Silver Beach Eviction Risk: Moderate

At $2,362 a month, rents sit 50% over what the rest of Bellingham commands. The voucher gap is 43.9%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. The dominant input is tenant-organizing strength at 9.4/10.

Sitting well above the midpoint is supply constraint at 9.4/10. Running cool is economic stress, at 1.2/10. The filing record is not thin: 5 evictions logged in this tract.

10% 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. Filing activity peaked in 2015 at 0.8% of renter households.

Recent filings have not receded much: 0.5% in 2018 against a 0.8% peak. That places it #12 of 13 neighborhoods in Bellingham.

At 18% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out. For a like-for-like read, South Hill and Forest Ridge score within a fraction of it.

Poverty sits at 5%, low enough that arrears here usually reflect a specific shock rather than a structural income gap. Annual rent works out to 27% of average household income of $106,613.

Because the boundary contains one tract, 5.9/10 is simultaneously the area figure and the address-level figure. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.