Little India Eviction Risk: Elevated

The severe-burden share is 23%. Those renters are past the 50% mark, and they miss rent for reasons that have nothing to do with willingness to pay. Scores across the 7 constituent tracts range from 6.2 to 8.1. A 1.9-point internal spread means block-level underwriting beats area-level here.

The dominant input is tenant-organizing strength at 8/10. Sitting well above the midpoint is eviction-process difficulty at 7.5/10.

The poverty rate is 18%, which shows up in this model as reduced rent-recovery odds after a judgment. Court records carry 3,123 eviction filings across its 7 observed tracts.

Filing activity peaked in 2014 at 5.3% of renter households. The most recent observed rate, 2.7% in 2015, is well off that peak. That places it #88 of 187 neighborhoods in Chicago.

For a like-for-like read, Jarvis Square and Tri-Taylor score within a fraction of it. Social vulnerability runs high at 8.7/10, concentrating the disaster- and displacement-exposure this model treats as a lagging risk input. Average gross rent runs $1,438, close to the Chicago average.

Annual rent works out to 24% of average household income of $70,965.

Underwrite the address, not the area: with 1.9 points between its best and worst tract, the per-tract table below is the operative number. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.