Henry County, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 36.62, -79.98.
Assembled 2026-10-19. Read the brief.
- 13th pct · 2,640th of 3,063 US counties · median $230,451
- 6th pct · 125th of 133 Virginia counties · median $309,231
- 5th pct · 2,906th of 3,062 US counties · median +2.9%
- 1st pct · 131st of 133 Virginia counties · median +2.8%
- US counties: not published this period
- Virginia counties: not published this period
- 64th pct · 1,153rd of 3,221 US counties · median 8,232
- 66th pct · 45th of 133 Virginia counties · median 9,944
- 26th pct · 2,361st of 3,221 US counties · median $1,039
- 20th pct · 106th of 133 Virginia counties · median $1,048
- 19th pct · 2,480th of 3,063 US counties · median 4.2
- 9th pct · 121st of 133 Virginia counties · median 5.4
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 $141,597 (Sep 2026), -4.1% over one year, +14.8% over five
- 13th pct · 2,640th of 3,063 US counties · median $230,451
- 6th pct · 125th of 133 Virginia counties · median $309,231
| Item | Value | Distance |
|---|---|---|
| Henry County, VA | $141,597 · -4.1% 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 #
Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)
- US counties: not published this period
- Virginia 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 $784 a month on $141,597 at 7.40%, against an average weekly wage worth $4,060 a month: 19.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $141,597 × 80% = $113,278, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $784/mo principal and interest
- wage share = payment / (avg weekly wage $937 × 52 / 12 = $4,060) = 19% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $141,597 / ($937 × 52) = 2.9
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 #
14,794 jobs at 1,722 employers (2026 Q1); -6.3% jobs and +6.5% average weekly wage over the year
- 64th pct · 1,153rd of 3,221 US counties · median 8,232
- 66th pct · 45th of 133 Virginia counties · median 9,944
| Item | Value | Distance |
|---|---|---|
| Henry County, VA | 14,794 jobs · $937/wk · -6.3% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 4,047 | $1,207 | 3.40 | -5.3% |
| Retail trade | 1,924 | $650 | 1.33 | +0.7% |
| Health care and social assistance | 1,667 | $771 | 0.75 | -4.2% |
| Transportation and warehousing | 902 | $912 | 1.45 | -25.0% |
| Administrative and waste services | 858 | $560 | 1.02 | -2.7% |
| Accommodation and food services | 838 | $397 | 0.63 | -4.6% |
| Construction | 405 | $992 | 0.52 | -5.2% |
| Other services | 388 | $660 | 0.88 | -3.5% |
| Finance and insurance | 189 | $1,267 | 0.31 | -2.1% |
| Information | 183 | $1,975 | 0.67 | +5.2% |
| Real estate and rental | 84 | $764 | 0.37 | +18.3% |
| Arts, entertainment and recreation | 79 | $788 | 0.32 | +0.0% |
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 #
D1 moderate 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 #
7 USGS reservoir gauges, no capacity figures to weight
Sites found: 7, 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 |
|---|---|---|
| LITTLE RIVER RESERVOIR NEAR RADFORD, VA | 231.0 Acre-ft (USGS, no capacity on file) | 73 km |
| HYCO LAKE AT DAM NR ROXBORO, NC | 7.92 ft (USGS, no capacity on file) | 84 km |
| AFTERBAY RESERVOIR AT DAM NR MCGEHEES MILL, NC | 364.2 ft (USGS, no capacity on file) | 89 km |
| W. KERR SCOTT RESERVOIR AT DAM NR WILKESBORO, NC | 30.2 ft (USGS, no capacity on file) | 124 km |
| BEAVERDAM CREEK AT DAM NEAR CREEDMOOR, NC | 248.6 ft (USGS, no capacity on file) | 133 km |
| B. EVERETT JORDAN LAKE AT DAM NR MONCURE, NC | 213.5 ft (USGS, no capacity on file) | 135 km |
| FALLS LAKE ABOVE DAM NR FALLS, NC | 246.2 ft (USGS, no capacity on file) | 146 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 #
83 gauges · 0 flooding · 27 with quality panels averaging 99 % · 27 stale
Sites found: 83, 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 |
|---|---|---|
| ROANOKE RIVER AT THIRTEENTH ST BR AT ROANOKE, VA | stage 3.12 ft · quality 80 % (5) · STALE | 72 km |
| NORTH MAYO RIVER NEAR SPENCER, VA | flow 53.9 ft³/s | 6 km |
| MAYO RIVER NEAR PRICE, NC | flow 121.0 ft³/s | 10 km |
| SMITH RIVER AT MARTINSVILLE, VA | flow 185.0 ft³/s · quality 100 % (1) | 10 km |
| SOUTH MAYO RIVER NEAR NETTLERIDGE, VA | flow 42.2 ft³/s | 14 km |
| SMITH RIVER AT BASSETT, VA | flow 143.0 ft³/s · quality 100 % (1) | 17 km |
| SMITH RIVER NEAR PHILPOTT, VA | flow 137.0 ft³/s · quality 100 % (1) | 18 km |
| SMITH RIVER AT EDEN, NC | flow 221.0 ft³/s | 22 km |
| DAN RIVER NEAR WENTWORTH, NC | flow 345.0 ft³/s | 27 km |
| SMITH RIVER AT SMITH RIV CHURCH NR WOOLWINE, VA | flow 31.5 ft³/s | 30 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 #
7 wells in 0 named aquifers:
Sites found: 7, 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 |
|---|---|---|
| USGS-364732080070301 | depth 22.5 ft · 2026-10-18 | 23 km |
| USGS-362231079410801 | depth 26.1 ft · 2026-10-18 | 38 km |
| USGS-361011079595401 | depth 20.3 ft · 2024-02-25 | 50 km |
| USGS-364644079195401 | depth 17.6 ft · 2026-10-18 | 60 km |
| USGS-361307080293101 | depth 15.1 ft · 2014-02-17 | 64 km |
| USGS-370812080261901 | depth 3.13 ft · 2026-10-18 | 70 km |
| USGS-371653079552101 | depth 18.7 ft · 2026-10-18 | 74 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 (0.16)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.25 + 0.2×0.01 / 0.55
Banks & federal dollars #
$493.1 m in deposits at 9 offices of 5 banks (SOD June 2026); HHI 4,912, highly concentrated. $380.8 m federal obligations in FY2026 (direct payments $371.5 m, contracts $6.7 m), $25,737 per covered job
| Item | Value | Distance |
|---|---|---|
| Carter Bank & Trust | $334.1 m · 67.8% share · 5 offices | |
| Truist Bank | $60.2 m · 12.2% share · 1 office | |
| First Horizon Bank | $54.7 m · 11.1% share · 1 office | |
| Henry, VA | $380.8 m FY2026 · $25,737/job | |
| MULTIPLE RECIPIENTS | $362.9 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Carter Bank & Trust | $334,125,000 | 67.8% | 5 |
| Truist Bank | $60,154,000 | 12.2% | 1 |
| First Horizon Bank | $54,680,000 | 11.1% | 1 |
| Atlantic Union Bank | $31,986,000 | 6.5% | 1 |
| Woodforest National Bank | $12,125,000 | 2.5% | 1 |
Deposit concentration is 4,912 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 = 67.8² + 12.2² + 11.1² + … (2 more) = 4,912
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 | $337,044,723 |
| Department of Veterans Affairs | $24,922,819 |
| Department of Education | $6,357,793 |
| Department of Defense | $5,141,644 |
| Federal Communications Commission | $1,899,803 |
| General Services Administration | $1,526,995 |
| Department of Transportation | $1,491,578 |
| Department of Agriculture | $1,443,315 |
| Railroad Retirement Board | $803,482 |
| Department of Health and Human Services | $83,674 |
| Smithsonian Institution | $39,155 |
| Small Business Administration | $0 |
That is $25,737 per covered job, against 14,794 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $380.8 m / 14,794 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $25,737
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 #
Henry County, VA: 15 findings, 1 at an alert level, 2 at a watch level and 12 noted
alertHenry County, VA's covered employment is -6.3% 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 = -6.3 <= -3
BLS QCEW over-the-year percent change, as published; convention chosen for this dashboard, not an official level
watchHenry County, VA's covered employment is -6.3% 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 = -6.3 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchHenry County, VA's typical home value is -4.1% 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 = -4.124777849873509 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
noteHenry County, VA's average weekly wage was 6.5% 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
- +6.5 % = 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
noteHenry County, VA's covered employment was 6.3% 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
- -6.3 % = 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
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.