Melrose Eviction Risk: High , Albany

Cost burden runs 67% here against 42.1% across Albany County. Against the Albany County average of 6.9, this tract reads riskier for landlords by 3.0 points. 71% 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.

The dominant input is local political climate at 8/10. Running hot, rent-regulation exposure reads 7.5/10.

The poverty rate is 21%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest. Sitting well above the midpoint, eviction-process difficulty reads 7.5/10. At $1,397 a month, rents run 15% over what the rest of Albany commands.

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. Nationally it ranks #1 of 84,120 for landlord eviction difficulty. On the CDC Social Vulnerability Index the tract reads 6.4/10, which tracks how hard a shock lands on the households already here.

Statewide the NY average is 7.7, so this tract runs 2.2 points hotter.

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