Hoffman Grove Eviction Risk: Lower

At $1,229 a month, rents sit 65% under what the rest of Packanack Lake commands. The clearest offset is economic stress, at 1.2/10. 25% are severely burdened, paying half their income or more in rent. That cohort has no absorption capacity for an unexpected bill, and it is where non-payment filings originate.

Internally this is not one market. Tract scores span 3 to 4.1, so two buildings inside the same boundary can carry materially different risk. Court records carry 351 eviction filings across its 2 observed tracts.

SNAP participation is 6.6% of households versus 15.2% nationally. The worst year on record was 2016, when filings touched 21.7% of renter households. The most recent observed rate, 5.8% in 2018, is well off that peak.

Against average income of $127,910, annual rent is only 12%, a wide affordability cushion. Poverty sits at 3%, low enough that arrears here usually reflect a specific shock rather than a structural income gap.

29% of occupied units are renter-occupied.

Underwrite the address, not the area: with 1.1 points between its best and worst tract, the per-tract table below is the operative number. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.