Paramus Eviction Risk: Moderate

The dominant input is supply constraint at 10/10. The voucher gap is 69.0%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears.

Well under the midpoint, economic stress reads 1/10. Annualized rent equals 34% of average household income of $122,148, past the 30% affordability line, which thins the margin any screening standard has to work with. Sitting well above the midpoint, rent-regulation exposure reads 8.8/10.

SNAP participation runs 4.1% against 15.2% nationally. At $3,501 a month, rents run 15% over what the rest of Paramus commands. Inability to pay a utility bill runs 4.0% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

In the 1930s the federal Home Owners' Loan Corporation graded this ground B ("Still Desirable"). Redlining cut off mortgage credit to whole blocks for decades, and the areas graded D still carry measurably lower ownership and higher rent burden today. That is riskier than roughly 74% of the 84,120 US census tracts in this model.

Only 11% 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. On the CDC Social Vulnerability Index the tract reads 2/10, which tracks how hard a shock lands on the households already here. Of its three components the housing type and transport measure is the least pressured.

Poverty sits at 2%, low enough that arrears here usually signal a specific shock rather than a structural income gap.

Tract-level figures come from the ACS 5-year release and are rebuilt whenever that, the court-record feed, or the statutory ledger behind the score changes.