Summit County, OH
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 41.12, -81.53.
Assembled 2026-10-19. Read the brief.
- 48th pct · 1,582nd of 3,063 US counties · median $230,451
- 55th pct · 40th of 88 Ohio counties · median $218,478
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
- 60th pct · 1,218th of 3,062 US counties · median +2.9%
- 40th pct · 53rd of 88 Ohio counties · median +3.9%
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
- 27th pct · 988th of 1,358 US counties · median $1,506
- 44th pct · 31st of 55 Ohio counties · median $1,340
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
- 96th pct · 128th of 3,221 US counties · median 8,232
- 96th pct · 4th of 88 Ohio counties · median 20,657
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
- 88th pct · 374th of 3,221 US counties · median $1,039
- 90th pct · 9th of 88 Ohio counties · median $1,081
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
- 26th pct · 2,265th of 3,063 US counties · median 4.2
- 28th pct · 63rd of 88 Ohio counties · median 3.7
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron 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 $227,458 (Sep 2026), +3.6% over one year, +30.4% over five
- 48th pct · 1,582nd of 3,063 US counties · median $230,451
- 55th pct · 40th of 88 Ohio counties · median $218,478
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Summit County, OH | $227,458 · +3.6% 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 $1,270/mo (Sep 2026), +3.8% over one year; price-to-rent 14.9
- 27th pct · 988th of 1,358 US counties · median $1,506
- 44th pct · 31st of 55 Ohio counties · median $1,340
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Summit County, OH | $1,270/mo · +3.8% 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 $1,260 a month on $227,458 at 7.40%, against an average weekly wage worth $5,941 a month: 21.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $227,458 × 80% = $181,967, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,260/mo principal and interest
- wage share = payment / (avg weekly wage $1,371 × 52 / 12 = $5,941) = 21% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $227,458 / ($1,371 × 52) = 3.2
- price-to-rent = $227,458 / ($1,270 × 12) = 14.9
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 #
254,527 jobs at 15,566 employers (2026 Q1); -1.2% jobs and +4.5% average weekly wage over the year
- 96th pct · 128th of 3,221 US counties · median 8,232
- 96th pct · 4th of 88 Ohio counties · median 20,657
- counties in the Akron metro: Rank context is unavailable: the manifest lists 2 counties in the Akron metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Summit County, OH | 254,527 jobs · $1,371/wk · -1.2% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 48,805 | $1,347 | 1.27 | +0.5% |
| Retail trade | 25,360 | $820 | 1.02 | -3.6% |
| Manufacturing | 25,288 | $1,460 | 1.23 | -3.7% |
| Accommodation and food services | 21,714 | $438 | 0.95 | +0.1% |
| Professional and technical services | 14,405 | $1,889 | 0.82 | -1.8% |
| Administrative and waste services | 13,597 | $990 | 0.94 | +2.1% |
| Transportation and warehousing | 12,922 | $994 | 1.20 | -2.2% |
| Construction | 12,281 | $1,698 | 0.92 | +3.4% |
| Wholesale trade | 12,075 | $1,671 | 1.24 | -4.1% |
| Finance and insurance | 9,764 | $2,808 | 0.94 | +3.6% |
| Management of companies | 9,143 | $3,654 | 2.15 | -4.9% |
| Other services | 7,411 | $810 | 0.97 | -1.9% |
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 #
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 |
|---|---|---|
| Pymatuning Reservoir at Pymatuning Dam, PA | 1,008 ft (USGS, no capacity on file) | 99 km |
| Lake Arthur at Moraine State Park, PA | 1,190 ft (USGS, no capacity on file) | 120 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 #
129 gauges · 0 flooding · 20 with quality panels averaging 99 % · 40 stale
Sites found: 129, 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 |
|---|---|---|
| Grand River near Painesville OH | flow 28.0 ft³/s · quality 80 % (5) · no flooding | 71 km |
| Cuyahoga R at Cuyahoga St below Cuyahoga Falls OH | flow 84.4 ft³/s · STALE | 1 km |
| Cuyahoga River at Old Portage OH | flow 141.0 ft³/s · no flooding | 2 km |
| Cuyahoga R at Gorge Metro Pk at Cuyahoga Falls OH | flow 57.2 ft³/s · STALE | 3 km |
| Mud Brook at Cuyahoga Falls OH | flow 3.72 ft³/s · STALE | 4 km |
| Cuyahoga River at Cuyahoga Falls OH | stage 0.78 ft · STALE | 5 km |
| USGS-410433081312500 | flow 13.7 ft³/s | 5 km |
| Schocalog Run at Copley Junction OH | flow 0.92 ft³/s · STALE | 6 km |
| Yellow Creek at Botzum OH | flow 8.26 ft³/s · STALE | 6 km |
| Crystal Creek at Stow OH | flow 0.40 ft³/s · STALE | 7 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 #
77 wells in 3 named aquifers: Sand and gravel aquifers (glaciated regions), Pennsylvanian aquifers, Mississippian aquifers
Sites found: 77, 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 |
|---|---|---|
| Sand and gravel aquifers (glaciated regions) | depth 21.5 ft · 2024-08-16 | 7 km |
| Sand and gravel aquifers (glaciated regions) | depth 7.06 ft · 2024-09-29 | 9 km |
| USGS-410141081315200 | depth 18.0 ft · 1988-05-11 | 10 km |
| Sand and gravel aquifers (glaciated regions) | depth 27.2 ft · 2024-09-29 | 18 km |
| USGS-410920081192000 | depth 18.3 ft · 1989-09-29 | 18 km |
| USGS-410120081431800 | depth 144.5 ft · 2002-01-01 | 19 km |
| Mississippian aquifers | depth 92.8 ft · 2024-09-29 | 19 km |
| USGS-411038081190200 | depth 1,051 ft · 1988-09-29 | 19 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 (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.01 / 0.55
Banks & federal dollars #
$16.8 bn in deposits at 123 offices of 23 banks (SOD June 2026); HHI 1,421, moderately concentrated. $3.9 bn federal obligations in FY2026 (direct payments $3.7 bn, grants $167.0 m), $15,307 per covered job
| Item | Value | Distance |
|---|---|---|
| The Huntington National Bank | $4.6 bn · 27.2% share · 21 offices | |
| PNC Bank, National Association | $2.4 bn · 14.1% share · 15 offices | |
| KeyBank National Association | $2.3 bn · 13.6% share · 12 offices | |
| Summit, OH | $3.9 bn FY2026 · $15,307/job | |
| MULTIPLE RECIPIENTS | $3.6 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The Huntington National Bank | $4,565,142,000 | 27.2% | 21 |
| PNC Bank, National Association | $2,366,217,000 | 14.1% | 15 |
| KeyBank National Association | $2,289,728,000 | 13.6% | 12 |
| JPMorgan Chase Bank, National Association | $2,288,751,000 | 13.6% | 14 |
| Fifth Third Bank, National Association | $1,151,777,000 | 6.9% | 13 |
| Citizens Bank, National Association | $821,419,000 | 4.9% | 10 |
| Third Federal Savings and Loan Association of Cleveland | $633,270,000 | 3.8% | 3 |
| Flagstar Bank, National Association | $525,564,000 | 3.1% | 4 |
| U.S. Bank National Association | $460,204,000 | 2.7% | 7 |
| First Financial Bank | $349,250,000 | 2.1% | 2 |
Deposit concentration is 1,421 across 23 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 23 banks with deposits in the county = 27.2² + 14.1² + 13.6² + … (20 more) = 1,421
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 | $2,832,106,391 |
| Department of Health and Human Services | $507,368,298 |
| Department of Veterans Affairs | $229,693,055 |
| Department of Housing and Urban Development | $120,047,137 |
| Department of Transportation | $108,673,305 |
| Department of Education | $35,538,369 |
| Department of Defense | $28,995,230 |
| Department of Justice | $8,841,583 |
| Railroad Retirement Board | $8,321,916 |
| General Services Administration | $4,971,841 |
| Department of Agriculture | $3,838,951 |
| Department of Homeland Security | $3,829,913 |
That is $15,307 per covered job, against 254,527 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $3.9 bn / 254,527 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $15,307
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 #
Summit County, OH: 10 findings, 1 at a watch level and 9 noted
watchSummit County, OH's covered employment is -1.2% 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 = -1.2 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteSummit County, OH's average weekly wage was 4.5% 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
- +4.5 % = 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
noteSummit County, OH's covered employment was 1.2% lower 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
- -1.2 % = 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
noteSummit County, OH's typical asking rent fell 0.3% from $1,274 in August 2026 to $1,270 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- -0.3% = (1270.1231665847263 - 1274.1548727438335) / 1274.1548727438335 × 100
- 1270.1231665847263 = Zillow ZORI, 2026-09
- 1274.1548727438335 = Zillow ZORI, 2026-08
noteSummit County, OH's covered employment of 254,527 ranks 4th of 88 Ohio counties, against a median of 20,657.
Period 2026 Q1.Show the arithmetic
- 97 on the 0-to-100 scale across 88 Ohio counties that published jobs.emp
position among the entities that published this metric this period; not an official level
Read all 10 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.