Valley Center Eviction Risk: Moderate , Lafayette

88% 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. 38% of renter households cross the 30%-of-income line, well below the Tippecanoe County average of 49.7%. Running cool, eviction-process difficulty reads 1.8/10.

The poverty rate is 28%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest. Severe burden reaches 17%. Those are renters paying half their income or more, and that is where non-payment filings originate.

Average gross rent is $836, 23% below the Lafayette average. On the softer side, state political climate reads 2/10.

Food insecurity runs 27.5% against 17.8% nationally. Against the Tippecanoe County average of 4.5, this tract reads riskier for landlords by 0.9 points.

Inability to pay a utility bill runs 16.0% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Nationally it ranks #24,859 of 84,120 for landlord eviction difficulty. On the CDC Social Vulnerability Index the tract reads 8.8/10, which tracks how hard a shock lands on the households already here.

Statewide the IN average is 3.9, so this tract runs 1.5 points hotter.

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