Bishops Ridge Eviction Risk: Lower

Severe burden reaches 33%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears. Pulling the other way is rent-regulation exposure, at 1.5/10.

Scores across the 4 constituent tracts range from 3 to 4.8. A 1.8-point internal spread means block-level underwriting beats area-level here. Running cool is economic stress, at 2/10. Court records carry 1,116 eviction filings across its 3 observed tracts.

SNAP participation is 5.7% of households versus 15.2% nationally. Food insecurity affects 8.0% of adults, 9.8 points below the national rate.

The worst year on record was 2014, when filings touched 34.3% of renter households. The most recent observed rate, 8.2% in 2016, is well off that peak. Among the 111 mapped neighborhoods of Charlotte, it ranks #83 by risk, the lower third.

At 27% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out. The closest comparables inside the same city are Mallard Grove and Riviera. Rent takes 17% of average household income, comfortably inside the 30% line and unusually low for a rental sub-market.

Average gross rent runs $1,627, close to the Charlotte average.

Underwrite the address, not the area: with 1.8 points between its best and worst tract, the per-tract table below is the operative number. Scores move when the ACS release, the court-record feed, or the statute ledger behind them moves.