Charlottesville city, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 38.04, -78.49.
Assembled 2026-10-19. Read the brief.
- 92nd pct · 225th of 3,063 US counties · median $230,451
- 87th pct · 17th of 133 Virginia counties · median $309,231
- 75th pct · 2nd of 5 counties in the Charlottesville metro · median $382,417
- 25th pct · 2,294th of 3,062 US counties · median +2.9%
- 8th pct · 122nd of 133 Virginia counties · median +2.8%
- 0th pct · 5th of 5 counties in the Charlottesville metro · median +1.2%
- 88th pct · 156th of 1,358 US counties · median $1,506
- 84th pct · 12th of 71 Virginia counties · median $1,806
- counties in the Charlottesville metro: only 2 of counties in the Charlottesville metro published this metric; fewer than 5 is too few to rank
- 81st pct · 605th of 3,221 US counties · median 8,232
- 84th pct · 22nd of 133 Virginia counties · median 9,944
- 75th pct · 2nd of 5 counties in the Charlottesville metro · median 4,636
- 90th pct · 304th of 3,221 US counties · median $1,039
- 87th pct · 17th of 133 Virginia counties · median $1,048
- 100th pct · 1st of 5 counties in the Charlottesville metro · median $1,165
- 84th pct · 485th of 3,063 US counties · median 4.2
- 64th pct · 48th of 133 Virginia counties · median 5.4
- 25th pct · 4th of 5 counties in the Charlottesville metro · median 7.3
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 $483,274 (Sep 2026), +0.5% over one year, +15.4% over five
- 92nd pct · 225th of 3,063 US counties · median $230,451
- 87th pct · 17th of 133 Virginia counties · median $309,231
- 75th pct · 2nd of 5 counties in the Charlottesville metro · median $382,417
| Item | Value | Distance |
|---|---|---|
| Charlottesville city, VA | $483,274 · +0.5% 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 $2,140/mo (Sep 2026), +3.5% over one year; price-to-rent 18.8
- 88th pct · 156th of 1,358 US counties · median $1,506
- 84th pct · 12th of 71 Virginia counties · median $1,806
- counties in the Charlottesville metro: only 2 of counties in the Charlottesville metro published this metric; fewer than 5 is too few to rank
| Item | Value | Distance |
|---|---|---|
| Charlottesville city, VA | $2,140/mo · +3.5% 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 $2,677 a month on $483,274 at 7.40%, against an average weekly wage worth $6,210 a month: 43.1% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $483,274 × 80% = $386,619, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,677/mo principal and interest
- wage share = payment / (avg weekly wage $1,433 × 52 / 12 = $6,210) = 43% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $483,274 / ($1,433 × 52) = 6.5
- price-to-rent = $483,274 / ($2,140 × 12) = 18.8
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 #
40,208 jobs at 2,605 employers (2026 Q1); +7.9% jobs and +2.7% average weekly wage over the year
- 81st pct · 605th of 3,221 US counties · median 8,232
- 84th pct · 22nd of 133 Virginia counties · median 9,944
- 75th pct · 2nd of 5 counties in the Charlottesville metro · median 4,636
| Item | Value | Distance |
|---|---|---|
| Charlottesville city, VA | 40,208 jobs · $1,433/wk · +7.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Accommodation and food services | 5,655 | $564 | 1.57 | +0.9% |
| Health care and social assistance | 3,710 | $1,666 | 0.61 | -1.2% |
| Professional and technical services | 2,884 | $2,580 | 1.04 | -4.5% |
| Retail trade | 2,725 | $662 | 0.70 | -1.1% |
| Other services | 2,014 | $1,166 | 1.68 | +0.4% |
| Administrative and waste services | 1,593 | $1,142 | 0.70 | -13.2% |
| Construction | 1,379 | $1,552 | 0.65 | +3.5% |
| Finance and insurance | 1,223 | $3,753 | 0.75 | -4.1% |
| Educational services | 1,006 | $1,322 | 1.16 | +1.7% |
| Manufacturing | 924 | $1,151 | 0.29 | +2.6% |
| Arts, entertainment and recreation | 759 | $768 | 1.15 | -0.4% |
| Wholesale trade | 732 | $1,865 | 0.48 | -4.9% |
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.
Water #
Banks & federal dollars #
$2.5 bn in deposits at 16 offices of 11 banks (SOD June 2026); HHI 2,452, highly concentrated. $623.2 m federal obligations in FY2026 (grants $278.2 m, direct payments $222.8 m), $15,499 per covered job
| Item | Value | Distance |
|---|---|---|
| Bank of America, National Association | $1.1 bn · 42.8% share · 3 offices | |
| Wells Fargo Bank, National Association | $411.4 m · 16.7% share · 1 office | |
| Truist Bank | $313.0 m · 12.7% share · 2 offices | |
| Charlottesville (City), VA | $623.2 m FY2026 · $15,499/job | |
| RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA | $296.6 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Bank of America, National Association | $1,056,711,000 | 42.8% | 3 |
| Wells Fargo Bank, National Association | $411,446,000 | 16.7% | 1 |
| Truist Bank | $312,955,000 | 12.7% | 2 |
| Virginia National Bank | $233,372,000 | 9.4% | 3 |
| Atlantic Union Bank | $211,950,000 | 8.6% | 1 |
| JPMorgan Chase Bank, National Association | $73,930,000 | 3.0% | 1 |
| United Bank | $69,253,000 | 2.8% | 1 |
| Citizens and Farmers Bank | $41,257,000 | 1.7% | 1 |
| Carter Bank & Trust | $31,755,000 | 1.3% | 1 |
| Old Dominion National Bank | $20,110,000 | 0.8% | 1 |
Deposit concentration is 2,452 across 11 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 11 banks with deposits in the county = 42.8² + 16.7² + 12.7² + … (8 more) = 2,452
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 |
|---|---|
| Department of Health and Human Services | $235,668,384 |
| Social Security Administration | $154,959,244 |
| Department of Defense | $52,537,488 |
| Department of Education | $33,390,601 |
| Department of Veterans Affairs | $25,321,997 |
| Department of Labor | $21,188,234 |
| National Science Foundation | $20,109,424 |
| Department of Housing and Urban Development | $16,372,030 |
| Department of Transportation | $14,073,382 |
| Department of Energy | $10,764,160 |
| General Services Administration | $9,171,948 |
| National Aeronautics and Space Administration | $4,827,024 |
That is $15,499 per covered job, against 40,208 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $623.2 m / 40,208 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $15,499
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 #
Charlottesville city, VA: 14 findings, 14 noted
noteCharlottesville city, VA's covered employment was 7.9% 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
- +7.9 % = 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
noteCharlottesville city, VA's average weekly wage was 2.7% 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
- +2.7 % = 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
noteCharlottesville city, VA's typical home value of +0.5% ranks 5th of 5 counties in the Charlottesville metro, against a median of +1.2%.
Period 2026-09.Show the arithmetic
- 0 on the 0-to-100 scale across 5 counties in the Charlottesville metro that published home.yoyPct
position among the entities that published this metric this period; not an official level
noteCharlottesville city, VA's average weekly wage of $1,433 ranks 1st of 5 counties in the Charlottesville metro, against a median of $1,165.
Period 2026 Q1.Show the arithmetic
- 100 on the 0-to-100 scale across 5 counties in the Charlottesville metro that published jobs.avgWeeklyWage
position among the entities that published this metric this period; not an official level
noteCharlottesville city, VA's covered employment of +7.9% ranks 1st of 5 counties in the Charlottesville metro, against a median of +0.0%.
Period 2026 Q1.Show the arithmetic
- 100 on the 0-to-100 scale across 5 counties in the Charlottesville metro that published jobs.yoy.emp
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.