Madison County, TN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 35.61, -88.83.
Assembled 2026-10-19. Read the brief.
- 46th pct · 1,631st of 3,063 US counties · median $230,451
- 27th pct · 69th of 95 Tennessee counties · median $252,394
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
- 14th pct · 2,631st of 3,062 US counties · median +2.9%
- 2nd pct · 93rd of 95 Tennessee counties · median +2.9%
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
- 42nd pct · 787th of 1,358 US counties · median $1,506
- 46th pct · 25th of 46 Tennessee counties · median $1,477
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
- 86th pct · 442nd of 3,221 US counties · median 8,232
- 88th pct · 12th of 95 Tennessee counties · median 8,576
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
- 73rd pct · 862nd of 3,221 US counties · median $1,039
- 78th pct · 21st of 95 Tennessee counties · median $1,030
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
- 36th pct · 1,932nd of 3,063 US counties · median 4.2
- 15th pct · 80th of 95 Tennessee counties · median 5.0
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson 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 $222,721 (Sep 2026), -1.1% over one year, +17.0% over five
- 46th pct · 1,631st of 3,063 US counties · median $230,451
- 27th pct · 69th of 95 Tennessee counties · median $252,394
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Madison County, TN | $222,721 · -1.1% 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 $1,419/mo (Sep 2026), +2.5% over one year; price-to-rent 13.1
- 42nd pct · 787th of 1,358 US counties · median $1,506
- 46th pct · 25th of 46 Tennessee counties · median $1,477
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Madison County, TN | $1,419/mo · +2.5% 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 $1,234 a month on $222,721 at 7.40%, against an average weekly wage worth $5,087 a month: 24.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $222,721 × 80% = $178,176, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,234/mo principal and interest
- wage share = payment / (avg weekly wage $1,174 × 52 / 12 = $5,087) = 24% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $222,721 / ($1,174 × 52) = 3.6
- price-to-rent = $222,721 / ($1,419 × 12) = 13.1
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 #
60,891 jobs at 2,856 employers (2026 Q1); -0.5% jobs and +3.0% average weekly wage over the year
- 86th pct · 442nd of 3,221 US counties · median 8,232
- 88th pct · 12th of 95 Tennessee counties · median 8,576
- counties in the Jackson metro: Rank context is unavailable: the manifest lists 4 counties in the Jackson metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Madison County, TN | 60,891 jobs · $1,174/wk · -0.5% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 10,947 | $1,531 | 2.23 | +1.7% |
| Health care and social assistance | 7,888 | $1,054 | 0.86 | -1.5% |
| Retail trade | 6,823 | $729 | 1.15 | -0.2% |
| Accommodation and food services | 5,335 | $452 | 0.98 | +1.6% |
| Administrative and waste services | 3,541 | $744 | 1.02 | -3.1% |
| Construction | 2,622 | $1,654 | 0.82 | -4.0% |
| Transportation and warehousing | 2,365 | $1,192 | 0.92 | +0.0% |
| Educational services | 1,429 | $848 | 1.09 | +0.7% |
| Finance and insurance | 1,225 | $1,822 | 0.49 | +0.2% |
| Professional and technical services | 1,111 | $1,529 | 0.26 | -4.2% |
| Other services | 965 | $964 | 0.53 | -1.7% |
| Real estate and rental | 661 | $973 | 0.71 | +3.1% |
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.
Drought #
D2 severe 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 #
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 #
high (0.50)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 / 0.35
Banks & federal dollars #
$2.5 bn in deposits at 36 offices of 17 banks (SOD June 2026); HHI 1,397, moderately concentrated. $673.5 m federal obligations in FY2026 (direct payments $647.2 m, grants $22.3 m), $11,061 per covered job
| Item | Value | Distance |
|---|---|---|
| The Huntington National Bank | $545.2 m · 21.8% share · 5 offices | |
| Regions Bank | $465.8 m · 18.6% share · 6 offices | |
| FirstBank | $389.5 m · 15.6% share · 3 offices | |
| Madison, TN | $673.5 m FY2026 · $11,061/job | |
| MULTIPLE RECIPIENTS | $596.6 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The Huntington National Bank | $545,162,000 | 21.8% | 5 |
| Regions Bank | $465,774,000 | 18.6% | 6 |
| FirstBank | $389,481,000 | 15.6% | 3 |
| First Horizon Bank | $290,221,000 | 11.6% | 2 |
| Simmons Bank | $203,932,000 | 8.2% | 3 |
| Centennial Bank | $198,957,000 | 8.0% | 4 |
| Commercial Bank & Trust Co. | $161,118,000 | 6.4% | 3 |
| Decatur County Bank | $107,782,000 | 4.3% | 1 |
| Community Bank | $49,566,000 | 2.0% | 1 |
| The Park National Bank | $36,546,000 | 1.5% | 1 |
Deposit concentration is 1,397 across 17 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 17 banks with deposits in the county = 21.8² + 18.6² + 15.6² + … (14 more) = 1,397
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 | $521,932,229 |
| Department of Veterans Affairs | $72,923,991 |
| Department of Education | $25,703,808 |
| Department of Housing and Urban Development | $24,005,915 |
| Department of Transportation | $16,322,073 |
| Department of Agriculture | $4,715,499 |
| Railroad Retirement Board | $3,599,943 |
| Delta Regional Authority | $1,204,138 |
| Department of Defense | $853,086 |
| Federal Communications Commission | $715,447 |
| Department of Justice | $689,583 |
| Department of Health and Human Services | $635,672 |
That is $11,061 per covered job, against 60,891 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $673.5 m / 60,891 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $11,061
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 #
Madison County, TN: 11 findings, 2 at a watch level and 9 noted
watchMadison County, TN's typical home value is -1.1% 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 = -1.0910392589419777 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
watchMadison County, TN's covered employment is -0.5% 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 = -0.5 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteMadison County, TN's average weekly wage was 3.0% 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
- +3 % = 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
noteMadison County, TN's typical home value fell 0.7% from $224,239 in August 2026 to $222,721 in September 2026, on Zillow ZHVI.
Period 2026-09.Show the arithmetic
- -0.7% = (222720.6086416257 - 224238.8762784584) / 224238.8762784584 × 100
- 222720.6086416257 = Zillow ZHVI, 2026-09
- 224238.8762784584 = Zillow ZHVI, 2026-08
noteMadison County, TN's covered employment was 0.5% 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
- -0.5 % = 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
Read all 11 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.