Mill Pond Forest Eviction Risk: Lower

37% 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. Average gross rent is $3,162, 99% above the Chesapeake average of $1,586. The dominant input is supply constraint at 10/10.

The voucher gap is 86.4%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. Set annual rent against average household income of $108,917 and the ratio lands at 35%, above the conventional 30% ceiling. Running cool is rent-regulation exposure, at 1.5/10.

On the softer side is economic stress, at 1.6/10. Court records for this tract carry 208 eviction filings.

Filing activity peaked in 2014 at 6.4% of renter households. Recent filings have not receded much: 7.5% in 2016 against a 6.4% peak. Among the 48 mapped neighborhoods of Chesapeake, it ranks #29 by risk, the middle third.

Only 11% of units are renter-occupied. Rental comparables are thin here; price renewals off the nearest genuine rental sub-market rather than off surrounding sale prices. The closest comparables inside the same city are Chadswyck and Deep Creek.

Because the boundary contains one tract, 3/10 is simultaneously the area figure and the address-level figure. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.