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Neighborhood · Chicago, IL

Financial District Eviction Risk: Lower

1 census tracts · pop 8,227 · pop-weighted Eviction Risk Score 3.5/10 · range 3.5–3.5

Financial District is a white-asian neighborhood in Chicago with 1 census tract and a population of 8,227 residents. The neighborhood's pop-weighted eviction-risk score of 3.5/10 (Lower tier) blends state law, county-level filing rates, parent-city politics, and tract-specific rent-to-income ratios + poverty. 36% of renters here pay at least 30% of household income on rent, and 17% are severely cost-burdened (≥50% of income). Average gross rent of $2,534/month sits 76% higher than the Chicago citywide average ($1,440).

Risk score
3.5
Lower
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 3.5–3.5

Why Financial District scores 3.5

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: 3.53.5Financial DistrictNeighborhoodParent city: 5.75.7Parent cityhost cityState: 4.74.7Stateavg in stateU.S.: 4.74.7U.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 3.5 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 3.5/10 (Lower 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 2.2 points lower than Chicago overall (5.7/10). 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 lower-tier eviction-risk profile for landlords (3.5/10). 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 (5.7/10), this neighborhood is lower-risk.
Q7

What is the demographic breakdown of Financial District?

Financial District has 7,989 residents (White-Asian Neighborhood). 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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