Elizabeth City Eviction Risk: Lower

Severe burden reaches 25%. Those are renters paying half their income or more, and that is where non-payment filings originate. On the softer side, economic stress reads 1.9/10. Running cool, rent-regulation exposure reads 2/10.

56% of renter households cross the 30%-of-income line, higher than the Pasquotank County average of 49.2%. At $1,341 a month, rents run 20% over what the rest of Elizabeth City commands. The filing record is not thin: 254 evictions over 9 years of observation.

The voucher gap is 12.5%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears. Against the Pasquotank County average of 4.0, this tract reads safer for landlords by 0.6 points. The worst year on record was 2002, when 25.7% of renter households were served.

In a typical year about 11.5% of renter households face a filing. Nationally it ranks #59,654 of 84,120 for landlord eviction difficulty. Only 21% of units are renter-occupied. Rental comparables are thin; price a renewal off the nearest genuine rental sub-market rather than off surrounding sale prices.

Social vulnerability reads 6.1/10 on the CDC index, a measure of exposure to housing and economic shocks. Of its three components the housing type and transport measure is the most pressured.

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