Olde Town Historic District Eviction Risk: Moderate

Annualized rent equals 73% of average household income here, past the 30% affordability line, which compresses the margin any screening standard has to work with. Cost burden runs 76% against 32.9% citywide, putting Olde Town Historic District 43.4% over its own city. The dominant input is economic stress at 10/10.

The poverty rate is 43%, which shows up in this model as reduced rent-recovery odds after a judgment. 24.3% of adults report being unable to pay a utility bill, against a 9.2% national figure. Utility arrears usually lead rent arrears by a month or two.

76% 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 1.2/10. Well under the midpoint is eviction-process difficulty, at 2.3/10.

Court records for this tract carry 1,381 eviction filings. Disability prevalence reaches 44.0% against a 31.5% national average, which raises the odds a reasonable-accommodation request accompanies any dispute. The worst year on record was 2004, when filings touched 25.2% of renter households.

The most recent observed rate, 12.3% in 2010, is well off that peak. Average gross rent is $1,064, 7% below the Augusta average of $1,142.

Because the boundary contains one tract, 5.1/10 is simultaneously the area figure and the address-level figure. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.