Ferrell Eviction Risk: Lower

The main counterweight is economic stress, at 1/10. On the softer side is supply constraint, at 1.7/10. At $1,178 a month, rents sit 25% under what the rest of Raleigh commands.

Well under the midpoint is rent-regulation exposure, at 2/10. CDC survey data puts housing insecurity at 4.6% of adults, against 14.2% nationally. The filing record is not thin: 51 evictions logged in this tract.

Severe burden reaches 10%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears. The worst year on record was 2016, when filings touched 8.6% of renter households.

4.7% of adults carry no health insurance against 11.3% nationally, a common route into sudden unpayable debt. That places it #89 of 107 neighborhoods in Raleigh.

Judgments average 1.5% of renter households a year, the share of filings that actually convert to an order. Only 16% 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, Briarcliff and Lost Valley score within a fraction of it.

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.