City Hall Historic District Eviction Risk: High , Lowell

The main counterweight is supply constraint at 1/10. 84% 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.

Severe burden reaches 25%. Those are renters paying half their income or more, and that is where non-payment filings originate. The poverty rate is 35%, which in this model reads as reduced rent-recovery odds after a judgment.

On the high side, economic stress reads 8.8/10. Annualized rent equals 34% of average household income of $49,531, past the 30% affordability line, which thins the margin any screening standard has to work with.

SNAP participation runs 31.0% against 15.2% nationally. Against the Middlesex County average of 6.3, this tract reads riskier for landlords by 1.7 points. On the softer side, court filing pressure reads 2.5/10.

Food insecurity runs 25.9% against 17.8% nationally. Average gross rent is $1,393, 14% below the Lowell average. On the national scale it lands near the 91st percentile of the 84,120 tracts scored.

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