Calhoun County, MI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 42.24, -85.01.
Assembled 2026-10-19. Read the brief.
- 33rd pct · 2,024th of 3,063 US counties · median $230,451
- 25th pct · 62nd of 83 Michigan counties · median $225,043
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
- 54th pct · 1,382nd of 3,062 US counties · median +2.9%
- 17th pct · 69th of 83 Michigan counties · median +5.3%
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
- 17th pct · 1,120th of 1,358 US counties · median $1,506
- 17th pct · 33rd of 40 Michigan counties · median $1,387
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
- 85th pct · 468th of 3,221 US counties · median 8,232
- 84th pct · 14th of 83 Michigan counties · median 12,414
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
- 92nd pct · 240th of 3,221 US counties · median $1,039
- 95th pct · 5th of 83 Michigan counties · median $1,045
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
- 10th pct · 2,744th of 3,063 US counties · median 4.2
- 1st pct · 82nd of 83 Michigan counties · median 4.0
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
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 $190,006 (Sep 2026), +3.2% over one year, +24.2% over five
- 33rd pct · 2,024th of 3,063 US counties · median $230,451
- 25th pct · 62nd of 83 Michigan counties · median $225,043
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Calhoun County, MI | $190,006 · +3.2% 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 $1,146/mo (Sep 2026), +3.7% over one year; price-to-rent 13.8
- 17th pct · 1,120th of 1,358 US counties · median $1,506
- 17th pct · 33rd of 40 Michigan counties · median $1,387
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Calhoun County, MI | $1,146/mo · +3.7% 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 $1,052 a month on $190,006 at 7.40%, against an average weekly wage worth $6,478 a month: 16.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $190,006 × 80% = $152,005, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,052/mo principal and interest
- wage share = payment / (avg weekly wage $1,495 × 52 / 12 = $6,478) = 16% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $190,006 / ($1,495 × 52) = 2.4
- price-to-rent = $190,006 / ($1,146 × 12) = 13.8
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 #
56,518 jobs at 2,736 employers (2026 Q1); +4.0% jobs and +8.8% average weekly wage over the year
- 85th pct · 468th of 3,221 US counties · median 8,232
- 84th pct · 14th of 83 Michigan counties · median 12,414
- counties in the Battle Creek metro: Rank context is unavailable: the manifest lists 1 counties in the Battle Creek metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Calhoun County, MI | 56,518 jobs · $1,495/wk · +4.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 10,092 | $1,617 | 2.22 | +0.3% |
| Health care and social assistance | 8,827 | $1,168 | 1.04 | -0.2% |
| Accommodation and food services | 5,938 | $460 | 1.17 | +37.9% |
| Retail trade | 5,656 | $734 | 1.03 | +0.6% |
| Administrative and waste services | 2,531 | $999 | 0.79 | +6.4% |
| Construction | 2,328 | $1,375 | 0.79 | +42.6% |
| Transportation and warehousing | 1,878 | $1,609 | 0.79 | -0.4% |
| Other services | 1,401 | $1,246 | 0.83 | +6.9% |
| Finance and insurance | 1,008 | $1,428 | 0.44 | +1.6% |
| Educational services | 822 | $775 | 0.68 | -5.2% |
| Agriculture, forestry, fishing | 632 | $715 | 1.55 | +0.0% |
| Arts, entertainment and recreation | 406 | $493 | 0.44 | +1.5% |
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 #
$1.3 bn in deposits at 17 offices of 10 banks (SOD June 2026); HHI 1,890, highly concentrated. $1.1 bn federal obligations in FY2026 (direct payments $914.7 m, contracts $110.8 m), $19,384 per covered job
| Item | Value | Distance |
|---|---|---|
| Fifth Third Bank, National Association | $379.0 m · 28.4% share · 3 offices | |
| The Huntington National Bank | $303.6 m · 22.7% share · 4 offices | |
| Southern Michigan Bank & Trust | $277.7 m · 20.8% share · 3 offices | |
| Calhoun, MI | $1.1 bn FY2026 · $19,384/job | |
| MULTIPLE RECIPIENTS | $881.8 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Fifth Third Bank, National Association | $378,986,000 | 28.4% | 3 |
| The Huntington National Bank | $303,591,000 | 22.7% | 4 |
| Southern Michigan Bank & Trust | $277,726,000 | 20.8% | 3 |
| PNC Bank, National Association | $102,729,000 | 7.7% | 1 |
| Old National Bank | $64,882,000 | 4.9% | 1 |
| Highpoint Community Bank | $50,478,000 | 3.8% | 1 |
| Homestead Savings Bank | $49,478,000 | 3.7% | 1 |
| County National Bank | $46,791,000 | 3.5% | 1 |
| Flagstar Bank, National Association | $38,492,000 | 2.9% | 1 |
| Sturgis Bank & Trust Company | $21,701,000 | 1.6% | 1 |
Deposit concentration is 1,890 across 10 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 10 banks with deposits in the county = 28.4² + 22.7² + 20.8² + … (7 more) = 1,890
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 | $728,834,924 |
| Department of Veterans Affairs | $119,078,249 |
| Department of Health and Human Services | $76,656,846 |
| Department of Defense | $63,828,218 |
| Department of Transportation | $32,493,195 |
| Department of Homeland Security | $16,160,015 |
| Department of Education | $14,198,721 |
| Railroad Retirement Board | $12,759,478 |
| Department of Housing and Urban Development | $9,926,678 |
| General Services Administration | $8,194,023 |
| Department of Agriculture | $6,795,648 |
| Federal Communications Commission | $4,744,985 |
That is $19,384 per covered job, against 56,518 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $1.1 bn / 56,518 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $19,384
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 #
Calhoun County, MI: 13 findings, 1 at a watch level and 12 noted
watchCalhoun County, MI's typical home value of +3.2% scores 55 on the 0-to-100 scale across US counties but 17 across Michigan counties, a gap of 38 points.
Period 2026-09.Show the arithmetic
- 38 = |55 across US counties - 17 across Michigan counties|
position among the entities that published this metric this period; not an official level
noteCalhoun County, MI's average weekly wage was 8.8% 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
- +8.8 % = 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
noteCalhoun County, MI's covered employment was 4.0% 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
- +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
noteCalhoun County, MI's typical asking rent fell 0.6% from $1,153 in August 2026 to $1,146 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- -0.6% = (1145.9721739130434 - 1153.2532382214772) / 1153.2532382214772 × 100
- 1145.9721739130434 = Zillow ZORI, 2026-09
- 1153.2532382214772 = Zillow ZORI, 2026-08
noteCalhoun County, MI's typical home value fell 0.3% from $190,555 in August 2026 to $190,006 in September 2026, on Zillow ZHVI.
Period 2026-09.Show the arithmetic
- -0.3% = (190006.1637195981 - 190554.7557050679) / 190554.7557050679 × 100
- 190006.1637195981 = Zillow ZHVI, 2026-09
- 190554.7557050679 = Zillow ZHVI, 2026-08
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.