2 census tracts · pop 13,126 · pop-weighted Eviction Risk Score 4.5/10
· range 3.6–5.1
The Falls is a 2-tract neighborhood of Palm Bay, FL, population 13,126. Scored across those inputs it reaches 4.5/10, placing it in the Moderate tier. Severe burden reaches 50%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears.
Against a Palm Bay baseline of 37.6%, 54% of renters here cross the 30%-of-income line. The main counterweight is eviction-process difficulty, at 1.1/10. Scores across the 2 constituent tracts range from 3.6 to 5.1. A 1.5-point internal spread means block-level underwriting beats area-level here.
At $1,958 a month, rents sit 22% over what the rest of Palm Bay commands. The voucher gap is 19.8%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. On the high side is rent-regulation exposure at 7.7/10.
Sitting well above the midpoint is supply constraint at 7/10. That places it #3 of 7 neighborhoods in Palm Bay. At 18% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out.
The closest comparables inside the same city are Twin Lakes and Holiday Park. Annual rent works out to 32% of average household income of $74,025.
For a specific building, read the per-tract breakdown below rather than the 4.5 headline, because the internal range is too wide to average safely. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.
Risk score
4.5
Moderate
2 tracts · population-weighted
The Falls vs Palm BayHow this neighborhood stacks against the citywide average
Single-parent HH, disability, language barriers, age 17- / 65+
Racial/ethnic minority64%ile
Hispanic + non-white share of population
Housing & transport51%ile
Multi-unit structures, mobile homes, crowding, no vehicle
Frequently asked
About The Falls
Q1
What is the eviction-risk score for The Falls?
The Falls scores 4.5/10 (Moderate tier) across 2 census tracts. The pop-weighted Eviction Risk Score blends state law, county filing rates, parent-city politics, and tract-specific rent-to-income and poverty signals.
Q2
How does The Falls compare to Palm Bay overall?
The Falls scores 0.8 points higher than Palm Bay overall (3.7/10). Renters spend 54% of income on rent vs 38% citywide. Average rent: $1,958 vs $1,601.
Q3
What is the average rent in The Falls?
Average gross rent in The Falls is $1,958/month (pop-weighted across 2 census tracts, ACS 5-year 2023). 54% of renter households are cost-burdened.
Q4
What percentage of The Falls residents are renters?
18% of The Falls households are renter-occupied (vs 20% in Palm Bay). The neighborhood has 13,126 residents.
Q5
Is The Falls a high social-vulnerability area?
The Falls sits in the 66th percentile nationally on the CDC Social Vulnerability Index (moderately vulnerable). The index combines poverty, unemployment, household composition, racial/ethnic minority share, and housing/transportation factors across all US census tracts.
Q6
Which tracts in The Falls have the highest eviction risk?
The highest-risk constituent tract in The Falls is census tract 12009071347 (score 5.1/10). Across the 2 tracts in this neighborhood the score ranges from 3.6 to 5.1, a spread of 1.5 points.
Q7
How safe is The Falls for landlords?
The Falls carries a moderate-tier eviction-risk profile for landlords (4.5/10). Pop-weighted across 2 constituent tracts, the score blends parent-city rent-control posture, county eviction-process timelines, and tract-specific rent-to-income / poverty signals. Compared to Palm Bay as a whole (3.7/10), this neighborhood is higher-risk.
Q8
What is the demographic breakdown of The Falls?
The Falls has 13,640 residents. Top groups: White (non-Hispanic) (49.8%), Hispanic / Latino (21.3%), Black (non-Hispanic) (17.9%). Source: ACS 5-year 2023, table B03002.
