Chemung County, NY
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 42.15, -76.75.
Assembled 2026-10-19. Read the brief.
- 23rd pct · 2,340th of 3,063 US counties · median $230,451
- 3rd pct · 60th of 62 New York counties · median $254,056
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
- 85th pct · 441st of 3,062 US counties · median +2.9%
- 83rd pct · 11th of 62 New York counties · median +5.6%
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
- 17th pct · 1,124th of 1,358 US counties · median $1,506
- 4th pct · 47th of 49 New York counties · median $1,521
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
- 78th pct · 691st of 3,221 US counties · median 8,232
- 52nd pct · 30th of 62 New York counties · median 32,139
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
- 80th pct · 618th of 3,221 US counties · median $1,039
- 49th pct · 32nd of 62 New York counties · median $1,250
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
- 12th pct · 2,682nd of 3,063 US counties · median 4.2
- 6th pct · 58th of 62 New York counties · median 4.1
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira 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 $166,618 (Sep 2026), +6.6% over one year, +27.3% over five
- 23rd pct · 2,340th of 3,063 US counties · median $230,451
- 3rd pct · 60th of 62 New York counties · median $254,056
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Chemung County, NY | $166,618 · +6.6% 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 $1,143/mo (Sep 2026), +9.6% over one year; price-to-rent 12.1
- 17th pct · 1,124th of 1,358 US counties · median $1,506
- 4th pct · 47th of 49 New York counties · median $1,521
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Chemung County, NY | $1,143/mo · +9.6% 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 $923 a month on $166,618 at 7.40%, against an average weekly wage worth $5,408 a month: 17.1% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $166,618 × 80% = $133,295, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $923/mo principal and interest
- wage share = payment / (avg weekly wage $1,248 × 52 / 12 = $5,408) = 17% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $166,618 / ($1,248 × 52) = 2.6
- price-to-rent = $166,618 / ($1,143 × 12) = 12.1
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 #
32,747 jobs at 1,852 employers (2026 Q1); -0.4% jobs and +2.7% average weekly wage over the year
- 78th pct · 691st of 3,221 US counties · median 8,232
- 52nd pct · 30th of 62 New York counties · median 32,139
- counties in the Elmira metro: Rank context is unavailable: the manifest lists 1 counties in the Elmira metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Chemung County, NY | 32,747 jobs · $1,248/wk · -0.4% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 5,996 | $1,253 | 1.22 | +1.7% |
| Manufacturing | 4,684 | $1,628 | 1.78 | +1.8% |
| Retail trade | 4,335 | $730 | 1.36 | -4.6% |
| Accommodation and food services | 2,744 | $491 | 0.93 | -4.6% |
| Transportation and warehousing | 1,523 | $1,202 | 1.10 | +2.1% |
| Construction | 1,255 | $1,557 | 0.73 | +2.4% |
| Administrative and waste services | 942 | $863 | 0.51 | -12.5% |
| Professional and technical services | 689 | $1,428 | 0.31 | +3.3% |
| Other services | 654 | $715 | 0.67 | -11.3% |
| Finance and insurance | 651 | $1,950 | 0.49 | -9.2% |
| Educational services | 516 | $931 | 0.73 | +15.2% |
| Information | 363 | $1,439 | 0.60 | +1.1% |
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.
Water #
Banks & federal dollars #
$1.3 bn in deposits at 13 offices of 5 banks (SOD June 2026); HHI 4,369, highly concentrated. $568.4 m federal obligations in FY2026 (direct payments $527.4 m, grants $40.0 m), $17,357 per covered job
| Item | Value | Distance |
|---|---|---|
| Chemung Canal Trust Company | $799.6 m · 60.0% share · 6 offices | |
| Community Bank, National Association | $324.5 m · 24.4% share · 3 offices | |
| Five Star Bank | $172.4 m · 12.9% share · 2 offices | |
| Chemung, NY | $568.4 m FY2026 · $17,357/job |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Chemung Canal Trust Company | $799,582,000 | 60.0% | 6 |
| Community Bank, National Association | $324,498,000 | 24.4% | 3 |
| Five Star Bank | $172,360,000 | 12.9% | 2 |
| Manufacturers and Traders Trust Company | $33,664,000 | 2.5% | 1 |
| Woodforest National Bank | $2,191,000 | 0.2% | 1 |
Deposit concentration is 4,369 across 5 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 5 banks with deposits in the county = 60.0² + 24.4² + 12.9² + … (2 more) = 4,369
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 $17,357 per covered job, against 32,747 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $568.4 m / 32,747 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $17,357
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 #
Chemung County, NY: 14 findings, 3 at a watch level and 11 noted
watchChemung County, NY's typical asking rent is +9.6% against a year earlier, a watch level here: typical asking rent at least 8 percent above a year ago (arithmetic on Zillow ZORI; 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.yoyPct = 9.61679842620801 >= 8
arithmetic on Zillow ZORI; convention chosen for this dashboard, not an official level
watchChemung County, NY's covered employment is -0.4% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; 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 Q1.Show the arithmetic
- test: jobs.yoy.emp = -0.4 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchChemung County, NY's average weekly wage of $1,248 scores 81 on the 0-to-100 scale across US counties but 49 across New York counties, a gap of 32 points.
Period 2026 Q1.Show the arithmetic
- 32 = |81 across US counties - 49 across New York counties|
position among the entities that published this metric this period; not an official level
noteChemung County, NY's average weekly wage was 2.7% 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
- +2.7 % = 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
noteChemung County, NY's typical asking rent fell 0.5% from $1,149 in August 2026 to $1,143 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- -0.5% = (1143.1666666666667 - 1149.243172379477) / 1149.243172379477 × 100
- 1143.1666666666667 = Zillow ZORI, 2026-09
- 1149.243172379477 = Zillow ZORI, 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.