Richmond Eviction Risk: Moderate

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. The poverty rate is 28%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

Well under the midpoint, eviction-process difficulty reads 2/10. Severe burden reaches 17%. Those are renters paying half their income or more, and that is where non-payment filings originate.

28% of renter households cross the 30%-of-income line, lower than the Madison County average of 36.3%. On the softer side, tenant-organizing strength reads 2/10. Average gross rent is $740, 19% below the Richmond average.

It sits 1.0 points above the Madison County average of 3.9. That is riskier than roughly 59% of the 84,120 US census tracts in this model. On the CDC Social Vulnerability Index the tract reads 4.4/10, which tracks how hard a shock lands on the households already here.

Statewide the KY average is 3.9, so this tract runs 1.0 points hotter.

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