Falconers Ridge Eviction Risk: Lower , Cary

Well under the midpoint, rent-regulation exposure reads 1/10. 21% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. On the softer side, economic stress reads 1.4/10.

Food insecurity runs 7.1% against 17.8% nationally. Against the Wake County average of 4.0, this tract reads safer for landlords by 1.0 points.

Princeton's Eviction Lab logged 11 filings here across 2 tracked years. 39% of renter households cross the 30%-of-income line, lower than the Wake County average of 42.7%.

Average gross rent is $1,566, 10% below the Cary average. Inability to pay a utility bill runs 4.0% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. The worst year on record was 2016, when 1.1% of renter households were served.

In a typical year about 1.1% of renter households face a filing. That is riskier than roughly 20% of the 84,120 US census tracts in this model.

On the CDC Social Vulnerability Index the tract reads 4.1/10, which tracks how hard a shock lands on the households already here. Against average income of $109,519, annual rent is just 17%.

Tract-level figures come from the ACS 5-year release and are rebuilt whenever that, the court-record feed, or the statutory ledger behind the score changes.