3 census tracts · pop 16,091 · pop-weighted Eviction Risk Score 4.2/10
· range 3–5.2
Waterford spans 3 census tracts of Leland, NC and houses 16,091 people. That produces an Eviction Risk Score of 4.2/10, Moderate tier. Against a Leland baseline of 35.6%, 54% of renters here cross the 30%-of-income line.
The voucher gap is 27.9%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. Internally this is not one market. Tract scores span 3 to 5.2, so two buildings inside the same boundary can carry materially different risk. 22% are severely burdened, paying half their income or more in rent. That cohort has no absorption capacity for an unexpected bill, and it is where non-payment filings originate.
The strongest single driver of the headline number is supply constraint at 7.8/10. Well under the midpoint is eviction-process difficulty, at 2.6/10. The filing record is not thin: 330 evictions logged in this tract.
Running hot is rent-regulation exposure at 7.2/10. Filing activity peaked in 2012 at 18.6% of renter households. The most recent observed rate, 7.5% in 2015, is well off that peak.
Only 28% of units are renter-occupied. Rental comparables are thin here; price renewals off the nearest genuine rental sub-market rather than off surrounding sale prices. Average gross rent runs $1,640, close to the Leland average.
Annual rent works out to 24% of average household income of $81,013.
Underwrite the address, not the area: with 2.2 points between its best and worst tract, the per-tract table below is the operative number. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.
Risk score
4.2
Moderate
3 tracts · population-weighted
Waterford vs LelandHow this neighborhood stacks against the citywide average
Single-parent HH, disability, language barriers, age 17- / 65+
Racial/ethnic minority43%ile
Hispanic + non-white share of population
Housing & transport35%ile
Multi-unit structures, mobile homes, crowding, no vehicle
Eviction filings · Princeton Eviction Lab
Court-record eviction history in Waterford
Aggregated across 1 validated constituent tract. Filing rate is filings per 100 renter households, pop-weighted.
Historic baseline (2000–2018)
330Total filings (sum)
20.41%Avg annual filing rate
18.6%Peak year (2012)
7.52%Latest filed (2015)
CDC PLACES 2023 · pop-weighted
Eviction-adjacent indicators in Waterford
Average across all constituent tracts, population-weighted. Source: CDC PLACES (cwsq-ngmh) crude prevalence.
10.4%Housing insecurity
7.0%Utility shutoff threat
12.8%Food insecurity
10.5%SNAP enrollment
9.2%No health insurance
31.8%Any disability
Frequently asked
About Waterford
Q1
What is the eviction-risk score for Waterford?
Waterford scores 4.2/10 (Moderate tier) across 3 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 Waterford compare to Leland overall?
Waterford scores 0.5 points higher than Leland overall (3.7/10). Renters spend 54% of income on rent vs 36% citywide. Average rent: $1,640 vs $1,735.
Q3
What is the average rent in Waterford?
Average gross rent in Waterford is $1,640/month (pop-weighted across 3 census tracts, ACS 5-year 2023). 54% of renter households are cost-burdened.
Q4
What percentage of Waterford residents are renters?
28% of Waterford households are renter-occupied (vs 19% in Leland). The neighborhood has 16,091 residents.
Q5
Is Waterford a high social-vulnerability area?
Waterford sits in the 40th 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
Which tracts in Waterford have the highest eviction risk?
The highest-risk constituent tract in Waterford is census tract 37019020201 (score 5.2/10). Across the 3 tracts in this neighborhood the score ranges from 3 to 5.2, a spread of 2.2 points.
Q7
How safe is Waterford for landlords?
Waterford carries a moderate-tier eviction-risk profile for landlords (4.2/10). Pop-weighted across 3 constituent tracts, the score blends parent-city rent-control posture, county eviction-process timelines, and tract-specific rent-to-income / poverty signals. Compared to Leland as a whole (3.7/10), this neighborhood is higher-risk.
Q8
What is the demographic breakdown of Waterford?
Waterford has 17,075 residents. Top groups: White (non-Hispanic) (72.4%), Black (non-Hispanic) (12.1%), Hispanic / Latino (10.5%). Source: ACS 5-year 2023, table B03002.
