Arts District Eviction Risk: Elevated , Portland

Severe burden reaches 37%. Those are renters paying half their income or more, and that is where non-payment filings originate. It sits 2.6 points above the Cumberland County average of 5.0.

Set annual rent against average income of $37,045 and the ratio lands at 46%, above the conventional 30% ceiling. 87% 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 main counterweight is supply constraint at 2/10. The poverty rate is 22%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

On the softer side, court filing pressure reads 2.8/10. At $1,408 a month, rents run 11% under what the rest of Portland commands.

Nationally it ranks #9,927 of 84,120 for landlord eviction difficulty. Social vulnerability reads 7.1/10 on the CDC index, a measure of exposure to housing and economic shocks.

Statewide the ME average is 4.5, so this tract runs 3.1 points hotter. Of its three components the housing type and transport measure is the most pressured.

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