Grannan Grove Eviction Risk: Lower

The strongest single driver of the headline number is supply constraint at 10/10. The voucher gap is 86.4%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears.

At $2,392 a month, rents sit 40% over what the rest of Carmel commands. On the softer side is economic stress, at 1/10. Running cool is eviction-process difficulty, at 2.1/10.

SNAP participation is 2.9% of households versus 15.2% nationally. Food insecurity affects 7.1% of adults, 10.7 points below the national rate.

Among the 8 mapped neighborhoods of Carmel, it ranks #4 by risk, the middle third. Only 11% of units are renter-occupied. Rental comparables are thin here; price renewals off the nearest genuine rental sub-market rather than off surrounding sale prices.

The closest comparables inside the same city are Holaday Hills and Dales and Huntington Chase. Rent takes 16% of average household income, comfortably inside the 30% line and unusually low for a rental sub-market.

Poverty sits at 3%, low enough that arrears here usually reflect a specific shock rather than a structural income gap.

Because the boundary contains one tract, 3/10 is simultaneously the area figure and the address-level figure. Scores move when the ACS release, the court-record feed, or the statute ledger behind them moves.