K-Town Historic District Eviction Risk: High , Chicago

What pushes it up most is economic stress at 10/10. Annualized rent equals 46% of average household income of $40,152, past the 30% affordability line, which thins the margin any screening standard has to work with.

The poverty rate is 42%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest. Housing insecurity runs 35.8% against 14.2% nationally.

Against Cook County at 45.6%, 58% of renters here are cost-burdened. Against the Cook County average of 6.1, this tract reads riskier for landlords by 2.0 points.

Running hot, local political climate reads 8.5/10. Inability to pay a utility bill runs 25.2% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

68% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. On the high side, tenant-organizing strength reads 8/10. The filing record is not thin: 542 evictions over 15 years of observation.

Filings peaked in 2001 at 9.5% of renter households. In the 1930s the federal Home Owners' Loan Corporation graded this ground C ("Definitely Declining"). Redlining cut off mortgage credit to whole blocks for decades, and the areas graded D still carry measurably lower ownership and higher rent burden today.

In a typical year about 6.4% of renter households face a filing.

These are ACS 5-year estimates; the score moves when the ACS, court-record, or statute inputs behind it move.