Elizabeth Eviction Risk: High

Against the Union County average of 6.6, this tract reads riskier for landlords by 2.5 points. 90% 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. Pulling hardest the other way is supply constraint at 1/10.

Food insecurity runs 36.8% against 17.8% nationally. Set annual rent against average income of $36,995 and the ratio lands at 38%, above the conventional 30% ceiling. 57% of renter households cross the 30%-of-income line, well above the Union County average of 44.6%.

Running hot, court filing pressure reads 8.9/10. The poverty rate is 29%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

Housing insecurity runs 28.7% against 14.2% nationally. At $1,176 a month, rents run 23% under what the rest of Elizabeth commands. Sitting well above the midpoint, rent-regulation exposure reads 7.5/10.

Princeton eviction risk's Eviction Lab logged 761 filings here across 4 tracked years. The worst year on record was 2013, when 20.5% of renter households were served. In the 1930s the federal Home Owners' Loan Corporation graded this ground C ("Definitely Declining"). 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.

In a typical year about 16.1% of renter households face a filing.

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