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Neighborhood · Cary, NC

Preston Oaks Eviction Risk: Lower

1 census tracts · pop 5,891 · pop-weighted Eviction Risk Score 3/10 · range 3–3

Preston Oaks is a one-tract neighborhood of Cary, NC and houses 5,891 people. Scored across those inputs it reaches 3/10, placing it in the Lower tier. Against a Cary baseline of 24.9%, 41% of renters here cross the 30%-of-income line.

Severe burden reaches 32%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears. The clearest offset is rent-regulation exposure, at 1/10.

On the softer side is economic stress, at 1.5/10. Court records for this tract carry 165 eviction filings. Well under the midpoint is eviction-process difficulty, at 2.5/10.

Food insecurity affects 6.6% of adults, 11.2 points below the national rate. Disability prevalence reaches 19.4% against a 31.5% national average, which raises the odds a reasonable-accommodation request accompanies any dispute.

Filing activity peaked in 2016 at 10.8% of renter households. Among the 39 mapped neighborhoods of Cary, it ranks #11 by risk, the upper third. Judgments average 1.5% of renter households a year, the share of filings that actually convert to an order.

For a like-for-like read, Wellsley and Marquis at Cary Parkway score within a fraction of it. Against average income of $228,750, annual rent is only 9%, a wide affordability cushion.

Because the boundary contains one tract, 3/10 is simultaneously the area figure and the address-level figure. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.

Risk score
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 3–3

Why Preston Oaks scores 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).

Preston Oaks score vs. parent city, state, U.S.3.0Preston OaksNeighborhood3.4Parent cityhost city3.9Stateavg in state5.1U.S.national avgU.S. avg = 5.0
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 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.

Frequently asked

About Preston Oaks

Q1

What is the eviction-risk score for Preston Oaks?

Preston Oaks scores 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.
Q2

How does Preston Oaks compare to Cary overall?

Preston Oaks scores 0.4 points lower than Cary overall (3.4/10). Renters spend 41% of income on rent vs 25% citywide. Average rent: $1,718 vs $1,738.
Q3

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.
Q4

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.
Q5

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.
Q6

How safe is Preston Oaks for landlords?

Preston Oaks carries a lower-tier eviction-risk profile for landlords (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 (3.4/10), this neighborhood is lower-risk.
Q7

What is the demographic breakdown of Preston Oaks?

Preston Oaks has 5,964 residents. 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

Sibling neighborhoods

Other neighborhoods inside Cary

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

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