Bay Isle Eviction Risk: Lower

The voucher gap is 69.3%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. 24% 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.

Well under the midpoint is economic stress, at 1.2/10. On the softer side is eviction-process difficulty, at 1.6/10. Court records for this tract carry 15 eviction filings.

Against a Siesta Key baseline of 38.5%, 43% of renters here cross the 30%-of-income line. Filing activity peaked in 2016 at 5.4% of renter households.

At $3,125 a month, rents sit 11% under what the rest of Siesta Key commands. The most recent observed rate, 1.8% in 2018, is well off that peak. At 14% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out.

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 25% of average household income of $151,750.

One tract means one number: 3/10 applies directly to any address inside the boundary. Scores move when the ACS release, the court-record feed, or the statute ledger behind them moves.