I think all of us can agree that not all SSDI recipients are lying malingerers, and we can also agree than SNAP benefits per household, at an average of $126.45 per person and total cost of +/- $65 billion out of a budget of 4.1 trillion are probably not going to sink this country.

Yeah take median home price and divide by the median household income.

Median household income by zip code is a good starting point.  30% of that figure helps gauge rental rate qualifications of the residents. 

UNLIKELYThere are two key financial indicators that tell us that US consumers are in better shape today than they were in 2008 (even taking the pandemic into account):Median household income 2019: $68,703 Median household income 2008:$57,010Consumers make more money; the median household income is up 20% from 2008, while total debt is only up 6.9%.The second indicator is the consumer debt delinquency rate2005:4%                                   2016:4%2006:4.25%                              2017: 4.125% 2007:6%                                   2018: 4.25% 2008:8%                                   2019: 4.125% Delinquency rates for 2020 are not yet available, but there is no evidence that delinquencies have spiked anywhere close to 2008 levels. 

People there are quite poor, median household income of about $19,000.

The companies that support our properties primarily use apartments.com The prescreen questionnaire we require them to use: Previous Address Desired Move-In Date Do you get government assistance for your rent *Any EvictionsCredit Score Range (We provide the minimum required to qualify)What Is the Reason For You MovingTotal Number To Reside In ResidenceDo you own Any Pets If Yes What type of PetDoes Anyone In the Household SmokeDo you have renters insuranceWill you require alterations to the buildingIf Yes please describe the alterationsMonthly Family IncomeHow Did You Find Us

there are 80M households in the US who own and 40M who rent. 

Some facts about Jamestown, NY Population just under 30k Median household income 31kMajor employer manufacturing, retail, health care Unemployment a little higher than national average

No savings.We noticed that credit card applications asked for "Household Income," not individual income. 

I would say 90% or better of the tenants were female head of household with baby daddys bouncing in and out.