Franklin Lakes Eviction Risk: Moderate

On the high side, rent-regulation exposure reads 8.5/10. SNAP participation runs 2.4% against 15.2% nationally. Against the Bergen County average of 6.3, this tract reads safer for landlords by 1.4 points.

Sitting well above the midpoint, court filing pressure reads 7.9/10. Court records carry 22 eviction filings across 5 observed years.

Inability to pay a utility bill runs 2.9% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. On the national scale it lands near the 59th percentile of the 84,120 tracts scored. At 1% renter-occupied this is predominantly owner territory, and comps have to be drawn from further out.

Social vulnerability reads 1.5/10 on the CDC index, a measure of exposure to housing and economic shocks. Statewide the NJ average is 6.0, so this tract runs 1.1 points cooler.

Of its three components the housing type and transport measure is the least pressured. Poverty sits at 3%, low enough that arrears here usually signal a specific shock rather than a structural income gap.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.