Cascade Valley Eviction Risk: Moderate , Akron

What pushes it up most is economic stress at 8.9/10. 83% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby.

The poverty rate is 36%, which in this model reads as reduced rent-recovery odds after a judgment. Set annual rent against average income of $41,204 and the ratio lands at 34%, above the conventional 30% ceiling. Food insecurity runs 34.7% against 17.8% nationally.

On the softer side, rent-regulation exposure reads 1.5/10. At $1,172 a month, rents run 23% over what the rest of Akron commands. Inability to pay a utility bill runs 21.4% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

Against the Summit County average of 4.1, this tract reads riskier for landlords by 1.3 points. Running cool, state political climate reads 2.4/10. Court records carry 483 eviction filings across 17 observed years.

Cost burden runs 45% here against 41.2% across Summit County. The worst year on record was 2004, when 11.9% of renter households were served.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.