Rhea County, TN

Home values #

Typical home $258,525 (Sep 2026), +3.5% over one year, +23.7% over five

• 59th pct · 1,240th of 3,063 US counties · median $230,451
• 56th pct · 42nd of 95 Tennessee counties · median $252,394

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 $1,216/mo (Sep 2026), n/a over one year; price-to-rent 17.7

• 22nd pct · 1,052nd of 1,358 US counties · median $1,506
• 17th pct · 38th of 46 Tennessee counties · median $1,477

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 $1,432 a month on $258,525 at 7.40%, against an average weekly wage worth $4,567 a month: 31.4% of one job’s pay.

• payment = P·r / (1 − (1+r)^−n), P = $258,525 × 80% = $206,820, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,432/mo principal and interest
• wage share = payment / (avg weekly wage $1,054 × 52 / 12 = $4,567) = 31% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
• years of wages = $258,525 / ($1,054 × 52) = 4.7
• price-to-rent = $258,525 / ($1,216 × 12) = 17.7

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 #

12,114 jobs at 617 employers (2026 Q1); -1.8% jobs and +3.1% average weekly wage over the year

• 59th pct · 1,315th of 3,221 US counties · median 8,232
• 61st pct · 37th of 95 Tennessee counties · median 8,576

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 #

D0 abnormally dry

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 #

$667.8 m in deposits at 8 offices of 5 banks (SOD June 2026); HHI 2,624, highly concentrated. $231.3 m federal obligations in FY2026 (direct payments $229.1 m, grants $2.0 m), $19,096 per covered job

Deposit concentration is 2,624 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 = 34.9² + 31.5² + 14.4² + … (2 more) = 2,624

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 $19,096 per covered job, against 12,114 jobs in the 2026 Q1 QCEW quarter.

per job = FY2026 obligations $231.3 m / 12,114 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $19,096

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 #

Rhea County, TN: 8 findings, 1 at a watch level and 7 noted

1. watchRhea County, TN's covered employment is -1.8% 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 = -1.8 < 0

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

2. noteRhea County, TN's average weekly wage was 3.1% 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

   • +3.1 % = 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

3. noteRhea County, TN's covered employment was 1.8% 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

   • -1.8 % = 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

4. noteRhea County, TN's typical asking rent rose 1.4% from $1,199 in August 2026 to $1,216 in September 2026, on Zillow ZORI.

   Period 2026-09.
   Show the arithmetic

   • +1.4% = (1215.8333333333333 - 1198.9819064050114) / 1198.9819064050114 × 100
   • 1215.8333333333333 = Zillow ZORI, 2026-09
   • 1198.9819064050114 = Zillow ZORI, 2026-08

5. noteRhea County, TN's typical home value fell 0.4% from $259,476 in August 2026 to $258,525 in September 2026, on Zillow ZHVI.

   Period 2026-09.
   Show the arithmetic

   • -0.4% = (258524.94300457873 - 259475.89325014976) / 259475.89325014976 × 100
   • 258524.94300457873 = Zillow ZHVI, 2026-09
   • 259475.89325014976 = Zillow ZHVI, 2026-08

Read all 8 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.