Neighborhood · Ranked #80,791 of 84,120 nationally

Waterford Eviction Risk: Lower , Cary

Tract 37183053618 · Wake County, NC · pop 4,390 · neighborhood within 0.1 mi

Census tract 37183053618 covers the Waterford area of Cary, home to 4,390 residents. For landlords it grades 4.3/10, a moderate reading. That is riskier than about 18% of US census tracts.

28% of renter households here spend at least 30% of income on rent, a moderate level, and 12% are severely burdened at 50% or more. Average gross rent is $1,541 monthly, set against $147,742 in average yearly household income, roughly 13% of income at the averages. About 74% of occupied units are renter-occupied, a renter-majority tract.

Risk score

1.3

Lower

Confidence 100% · 1–10 scale

Household mix · 100 hh

Burdened renters 21% Stable renters 54% Owners 25%

Tract context

Occupied units1,996

Renter share74.2%

SVI overall0.11

Poverty rate5.4%

Median income$147,742

Percentile rank

Higher percentile = riskier than more peers.

Geographic context

Risk heat across Cary and the region

Centroid at 35.8549, -78.9015 · click any tract to drill in

Why Waterford scores 1.3

9 axes · 1 = landlord-friendly

Local political climate

Inherited from Cary

3.5

Regional political climate

2024 county presidential margin

6.3

State political climate

North Carolina legislature & governorship

2.3

Economic stress

5.4% poverty · this tract

1.4

Supply constraint

$1,541 rent vs county FMR

3.7

Rent control risk

Inherited from Cary

1.0

Eviction process difficulty

State law sets the calendar

2.5

Tenant organizing strength

Inherited from Cary

2.5

Housing court bias

Inherited from Cary

3.0

How Waterford compares

Risk score vs. parent city, county, state.

CDC Social Vulnerability Index

SVI percentile: 11

CDC/ATSDR 2022. Higher = more vulnerable. National percentile across 84k tracts.

20%Socioeconomic
1%Household composition
86%Racial/ethnic minority
32%Housing & transportation

CDC PLACES 2023 · health & economic stress

Eviction-adjacent indicators

Crude prevalence of conditions linked to housing loss. Source: CDC PLACES (cwsq-ngmh), 2023 model-based small-area estimates.

5.8%Housing insecurity
3.5%Utility-shutoff threat
6.0%Food insecurity
3.2%SNAP enrollment
4.0%Transit barriers
4.6%No health insurance
11.7%Frequent mental distress
13.8%Any disability

Analysis

What drives eviction risk in Waterford

The heaviest input here is supply constraint at 3.7/10. That part is specific to this tract, computed from its own rent, income, and poverty figures. Statewide and court-level factors such as eviction-process speed and rent-control exposure are inherited from Cary eviction risk, while the economic and supply signals are measured at the tract level.

Set against its neighbors, this tract scores below the Wake County average of 5.3 and below the North Carolina statewide average of 5.3. Within its own county it reads on the safer side for landlords.

The tract is predominantly Asian and ranks around the 11th percentile nationally on the CDC Social Vulnerability Index, a measure of how exposed residents are to housing and economic shocks. That is a relatively low-vulnerability reading.

In CDC survey modeling, about 5.8% of adults here said they could not pay rent or mortgage at some point in the past year, and 3.5% faced a utility shutoff threat, a common early warning before a filing.

For a landlord, conditions here are middle-of-the-road. Standard screening and prompt, documented notices usually keep cases short.

Frequently asked

About tract 37183053618

What is the eviction-risk score for census tract 37183053618?

Census tract 37183053618 in the Waterford neighborhood scores 1.3/10 (Lower tier). The Eviction Risk Score blends state law, county filing rates, parent-city politics, and tract-specific rent-to-income ratios + poverty signals.

What is the average rent in tract 37183053618?

Median gross rent is $1,541/month (ACS 5-year 2023, table B25064). 28% of renter households are cost-burdened.

What is the poverty rate in tract 37183053618?

5.4% of residents in tract 37183053618 live below the federal poverty line (ACS B17001, 2023). Population: 4,390.

How socially vulnerable is tract 37183053618?

CDC Social Vulnerability Index ranks this tract in the 11th percentile nationally. Sub-themes: socioeconomic 20th, household 1th, minority 86th, housing 32th.

Is tract 37183053618 considered part of Waterford?

Yes. Per Census Bureau 2020 Block Assignment Files, the plurality of blocks in tract 37183053618 fall within Waterford (neighborhood centroid within 0.1 miles, OSM data).

What share of households in tract 37183053618 struggle to pay rent?

About 5.8% of adults in this tract reported housing insecurity (could not pay rent or mortgage in the past 12 months), per the CDC PLACES 2023 model-based small-area estimate. 3.5% also reported utility shutoff threats, a frequent precursor to eviction filings.

How does tract 37183053618 compare to Cary overall?

Tract 37183053618 scores 1.3/10, lower than the parent city of Cary at 2.6/10. City-scale signals (state law, local rent controls, court bias) are inherited from Cary eviction risk; what makes this tract different are its tract-specific economic stress and supply-constraint sub-scores.

Sibling tracts

Highest-risk tracts in Cary

Top eight tracts in Cary ranked by composite eviction-risk score.