Mill Street Neighborhood Eviction Risk: Moderate , Colorado Springs

This is renter territory: 84% of occupied units are tenant-occupied. The poverty rate is 35%, which in this model reads as reduced rent-recovery odds after a judgment. Severe burden reaches 24%. Those are renters paying half their income or more, and that is where non-payment filings originate.

Annualized rent equals 32% of average household income of $51,250, past the 30% affordability line, which thins the margin any screening standard has to work with. Running hot, court filing pressure reads 8.1/10.

Against the El Paso County average of 4.4, this tract reads riskier for landlords by 1.3 points. At $1,376 a month, rents run 17% under what the rest of Colorado Springs commands. Well under the midpoint, supply constraint reads 2.7/10.

Court records carry 34 eviction filings across 2 observed years. The worst year on record was 2016, when 2.6% of renter households were served.

In a typical year about 2.3% of renter households face a filing.

Tract-level figures come from the ACS 5-year release and are rebuilt whenever that, the court-record feed, or the statutory ledger behind the score changes.