Harmon County, OK

Home values #

Typical home $55,800 (Sep 2026), -18.4% over one year, -28.8% over five

• 0th pct · 3,059th of 3,063 US counties · median $230,451
• 0th pct · 77th of 77 Oklahoma counties · median $164,118

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 #

Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)

• US counties: not published this period
• Oklahoma counties: not published this period

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 $309 a month on $55,800 at 7.40%, against an average weekly wage worth $3,913 a month: 7.9% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $55,800 × 80% = $44,640, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $309/mo principal and interest
• wage share = payment / (avg weekly wage $903 × 52 / 12 = $3,913) = 8% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $55,800 / ($903 × 52) = 1.2

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 #

621 jobs at 74 employers (2026 Q1); -4.2% jobs and +4.4% average weekly wage over the year

• 3rd pct · 3,122nd of 3,221 US counties · median 8,232
• 1st pct · 76th of 77 Oklahoma counties · median 7,282

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 #

D3 extreme drought

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 #

53 % of conservation capacity, weighted over 4 TWDB reservoirs

Sites found: 11, 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 #

15 gauges · 0 flooding · 3 with quality panels averaging 50 % · 3 stale

Sites found: 15, 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 #

23 wells in 0 named aquifers:

Sites found: 23, 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 #

high (0.59)

Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.75 + 0.3×0.47 + 0.2×0.50 / 0.85

Banks & federal dollars #

$119.7 m in deposits at 3 offices of 2 banks (SOD June 2026); HHI 5,324, highly concentrated. $28.5 m federal obligations in FY2026 (direct payments $25.2 m, grants $3.2 m), $45,840 per covered job

Deposit concentration is 5,324 across 2 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.

HHI = Σ (share %)² over 2 banks with deposits in the county = 62.7² + 37.3² = 5,324

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.

That is $45,840 per covered job, against 621 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $28.5 m / 621 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $45,840

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.

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 #

Harmon County, OK: 22 findings, 2 at an alert level, 3 at a watch level and 17 noted

1. alertHarmon County, OK's typical home value is -18.4% against a year earlier, an alert level here: typical home value at least 5 percent below a year ago (arithmetic on Zillow ZHVI, county and metro files; 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: home.yoyPct = -18.437708265377776 <= -5

   arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level

2. alertHarmon County, OK's covered employment is -4.2% against a year earlier, an alert level here: covered employment at least 3 percent below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; 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 Q1.
   Show the arithmetic

   • test: jobs.yoy.emp = -4.2 <= -3

   BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level

3. watchHarmon County, OK's typical home value is -18.4% against a year earlier, a watch level here: typical home value below a year ago (arithmetic on Zillow ZHVI, county and metro files; 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: home.yoyPct = -18.437708265377776 < 0

   arithmetic on Zillow ZHVI, county and metro files; not an official level

4. watchHarmon County, OK's covered employment is -4.2% 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 = -4.2 < 0

   BLS QCEW over-the-year percent change, as published; not an official level

5. watchHarmon County, OK's momentum index is -0.49, a watch level here: momentum index in the cooling band (the cooling band of the momentum index computed here, score at or below -0.25; 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: momentum = -0.49019607843137253 <= -0.25
   • momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)

   the cooling band of the momentum index computed here, score at or below -0.25; convention chosen for this dashboard, not an official level

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.