Louisville Eviction Risk: Lower

Severe burden reaches 24%. Those are renters paying half their income or more, and that is where non-payment filings originate. The clearest offset is economic stress at 1.6/10. 63% of renter households cross the 30%-of-income line, well above the Boulder County average of 52.5%.

Sitting well above the midpoint, regional political climate reads 7.8/10. Princeton's Eviction Lab logged 2 filings here across 1 tracked years. The worst year on record was 2002, when 0.9% of renter households were served.

In a typical year about 0.9% of renter households face a filing. On the national scale it lands near the 22nd percentile of the 84,120 tracts scored.

Only 22% of units are renter-occupied. Rental comparables are thin; price a renewal off the nearest genuine rental sub-market rather than off surrounding sale prices. Social vulnerability reads 1.3/10 on the CDC index, a measure of exposure to housing and economic shocks. Rent consumes only 17% of average household income of $157,188, an unusually wide affordability cushion.

Statewide the CO average is 4.9, so this tract runs 1.8 points cooler. Of its three components the socioeconomic standing measure is the least pressured. Average gross rent is $2,192, close to the Louisville average.

Tract-level figures come from the ACS 5-year release and are rebuilt whenever that, the court-record feed, or the statutory ledger behind the score changes.