Palmetto Bay Eviction Risk: Lower

The dominant input is supply constraint at 10/10. Average gross rent is $3,501, 67% above the Palmetto Bay average.

The voucher gap is 50.3%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears. 25% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. Running cool, economic stress reads 1/10.

On the high side, rent-regulation exposure reads 8.9/10. It sits 1.6 points below the Miami-Dade County average of 4.6.

Disability prevalence runs 19.5% against 31.5% nationally. Princeton's Eviction Lab logged 4 filings here across 1 tracked years. Filings peaked in 2016 at 4.5% of renter households.

In a typical year about 4.5% of renter households face a filing. That is riskier than roughly 20% of the 84,120 US census tracts in this model. Only 5% of units are renter-occupied. Rental comparables are thin; price a renewal off the nearest genuine rental sub-market rather than off surrounding sale prices.

CDC social-vulnerability scoring puts the tract at 1.8/10.

These are ACS 5-year estimates; the score moves when the ACS, court-record, or statute inputs behind it move.