1 census tracts · pop 5,687 · pop-weighted Eviction Risk Score 7.4/10
· range 7.4–7.4
Banks Square maps to a single census tract in Waltham, MA, population 5,687. Scored across those inputs it reaches 7.4/10, placing it in the Elevated tier. 46% of renters here are cost-burdened at the 30% threshold, clearly above the Waltham rate of 27.8%.
The strongest single driver of the headline number is tenant-organizing strength at 9.2/10. Well under the midpoint is supply constraint, at 1.4/10.
Average gross rent is $1,808, 20% below the Waltham average of $2,268. The severe-burden share is 14%. Those renters are past the 50% mark, and they miss rent for reasons that have nothing to do with willingness to pay. The filing record is not thin: 87 evictions logged in this tract.
Running cool is economic stress, at 2.9/10. Filing activity peaked in 2016 at 2.0% of renter households.
That places it #2 of 8 neighborhoods in Waltham. Judgments average 0.6% of renter households a year, the share of filings that actually convert to an order. The closest comparables inside the same city are South Side and The Bleachery.
Annual rent works out to 22% of average household income of $98,375. 49% of occupied units are renter-occupied.
Because the boundary contains one tract, 7.4/10 is simultaneously the area figure and the address-level figure. Scores move when the ACS release, the court-record feed, or the statute ledger behind them moves.
Risk score
7.4
Elevated
1 tracts · population-weighted
Banks Square vs WalthamHow this neighborhood stacks against the citywide average
Single-parent HH, disability, language barriers, age 17- / 65+
Racial/ethnic minority66%ile
Hispanic + non-white share of population
Housing & transport73%ile
Multi-unit structures, mobile homes, crowding, no vehicle
Eviction filings · Princeton Eviction Lab
Court-record eviction history in Banks Square
Aggregated across 1 validated constituent tract. Filing rate is filings per 100 renter households, pop-weighted.
Historic baseline (2000–2018)
87Total filings (sum)
1.42%Avg annual filing rate
2.0%Peak year (2016)
2.01%Latest filed (2016)
CDC PLACES 2023 · pop-weighted
Eviction-adjacent indicators in Banks Square
Average across all constituent tracts, population-weighted. Source: CDC PLACES (cwsq-ngmh) crude prevalence.
13.2%Housing insecurity
7.7%Utility shutoff threat
14.2%Food insecurity
15.6%SNAP enrollment
6.5%No health insurance
25.6%Any disability
Frequently asked
About Banks Square
Q1
What is the eviction-risk score for Banks Square?
Banks Square scores 7.4/10 (Elevated tier) across 1 census tracts. The pop-weighted Eviction Risk Score blends state law, county filing rates, parent-city politics, and tract-specific rent-to-income and poverty signals.
Q2
How does Banks Square compare to Waltham overall?
Banks Square scores 0.9 points higher than Waltham overall (6.5/10). Renters spend 46% of income on rent vs 28% citywide. Average rent: $1,808 vs $2,268.
Q3
What is the average rent in Banks Square?
Average gross rent in Banks Square is $1,808/month (pop-weighted across 1 census tracts, ACS 5-year 2023). 46% of renter households are cost-burdened.
Q4
What percentage of Banks Square residents are renters?
49% of Banks Square households are renter-occupied (vs 50% in Waltham). The neighborhood has 5,687 residents.
Q5
Is Banks Square a high social-vulnerability area?
Banks Square sits in the 44th percentile nationally on the CDC Social Vulnerability Index (less vulnerable). The index combines poverty, unemployment, household composition, racial/ethnic minority share, and housing/transportation factors across all US census tracts.
Q6
How safe is Banks Square for landlords?
Banks Square carries a elevated-tier eviction-risk profile for landlords (7.4/10). Pop-weighted across 1 constituent tracts, the score blends parent-city rent-control posture, county eviction-process timelines, and tract-specific rent-to-income / poverty signals. Compared to Waltham as a whole (6.5/10), this neighborhood is higher-risk.
Q7
What is the demographic breakdown of Banks Square?
Banks Square has 5,992 residents. Top groups: White (non-Hispanic) (39.9%), Hispanic / Latino (36.9%), Asian (non-Hispanic) (18.3%). Source: ACS 5-year 2023, table B03002.
