Franklin Chase Eviction Risk: Lower , Cary

Well under the midpoint, rent-regulation exposure reads 1/10. Severe burden reaches 21%. Those are renters paying half their income or more, and that is where non-payment filings originate.

66% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. Running cool, state political climate reads 2.3/10.

Food insecurity runs 8.5% against 17.8% nationally. SNAP participation runs 5.9% against 15.2% nationally. Court records carry 103 eviction filings across 2 observed years.

At $1,519 a month, rents run 13% under what the rest of Cary commands. Filings peaked in 2015 at 2.8% of renter households.

In a typical year about 2.7% of renter households face a filing. On the national scale it lands near the 40th percentile of the 84,120 tracts scored. Social vulnerability reads 4.4/10 on the CDC index, a measure of exposure to housing and economic shocks.

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.