Climate Risk Summary

Gloucester, MA Risk Profile

The primary drivers of climate-related financial risk in Gloucester, MA are Coastal Flooding, Inland Flooding, and Hurricane.

City-Wide Aggregation

These scores represent the population-weighted average across all residential blocks in Gloucester.

Primary Risks

Coastal Flooding

$2,844,414

Expected Annual Loss for Gloucester

95.7Score

Relatively High compared to US average

Gloucester
Minimal Estimated LossMax Estimated Loss

Inland Flooding

$2,260,261

Expected Annual Loss for Gloucester

15.6Score

Relatively Low compared to US average

Gloucester
Minimal Estimated LossMax Estimated Loss

Hurricane

$605,959

Expected Annual Loss for Gloucester

71.9Score

Relatively Moderate compared to US average

Gloucester
Minimal Estimated LossMax Estimated Loss

City Boundary

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Coastal Flooding
$2,844,414
Score: 95.7
MAJOR DRIVER
Inland Flooding
$2,260,261
Score: 15.6
MAJOR DRIVER
Hurricane
$605,959
Score: 71.9
Earthquake
$539,388
Score: 62.8
Tornado
$302,431
Score: 38.9
Cold Wave
$122,966
Score: 26.9
Heat Wave
$122,014
Score: 19.3
Ice Storm
$86,830
Score: 67.0
Lightning
$69,380
Score: 38.7
Strong Wind
$66,952
Score: 30.1
Wildfire
$4,073
Score: 45.9
Drought
$3,311
Score: 9.6
Winter Weather
$2,051
Score: 19.3
Hail
$1,893
Score: 5.6
Landslide
$326
Score: 59.1

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

🏠Low Investment

Coastal Flooding Mitigation

General property maintenance and insurance review recommended.

Risk Score: 95.7
🌀High Investment

Hurricane Mitigation

Install permanent hurricane shutters or upgrade to impact-resistant windows.

Risk Score: 71.9
🏠Low Investment

Earthquake Mitigation

General property maintenance and insurance review recommended.

Risk Score: 62.8
❄️Medium Investment

Ice Storm Mitigation

Install a 10kWh backup battery system to keep pipes from freezing during grid failure.

Risk Score: 67.0
⛰️High Investment

Landslide Mitigation

Professional slope stabilization and foundation drainage inspection is highly recommended.

Risk Score: 59.1

Sources and Methodology

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

Nearby Cities

BeverlyEssexIpswichMarbleheadNewburyport

Zip Codes in Gloucester

01930
Climate Risk Analysis for Gloucester, MA