Hamilton Park Eviction Risk: Elevated , Jersey City

The dominant input is supply constraint at 10/10. Average gross rent is $3,496, 74% above the Jersey City average.

The voucher gap is 52.1%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears. Well under the midpoint, economic stress reads 1.2/10. 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.

Running hot, rent-regulation exposure reads 8.5/10. It sits 1.1 points below the Hudson County average of 7.7. Food insecurity runs 8.3% against 17.8% nationally.

Severe burden reaches 9%. Those are renters paying half their income or more, and that is where non-payment filings originate. The filing record is not thin: 96 evictions over 4 years of observation.

Inability to pay a utility bill runs 4.1% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. The worst year on record was 2017, when 8.5% of renter households were served.

In the 1930s the federal Home Owners' Loan Corporation graded this ground D ("Hazardous"). 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.

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