 km |
| USGS-401143086394501 | depth 5.25 ft · 2025-03-02 | 26 km |
| USGS-394510087105001 | depth 12.1 ft · 2025-03-09 | 40 km |
| USGS-395245086273501 | depth 104.1 ft · 2026-10-18 | 41 km |
| USGS-395240086273301 | depth 91.2 ft · 2020-02-20 | 41 km |
| USGS-394605086311001 | depth 51.6 ft · 2022-11-17 | 44 km |
| USGS-394608086311001 | depth 60.1 ft · 2026-08-24 | 44 km |
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 (0.01)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.03 / 0.55
Banks & federal dollars #
$926.5 m in deposits at 15 offices of 7 banks (SOD June 2026); HHI 2,024, highly concentrated. $243.4 m federal obligations in FY2026 (direct payments $238.4 m, grants $4.4 m), $15,288 per covered job
| Item | Value | Distance |
|---|---|---|
| Hoosier Heartland State Bank | $314.9 m · 34.0% share · 6 offices | |
| JPMorgan Chase Bank, National Association | $170.0 m · 18.3% share · 1 office | |
| Tri-County Bank & Trust Company | $154.7 m · 16.7% share · 2 offices | |
| Montgomery, IN | $243.4 m FY2026 · $15,288/job | |
| MULTIPLE RECIPIENTS | $227.4 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Hoosier Heartland State Bank | $314,866,000 | 34.0% | 6 |
| JPMorgan Chase Bank, National Association | $169,984,000 | 18.3% | 1 |
| Tri-County Bank & Trust Company | $154,713,000 | 16.7% | 2 |
| PNC Bank, National Association | $91,854,000 | 9.9% | 1 |
| The Fountain Trust Company | $85,554,000 | 9.2% | 3 |
| First Financial Bank | $57,313,000 | 6.2% | 1 |
| First Merchants Bank | $52,262,000 | 5.6% | 1 |
Deposit concentration is 2,024 across 7 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 7 banks with deposits in the county = 34.0² + 18.3² + 16.7² + … (4 more) = 2,024
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 | $210,395,443 |
| Department of Veterans Affairs | $15,900,782 |
| Department of Agriculture | $5,775,582 |
| Department of Housing and Urban Development | $4,547,075 |
| Department of Transportation | $4,280,878 |
| Railroad Retirement Board | $1,092,504 |
| Department of Education | $982,602 |
| Federal Communications Commission | $197,111 |
| Department of Health and Human Services | $135,000 |
| Department of Commerce | $92,500 |
| Small Business Administration | $0 |
That is $15,288 per covered job, against 15,921 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $243.4 m / 15,921 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $15,288
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, IN: 8 findings, 8 noted
noteMontgomery County, IN's average weekly wage was 3.2% 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
- +3.2 % = 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, IN's typical home value rose 0.5% from $225,658 in August 2026 to $226,785 in September 2026, on Zillow ZHVI.
Period 2026-09.Show the arithmetic
- +0.5% = (226785.3054715117 - 225658.41581974374) / 225658.41581974374 × 100
- 226785.3054715117 = Zillow ZHVI, 2026-09
- 225658.41581974374 = Zillow ZHVI, 2026-08
noteMontgomery County, IN's typical asking rent rose 0.3% from $1,017 in August 2026 to $1,020 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- +0.3% = (1020 - 1017.1943245712021) / 1017.1943245712021 × 100
- 1020 = Zillow ZORI, 2026-09
- 1017.1943245712021 = Zillow ZORI, 2026-08
noteMontgomery County, IN's covered employment was 0.1% 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
- +0.1 % = 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, IN's typical asking rent of $1,020 ranks 1,237th of 1,358 US counties, against a median of $1,506.
Period 2026-09.Show the arithmetic
- 9 on the 0-to-100 scale across 1358 US counties that published rent.latest
position among the entities that published this metric this period; not an official level
Read all 8 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.