Oakview Terrace Eviction Risk: Moderate , Charlotte

At $1,034 a month, rents run 36% under what the rest of Charlotte commands. 26% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. Well under the midpoint, supply constraint reads 1/10.

Annualized rent equals 32% of average household income of $38,688, past the 30% affordability line, which thins the margin any screening standard has to work with. Running cool, rent-regulation exposure reads 1.5/10.

Against the Mecklenburg County average of 4.0, this tract reads riskier for landlords by 1.4 points. The poverty rate is 21%, which in this model reads as reduced rent-recovery odds after a judgment. SNAP participation runs 23.8% against 15.2% nationally.

Princeton's Eviction Lab logged 1,087 filings here across 4 tracked years. Inability to pay a utility bill runs 15.2% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Filings peaked in 2005 at 54.6% of renter households.

These are ACS 5-year estimates; the score moves when the ACS, court-record, or statute inputs behind it move.