Paterson Eviction Risk: High

77% of renter households cross the 30%-of-income line, well clear of the Passaic County average of 49.2%. Food insecurity runs 49.9% against 17.8% nationally.

Annualized rent equals 50% of average household income of $39,038, past the 30% affordability line, which thins the margin any screening standard has to work with. Against the Passaic County average of 6.7, this tract reads riskier for landlords by 2.6 points.

92% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. What pushes it up most is court filing pressure at 9.1/10. The poverty rate is 33%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

Sitting well above the midpoint, economic stress reads 8.1/10. Inability to pay a utility bill runs 22.3% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

On the high side, rent-regulation exposure reads 8/10. The filing record is not thin: 444 evictions over 5 years of observation.

Filings peaked in 2013 at 21.2% of renter households. In a typical year about 18.3% of renter households face a filing.

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