The Parkway Eviction Risk: Moderate

The strongest single driver of the headline number is supply constraint at 10/10. The voucher gap is 52.7%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. At $3,368 a month, rents sit 43% over what the rest of Folsom commands.

Running cool is economic stress, at 1/10. 18% are severely burdened, paying half their income or more in rent. That cohort has no absorption capacity for an unexpected bill, and it is where non-payment filings originate.

CDC survey data puts housing insecurity at 6.0% of adults, against 14.2% nationally. Disability prevalence reaches 19.3% against a 31.5% national average, which raises the odds a reasonable-accommodation request accompanies any dispute. That places it #6 of 10 neighborhoods in Folsom.

At 11% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out. For a like-for-like read, Folsom Ranch and Empire Ranch score within a fraction of it. Rent takes 20% of average household income, comfortably inside the 30% line and unusually low for a rental sub-market.

Because the boundary contains one tract, 5.1/10 is simultaneously the area figure and the address-level figure. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.