Southgate Eviction Risk: Lower

Well under the midpoint, economic stress reads 1/10. Running cool, eviction-process difficulty reads 1.3/10. 13% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears.

The filing record is not thin: 37 evictions over 5 years of observation. 46% of renter households cross the 30%-of-income line, lower than the Sarasota County average of 50.3%.

Filings peaked in 2002 at 3.2% of renter households. In a typical year about 2.0% of renter households face a filing.

That is riskier than roughly 27% of the 84,120 US census tracts in this model. 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 4.4/10 on the CDC index, a measure of exposure to housing and economic shocks. Poverty sits at 4%, low enough that arrears here usually signal a specific shock rather than a structural income gap. It tracks the Sarasota County average of 3.8 closely.

Average gross rent is $1,538, close to the Southgate average. Annual rent works out to 23% of average household income of $81,112.

These are ACS 5-year estimates; the score moves when the ACS, court-record, or statute inputs behind it move.