King Street Antique District Eviction Risk: Lower

The dominant input is supply constraint at 10/10. The voucher gap is 85.6%: households holding assistance that local rents will not absorb, which shows up as churn rather than arrears. Against a Charleston baseline of 32.7%, 46% of renters here cross the 30%-of-income line.

31% are severely burdened, paying half their income or more in rent. That cohort has no absorption capacity for an unexpected bill, and it is where non-payment filings originate. Well under the midpoint is rent-regulation exposure, at 1/10. Running cool is economic stress, at 1/10.

2.1% 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 filing record is not thin: 16 evictions logged in this tract. Filing activity peaked in 2012 at 2.9% of renter households.

4.5% of adults carry no health insurance against 11.3% nationally, a common route into sudden unpayable debt. The most recent observed rate, 0.5% in 2015, is well off that peak. That places it #17 of 23 neighborhoods in Charleston.

At 19% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out. The closest comparables inside the same city are Cypress and Longborough.

One tract means one number: 3/10 applies directly to any address inside the boundary. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.