Albuquerque Eviction Risk: Moderate

The dominant input is court filing pressure at 8.8/10. 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. The poverty rate is 34%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

Sitting well above the midpoint, economic stress reads 8.6/10. Housing insecurity runs 28.9% against 14.2% nationally.

It sits 1.4 points above the Bernalillo County average of 4.3. Inability to pay a utility bill runs 20.3% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

Well under the midpoint, supply constraint reads 2.5/10. At $994 a month, rents run 13% under what the rest of Albuquerque commands. On the national scale it lands near the 74th percentile of the 84,120 tracts scored.

Social vulnerability reads 8.7/10 on the CDC index, a measure of exposure to housing and economic shocks. Statewide the NM average is 4.2, so this tract runs 1.5 points hotter.

Of its three components the household composition measure is the most pressured. 46% of renter households spend at least 30% of income on rent.

Annual rent works out to 28% of average household income of $42,518.

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