Massachusetts Avenue Commercial District Eviction Risk: Lower , Indianapolis

70% 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. Average gross rent is $1,482, 28% above the Indianapolis average.

18% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. On the softer side, state political climate reads 2/10.

Well under the midpoint, eviction-process difficulty reads 2.1/10. The voucher gap is 15.5%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears.

It sits 0.9 points below the Marion County average of 4.2. SNAP participation runs 7.0% against 15.2% nationally.

Cost burden runs 42% here against 46.3% across Marion County. In the 1930s the federal Home Owners' Loan Corporation graded this ground D ("Hazardous"). 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. Nationally it ranks #61,558 of 84,120 for landlord eviction difficulty.

Social vulnerability reads 4.6/10 on the CDC index, a measure of exposure to housing and economic shocks. Of its three components the household composition measure is the least pressured.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.