Florence Eviction Risk: Lower

On the softer side, economic stress reads 1/10. 24% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. Sitting well above the midpoint, court filing pressure reads 8.4/10.

The voucher gap is 20.8%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears. Cost burden runs 38% here against 31.7% across Boone County. Average gross rent is $1,554, 17% above the Florence average.

Nationally it ranks #63,308 of 84,120 for landlord eviction difficulty. Only 16% of units are renter-occupied. Rental comparables are thin; price a renewal off the nearest genuine rental sub-market rather than off surrounding sale prices.

CDC social-vulnerability scoring puts the tract at 2/10. Of its three components the housing type and transport measure is the least pressured. Poverty sits at 3%, low enough that arrears here usually signal a specific shock rather than a structural income gap.

It tracks the Boone County average of 3.5 closely. Annual rent works out to 21% of average household income of $90,598.

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