Gilpin Court Eviction Risk: Moderate , Richmond

At $386 a month, rents run 72% under what the rest of Richmond commands. SNAP participation runs 77.5% against 15.2% nationally.

Disability prevalence runs 59.1% against 31.5% nationally. The poverty rate is 59%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

100% 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. Sitting well above the midpoint, court filing pressure reads 9.8/10. 39% of renter households cross the 30%-of-income line, well below the Richmond City average of 50.2%.

On the softer side, supply constraint reads 1/10. 17% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. It sits 1.4 points above the Richmond City average of 4.3.

Princeton's Eviction Lab logged 1,525 filings here across 4 tracked years. The worst year on record was 2014, when 40.0% 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.