Twin Lakes Eviction Risk: Moderate

Severe burden reaches 26%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears. Sitting well above the midpoint is rent-regulation exposure at 7.7/10. Court records for this tract carry 266 eviction filings.

Well under the midpoint is economic stress, at 2.5/10. Against a Palm Bay baseline of 37.6%, roughly one in three of renters here cross the 30%-of-income line.

The worst year on record was 2002, when filings touched 12.2% of renter households. At $1,451 a month, rents sit 9% under what the rest of Palm Bay commands. The most recent observed rate, 4.6% in 2018, is well off that peak.

Among the 7 mapped neighborhoods of Palm Bay, it ranks #4 by risk, the middle third. At 17% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out. For a like-for-like read, Holiday Park and Bayside Lakes score within a fraction of it.

Social vulnerability runs high at 8/10, concentrating the disaster- and displacement-exposure this model treats as a lagging risk input. Annual rent works out to 30% of average household income of $57,127.

One tract means one number: 4.3/10 applies directly to any address inside the boundary. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.