Wellsley Eviction Risk: Lower

The voucher gap is 27.3%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. Well under the midpoint is economic stress, at 1.3/10. At $2,245 a month, rents sit 29% over what the rest of Cary commands.

The severe-burden share is 20%. Those renters are past the 50% mark, and they miss rent for reasons that have nothing to do with willingness to pay. Cost burden runs 31% against 24.9% citywide, putting Wellsley 5.8% over its own city. Running hot is supply constraint at 7.7/10.

Disability prevalence reaches 17.2% against a 31.5% national average, which raises the odds a reasonable-accommodation request accompanies any dispute. Court records for this tract carry 2 eviction filings. Filing activity peaked in 2015 at 1.1% of renter households.

4.3% of adults carry no health insurance against 11.3% nationally, a common route into sudden unpayable debt. That places it #11 of 39 neighborhoods in Cary. Judgments average 0.5% of renter households a year, the share of filings that actually convert to an order.

At 23% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out.

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.