Bayville Park Eviction Risk: Lower , Virginia Beach

Average gross rent is $2,906, 70% above the Virginia Beach average. The voucher gap is 71.3%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears. 32% of renter households cross the 30%-of-income line, well below the Virginia Beach City average of 46.1%.

Running cool, economic stress reads 1/10. Well under the midpoint, rent-regulation exposure reads 2/10.

SNAP participation runs 4.4% against 15.2% nationally. Severe burden reaches 12%. Those are renters paying half their income or more, and that is where non-payment filings originate.

Against the Virginia Beach City average of 3.9, this tract reads safer for landlords by 0.9 points. The filing record is not thin: 14 evictions over 1 years of observation.

Housing insecurity runs 6.1% against 14.2% nationally. The worst year on record was 2016, when 3.6% of renter households were served.

In a typical year about 3.6% of renter households face a filing. On the national scale it lands near the 20th percentile of the 84,120 tracts scored.

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