Elon Village Eviction Risk: Moderate

Annualized rent equals 64% of average household income here, past the 30% affordability line, which compresses the margin any screening standard has to work with. 65% of renters here are cost-burdened at the 30% threshold, far above the Albany rate of 29.7%.

The strongest single driver of the headline number is economic stress at 10/10. The poverty rate is 51%. Judgments in high-poverty tracts are collectible far less often than the filing statistics suggest.

SNAP participation is 60.0% of households versus 15.2% nationally. 79% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building two streets over. On the softer side is rent-regulation exposure, at 1/10.

24.9% of adults carry no health insurance against 11.3% nationally, a common route into sudden unpayable debt. Running cool is supply constraint, at 2.1/10.

At $763 a month, rents sit 18% under what the rest of Albany commands. The filing record is not thin: 228 evictions logged in this tract.

Filing activity peaked in 2003 at 26.2% of renter households.

One tract means one number: 5.3/10 applies directly to any address inside the boundary. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.