Neighborhood · Cary, NC

Preston Oaks Eviction Risk: Lower

1 census tracts · pop 5,891 · pop-weighted Eviction Risk Score 1.3/10 · range 1.3–1.3

Preston Oaks is a white-asian neighborhood in Cary with 1 census tract and a population of 5,891 residents. The neighborhood's pop-weighted eviction-risk score of 1.3/10 (Lower tier) blends state law, county-level filing rates, parent-city politics, and tract-specific rent-to-income ratios + poverty. 41% of renters here pay at least 30% of household income on rent, and 32% are severely cost-burdened (≥50% of income). Average gross rent of $1,718/month sits 1% lower than the Cary citywide average ($1,738).

Risk score

1.3

Lower

1 tracts · population-weighted

Preston Oaks vs Cary How this neighborhood stacks against the citywide average

% of income on rent

41.3% +66%

Cary: 24.9%

Average gross rent

$1,718 -1%

Cary: $1,738

Average HH income

$228,750 +77%

Cary: $129,399

Poverty rate

6.0% +14%

Cary: 5.3%

Renter share

42.1% +26%

Cary: 33.4%

Peer neighborhoods

Neighborhoods with similar eviction risk

Same county, closest by Eviction Risk Score.

Geographic context

Risk heat across Preston Oaks and the region

Click any tract to drill in · 1 tracts span score 1.3–1.3

Why Preston Oaks scores 1.3

9 axes · pop-weighted · 1 = landlord-friendly

State political climate

legislature & governorship · Range 2.3–2.3 across tracts

2.3

Regional political climate

County-level mix · 2024 presidential margin · Range 6.3–6.3 across tracts

6.3

Local political climate

Parent city governance · Range 3.5–3.5 across tracts

3.5

Rent control risk

41% of income on rent · Range 1.0–1.0 across tracts

1.0

Eviction process difficulty

State notice requirements & court backlog · Range 2.5–2.5 across tracts

2.5

Tenant organizing strength

42% renter households · Range 2.5–2.5 across tracts

2.5

Housing court bias

County bench composition · Range 3.0–3.0 across tracts

3.0

Economic stress

6.0% below poverty line · Range 1.5–1.5 across tracts

1.5

Supply constraint

Rent-to-FMR gap & zoning friction · Range 4.7–4.7 across tracts

4.7

Risk score comparison

Preston Oaks vs. parent city, state, U.S.

Eviction Risk Score (0–10 scale).

Census tracts

1 tracts in Preston Oaks

Ranked highest-risk first. Click for per-tract detail.

Tract↕	Score↕	Pop↕	% over 30% on rent↕	Average rent↕
37183053523	1.3	5,891	41%	$1,718

Social Vulnerability Index

CDC SVI percentile: 17

Pop-weighted across 1 tracts. Higher = more vulnerable to disaster, displacement, and rent shocks. Source: CDC/ATSDR SVI 2022.

Socioeconomic status 21%ile

Poverty, unemployment, no-HS-diploma, housing cost burden

Household characteristics 13%ile

Single-parent HH, disability, language barriers, age 17- / 65+

Racial/ethnic minority 57%ile

Hispanic + non-white share of population

Housing & transport 22%ile

Multi-unit structures, mobile homes, crowding, no vehicle

Eviction filings · Princeton Eviction Lab

Court-record eviction history in Preston Oaks

Aggregated across 1 validated constituent tract. Filing rate is filings per 100 renter households, pop-weighted.

Historic baseline (2000–2018)

165Total filings (sum)
8.58%Avg annual filing rate
10.8%Peak year (2016)
10.80%Latest filed (2016)

CDC PLACES 2023 · pop-weighted

Eviction-adjacent indicators in Preston Oaks

Average across all constituent tracts, population-weighted. Source: CDC PLACES (cwsq-ngmh) crude prevalence.

5.8%Housing insecurity
3.7%Utility shutoff threat
6.6%Food insecurity
4.0%SNAP enrollment
5.1%No health insurance
19.4%Any disability

Frequently asked

About Preston Oaks

What is the eviction-risk score for Preston Oaks?

Preston Oaks scores 1.3/10 (Lower tier) across 1 census tracts. The pop-weighted Eviction Risk Score blends state law, county filing rates, parent-city politics, and tract-specific rent-to-income and poverty signals.

How does Preston Oaks compare to Cary overall?

Preston Oaks scores 1.3 points lower than Cary overall (2.6/10). Renters spend 41% of income on rent vs 25% citywide. Average rent: $1,718 vs $1,738.

What is the average rent in Preston Oaks?

Average gross rent in Preston Oaks is $1,718/month (pop-weighted across 1 census tracts, ACS 5-year 2023). 41% of renter households are cost-burdened.

What percentage of Preston Oaks residents are renters?

42% of Preston Oaks households are renter-occupied (vs 33% in Cary). The neighborhood has 5,891 residents.

Is Preston Oaks a high social-vulnerability area?

Preston Oaks sits in the 17th percentile nationally on the CDC Social Vulnerability Index (low vulnerability). The index combines poverty, unemployment, household composition, racial/ethnic minority share, and housing/transportation factors across all US census tracts.

How safe is Preston Oaks for landlords?

Preston Oaks carries a lower-tier eviction-risk profile for landlords (1.3/10). Pop-weighted across 1 constituent tracts, the score blends parent-city rent-control posture, county eviction-process timelines, and tract-specific rent-to-income / poverty signals. Compared to Cary as a whole (2.6/10), this neighborhood is lower-risk.

What is the demographic breakdown of Preston Oaks?

Preston Oaks has 5,964 residents (White-Asian Neighborhood). Top groups: White (non-Hispanic) (54.7%), Asian (non-Hispanic) (22.5%), Black (non-Hispanic) (15.9%). Source: ACS 5-year 2023, table B03002.

Nearby

Other neighborhoods near Preston Oaks

2.7 Gresham Hills 2 tracts · pop 9,646 2.5 Pebble Ridge 2 tracts · pop 3,840

Sibling neighborhoods

Other neighborhoods inside Cary

Same parent city, ranked by score similarity to Preston Oaks.

1.3 Lakepointe at Lochmere 1 tracts · pop 2,667 1.3 Hallmark 1 tracts · pop 5,368 1.3 Waterford 1 tracts · pop 4,390 1.3 Wellsley 1 tracts · pop 4,024 1.3 Andover 1 tracts · pop 3,586 1.2 Saratoga Park 1 tracts · pop 2,288

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