Cedar Hammock Eviction Risk: Moderate , South Bradenton

The clearest offset is supply constraint at 1/10. Average gross rent is $1,093, 32% below the Bradenton average. Annualized rent equals 34% of average household income of $38,087, past the 30% affordability line, which thins the margin any screening standard has to work with.

74% 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. Well under the midpoint, state political climate reads 1.5/10.

It sits 1.7 points above the Manatee County average of 4.1. Adults with no health insurance runs 25.9% against 11.3% nationally. Sitting well above the midpoint, rent-regulation exposure reads 8.4/10.

The poverty rate is 24%, which in this model reads as reduced rent-recovery odds after a judgment. Cost burden runs 60% here against 53.5% across Manatee County.

Court records carry 514 eviction filings across 4 observed years. The worst year on record was 2003, when 23.9% of renter households were served.

In a typical year about 14.8% of renter households face a filing.

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