patrick.net

Seven states are higher than the already-high national average of 37%:

Massachusetts leads the list in October, with 51% of SMBs there reporting they couldn't pay their rent in full and on time. That's the worst rent delinquency rate they've experienced all year, up 15% from September and up 18% from August.

Not far behind, New Jersey weighs in with a record-breaking rent delinquency rate of 49%, up 22% from last month and much higher than any other month since at least Dec. 2021.

New York's SMBs also broke a 2022 record for rent delinquency, with 45% unable to pay their October rent, up 6% from last month.

California's small business owners tied their record for the worst rent delinquency month this year -- with 44% saying they couldn't afford it in October.

Pennsylvania broke a 2022 record this month, too, with 44% of its SMB owners saying they couldn't make their October rent. Their rent delinquency rate DOUBLED from September's, which was 22%.

Florida's small business owners had a rough month with rent in October, as well, as 39% couldn't afford it, up 16% from Sept.

And Texan SMB owners didn't fare much better, as 38% couldn't handle their rent, up 14% from Sept.

https://www.alignable.com/forum/rent-delinquency-jumps-7-to-37-in-u-s-in-october