Bridgepoint South Eviction Risk: Lower

The main counterweight is economic stress, at 1/10. The severe-burden share is 18%. Those renters are past the 50% mark, and they miss rent for reasons that have nothing to do with willingness to pay. Well under the midpoint is rent-regulation exposure, at 2/10.

CDC survey data puts housing insecurity at 5.5% of adults, against 14.2% nationally. Court records for this tract carry 92 eviction filings. 3.7% of adults report being unable to pay a utility bill, below a 9.2% national figure. Utility arrears usually lead rent arrears by a month or two.

The worst year on record was 2015, when filings touched 22.6% of renter households. At $1,728 a month, rents sit 10% over what the rest of Raleigh commands.

The most recent observed rate, 8.8% in 2016, is well off that peak. Among the 107 mapped neighborhoods of Raleigh, it ranks #89 by risk, the lower third. Only 14% of units are renter-occupied. Rental comparables are thin here; price renewals off the nearest genuine rental sub-market rather than off surrounding sale prices.

For a like-for-like read, Raintree and Briarcliff score within a fraction of it. Rent takes 14% of average household income, comfortably inside the 30% line and unusually low for a rental sub-market.

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.