The Wedges at Greystone Eviction Risk: Lower

Severe burden reaches 36%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears. The main counterweight is economic stress, at 1/10.

Average gross rent is $1,977, 26% above the Raleigh average of $1,572. Well under the midpoint is rent-regulation exposure, at 2/10.

CDC survey data puts housing insecurity at 6.3% of adults, against 14.2% nationally. SNAP participation is 4.8% of households versus 15.2% nationally. The voucher gap is 12.1%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears.

Among the 107 mapped neighborhoods of Raleigh, it ranks #70 by risk, the middle third. At 21% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out.

For a like-for-like read, The Cascades and Crosswinds score within a fraction of it. Poverty sits at 3%, low enough that arrears here usually reflect a specific shock rather than a structural income gap.

Annual rent works out to 25% of average household income of $93,289.

Because the boundary contains one tract, 3.8/10 is simultaneously the area figure and the address-level figure. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.