Shelby County, TN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 35.18, -89.89.
Assembled 2026-10-19. Read the brief.
- 44th pct · 1,710th of 3,063 US counties · median $230,451
- 25th pct · 71st of 95 Tennessee counties · median $252,394
- 37th pct · 6th of 9 counties in the Memphis metro · median $216,006
- 13th pct · 2,642nd of 3,062 US counties · median +2.9%
- 1st pct · 94th of 95 Tennessee counties · median +2.9%
- 0th pct · 9th of 9 counties in the Memphis metro · median +1.4%
- 34th pct · 888th of 1,358 US counties · median $1,506
- 31st pct · 32nd of 46 Tennessee counties · median $1,477
- 25th pct · 4th of 5 counties in the Memphis metro · median $1,529
- 98th pct · 59th of 3,221 US counties · median 8,232
- 98th pct · 2nd of 95 Tennessee counties · median 8,576
- 100th pct · 1st of 9 counties in the Memphis metro · median 11,668
- 92nd pct · 248th of 3,221 US counties · median $1,039
- 95th pct · 5th of 95 Tennessee counties · median $1,030
- 100th pct · 1st of 9 counties in the Memphis metro · median $933
- 16th pct · 2,551st of 3,063 US counties · median 4.2
- 3rd pct · 92nd of 95 Tennessee counties · median 5.0
- 0th pct · 9th of 9 counties in the Memphis metro · median 4.5
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 $215,732 (Sep 2026), -1.2% over one year, +11.6% over five
- 44th pct · 1,710th of 3,063 US counties · median $230,451
- 25th pct · 71st of 95 Tennessee counties · median $252,394
- 37th pct · 6th of 9 counties in the Memphis metro · median $216,006
| Item | Value | Distance |
|---|---|---|
| Shelby County, TN | $215,732 · -1.2% 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 $1,341/mo (Sep 2026), +1.4% over one year; price-to-rent 13.4
- 34th pct · 888th of 1,358 US counties · median $1,506
- 31st pct · 32nd of 46 Tennessee counties · median $1,477
- 25th pct · 4th of 5 counties in the Memphis metro · median $1,529
| Item | Value | Distance |
|---|---|---|
| Shelby County, TN | $1,341/mo · +1.4% 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 $1,195 a month on $215,732 at 7.40%, against an average weekly wage worth $6,435 a month: 18.6% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $215,732 × 80% = $172,586, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,195/mo principal and interest
- wage share = payment / (avg weekly wage $1,485 × 52 / 12 = $6,435) = 19% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $215,732 / ($1,485 × 52) = 2.8
- price-to-rent = $215,732 / ($1,341 × 12) = 13.4
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 #
458,734 jobs at 22,803 employers (2026 Q1); -2.9% jobs and +3.2% average weekly wage over the year
- 98th pct · 59th of 3,221 US counties · median 8,232
- 98th pct · 2nd of 95 Tennessee counties · median 8,576
- 100th pct · 1st of 9 counties in the Memphis metro · median 11,668
| Item | Value | Distance |
|---|---|---|
| Shelby County, TN | 458,734 jobs · $1,485/wk · -2.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 73,427 | $1,365 | 1.06 | +0.0% |
| Transportation and warehousing | 61,396 | $1,682 | 3.18 | -3.8% |
| Retail trade | 38,990 | $808 | 0.87 | -10.2% |
| Accommodation and food services | 37,425 | $497 | 0.91 | +0.3% |
| Administrative and waste services | 36,280 | $910 | 1.39 | -3.0% |
| Manufacturing | 26,227 | $1,964 | 0.71 | -3.7% |
| Wholesale trade | 25,637 | $1,886 | 1.46 | -4.6% |
| Professional and technical services | 19,404 | $1,765 | 0.61 | -4.0% |
| Construction | 18,272 | $1,561 | 0.76 | +1.3% |
| Finance and insurance | 13,087 | $3,412 | 0.70 | -2.8% |
| Other services | 11,278 | $1,207 | 0.82 | -11.0% |
| Educational services | 10,194 | $1,060 | 1.03 | +0.4% |
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 #
$36.2 bn in deposits at 203 offices of 33 banks (SOD June 2026); HHI 2,469, highly concentrated. $5.8 bn federal obligations in FY2026 (direct payments $4.8 bn, contracts $599.5 m), $12,614 per covered job
| Item | Value | Distance |
|---|---|---|
| First Horizon Bank | $17.0 bn · 47.0% share · 28 offices | |
| Regions Bank | $3.9 bn · 10.7% share · 29 offices | |
| Pinnacle Bank | $2.7 bn · 7.6% share · 7 offices | |
| Shelby, TN | $5.8 bn FY2026 · $12,614/job |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First Horizon Bank | $17,013,855,000 | 47.0% | 28 |
| Regions Bank | $3,855,254,000 | 10.7% | 29 |
| Pinnacle Bank | $2,740,438,000 | 7.6% | 7 |
| Bank of America, National Association | $1,807,461,000 | 5.0% | 11 |
| Independent Bank | $1,618,478,000 | 4.5% | 9 |
| Truist Bank | $1,334,430,000 | 3.7% | 15 |
| The Huntington National Bank | $961,611,000 | 2.7% | 9 |
| Financial Federal Bank | $879,692,000 | 2.4% | 1 |
| Paragon Bank | $605,079,000 | 1.7% | 4 |
| Renasant Bank | $504,053,000 | 1.4% | 6 |
Deposit concentration is 2,469 across 33 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 33 banks with deposits in the county = 47.0² + 10.7² + 7.6² + … (30 more) = 2,469
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 $12,614 per covered job, against 458,734 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $5.8 bn / 458,734 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $12,614
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.
Public companies #
1 public company files with the SEC from a business address here (FedEx Corp). These rows are a committed fixture, not a pull: the snapshot has never been refreshed, so every financial fact is null and the list is not a complete census of filers in this county. The county's jobs mix maps to 10 GICS sectors, led by Industrials.
| Item | Value | Distance |
|---|---|---|
| FedEx Corp | FDX · NYSE · Industrials · Memphis, TN 38120 |
This is a committed fixture, not a pull: 1 filers are named and their financial facts are empty until the snapshot is refreshed. An absent company is not evidence that none is headquartered here.
Public filers whose registered business address with the SEC falls in this county, from a committed snapshot of EDGAR's company_tickers_exchange file. A position is the centroid of the address's ZIP code (Census ZCTA) or, where the snapshot says so, of its city: it is not a building. Legal entities only - no officer, insider or shareholder data is read, and Forms 3, 4 and 5 are excluded everywhere. Sector exposure is the county's BLS QCEW jobs mix bridged to GICS sectors by a convention documented in lib/companies/sectors.ts; a jobs mix is not a portfolio.
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 #
Shelby County, TN: 21 findings, 2 at a watch level and 19 noted
watchShelby County, TN's covered employment is -2.9% 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 = -2.9 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchShelby County, TN's typical home value is -1.2% 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 = -1.16724804876516 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
noteShelby County, TN's average weekly wage was 3.2% 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
- +3.2 % = 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
noteShelby County, TN's covered employment was 2.9% 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
- -2.9 % = 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
noteShelby County, TN's typical home value of -1.2% ranks 9th of 9 counties in the Memphis metro, against a median of +1.4%.
Period 2026-09.Show the arithmetic
- 0 on the 0-to-100 scale across 9 counties in the Memphis metro that published home.yoyPct
position among the entities that published this metric this period; 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.