Florham Park Eviction Risk: Elevated

Severe burden reaches 28%. Those are renters paying half their income or more, and that is where non-payment filings originate. The main counterweight is economic stress at 1.2/10. On the softer side, supply constraint reads 1.5/10.

On the high side, court filing pressure reads 7.1/10. Against Morris County at 40.8%, 37% of renters here are cost-burdened. Housing insecurity runs 7.1% against 14.2% nationally.

Inability to pay a utility bill runs 4.0% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Nationally it ranks #17,650 of 84,120 for landlord eviction difficulty. On the CDC Social Vulnerability Index the tract reads 4.7/10, which tracks how hard a shock lands on the households already here.

Against average income of $167,604, annual rent is just 10%. Of its three components the housing type and transport measure is the most pressured.

Poverty sits at 5%, low enough that arrears here usually signal a specific shock rather than a structural income gap. It tracks the Morris County average of 5.5 closely. 29% of occupied units are renter-occupied.

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