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Neighborhood · Chicago, IL

Financial District Eviction Risk: Moderate

1 census tracts · pop 8,227 · pop-weighted Eviction Risk Score 5.3/10 · range 5.3–5.3

Financial District is a one-tract neighborhood of Chicago, IL and houses 8,227 people. The Eviction Risk Score is 5.3/10, in the Moderate tier. At $2,534 a month, rents sit 76% over what the rest of Chicago commands.

The voucher gap is 43.9%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. What pushes the score up most is supply constraint at 9.4/10.

This is a renter market: 75% of occupied units are tenant-occupied. On the softer side is economic stress, at 1.5/10. Severe burden reaches 17%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears.

Against a Chicago baseline of 29.3%, 36% of renters here cross the 30%-of-income line. On the high side is tenant-organizing strength at 8/10.

The filing record is not thin: 1,102 evictions logged in this tract. SNAP participation is 5.9% of households versus 15.2% nationally.

The worst year on record was 2010, when filings touched 9.5% of renter households. Food insecurity affects 9.1% of adults, 8.7 points below the national rate.

The most recent observed rate, 5.4% in 2015, is well off that peak. Among the 187 mapped neighborhoods of Chicago, it ranks #168 by risk, the lower third.

Because the boundary contains one tract, 5.3/10 is simultaneously the area figure and the address-level figure. Scores move when the ACS release, the court-record feed, or the statute ledger behind them moves.

Risk score
5.3
Moderate
1 tracts · population-weighted
Financial District vs Chicago How this neighborhood stacks against the citywide average
% of income on rent
36.3% +24%
Chicago: 29.3%
Average gross rent
$2,534 +76%
Chicago: $1,440
Average HH income
$139,943 +86%
Chicago: $75,134
Poverty rate
6.0% -64%
Chicago: 16.8%
Renter share
75.2% +39%
Chicago: 54.0%
Peer neighborhoods

Neighborhoods with similar eviction risk

Same county, closest by Eviction Risk Score.

Geographic context

Risk heat across Financial District and the region

Click any tract to drill in · 1 tracts span score 5.3–5.3

Why Financial District scores 5.3

9 axes · pop-weighted · 1 = landlord-friendly
State political climate
legislature & governorship · Range 5.2–5.2 across tracts
5.2
Regional political climate
County-level mix · 2024 presidential margin · Range 7.5–7.5 across tracts
7.5
Local political climate
Parent city governance · Range 8.5–8.5 across tracts
8.5
Rent control risk
36% of income on rent · Range 5.5–5.5 across tracts
5.5
Eviction process difficulty
State notice requirements & court backlog · Range 7.5–7.5 across tracts
7.5
Tenant organizing strength
75% renter households · Range 8.0–8.0 across tracts
8.0
Housing court bias
County bench composition · Range 6.5–6.5 across tracts
6.5
Economic stress
6.0% below poverty line · Range 1.5–1.5 across tracts
1.5
Supply constraint
Rent-to-FMR gap & zoning friction · Range 9.4–9.4 across tracts
9.4
Risk score comparison

Financial District vs. parent city, state, U.S.

Eviction Risk Score (0–10 scale).

Financial District score vs. parent city, state, U.S.Financial District: 5.35.3Financial DistrictNeighborhoodParent city: 6.76.7Parent cityhost cityState: 5.15.1Stateavg in stateU.S.: 5.15.1U.S.national avgU.S. avg = 5.0
Census tracts

1 tracts in Financial District

Ranked highest-risk first. Click for per-tract detail.

Tract Score Pop % over 30% on rent Average rent
17031839100 5.3 8,227 36% $2,534
Social Vulnerability Index

CDC SVI percentile: 39

Pop-weighted across 1 tracts. Higher = more vulnerable to disaster, displacement, and rent shocks. Source: CDC/ATSDR SVI 2022.

Socioeconomic status 23%ile
Poverty, unemployment, no-HS-diploma, housing cost burden
Household characteristics 1%ile
Single-parent HH, disability, language barriers, age 17- / 65+
Racial/ethnic minority 72%ile
Hispanic + non-white share of population
Housing & transport 100%ile
Multi-unit structures, mobile homes, crowding, no vehicle
Eviction filings · Princeton Eviction Lab

Court-record eviction history in Financial District

Aggregated across 1 validated constituent tract. Filing rate is filings per 100 renter households, pop-weighted.

Historic baseline (2000–2018)

  • 1,102Total filings (sum)
  • 4.80%Avg annual filing rate
  • 9.5%Peak year (2010)
  • 5.40%Latest filed (2015)
CDC PLACES 2023 · pop-weighted

Eviction-adjacent indicators in Financial District

Average across all constituent tracts, population-weighted. Source: CDC PLACES (cwsq-ngmh) crude prevalence.

Frequently asked

About Financial District

Q1

What is the eviction-risk score for Financial District?

Financial District scores 5.3/10 (Moderate tier) across 1 census tracts. The pop-weighted Eviction Risk Score blends state law, county filing rates, parent-city politics, and tract-specific rent-to-income and poverty signals.
Q2

How does Financial District compare to Chicago overall?

Financial District scores 1.4 points lower than Chicago overall (6.7/10). Renters spend 36% of income on rent vs 29% citywide. Average rent: $2,534 vs $1,440.
Q3

What is the average rent in Financial District?

Average gross rent in Financial District is $2,534/month (pop-weighted across 1 census tracts, ACS 5-year 2023). 36% of renter households are cost-burdened.
Q4

What percentage of Financial District residents are renters?

75% of Financial District households are renter-occupied (vs 54% in Chicago). The neighborhood has 8,227 residents.
Q5

Is Financial District a high social-vulnerability area?

Financial District sits in the 39th percentile nationally on the CDC Social Vulnerability Index (less vulnerable). The index combines poverty, unemployment, household composition, racial/ethnic minority share, and housing/transportation factors across all US census tracts.
Q6

How safe is Financial District for landlords?

Financial District carries a moderate-tier eviction-risk profile for landlords (5.3/10). Pop-weighted across 1 constituent tracts, the score blends parent-city rent-control posture, county eviction-process timelines, and tract-specific rent-to-income / poverty signals. Compared to Chicago as a whole (6.7/10), this neighborhood is lower-risk.
Q7

What is the demographic breakdown of Financial District?

Financial District has 7,989 residents. Top groups: White (non-Hispanic) (42.2%), Asian (non-Hispanic) (31.2%), Hispanic / Latino (15.1%). Source: ACS 5-year 2023, table B03002.
Nearby

Other neighborhoods near Financial District

Sibling neighborhoods

Other neighborhoods inside Chicago

Same parent city, ranked by score similarity to Financial District.

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