Forest River Eviction Risk: Lower , Mount Prospect

The clearest offset is economic stress at 1/10. Severe burden reaches 27%. Those are renters paying half their income or more, and that is where non-payment filings originate. roughly one in three of renter households cross the 30%-of-income line, markedly below the Cook County average of 45.6%.

On the softer side, supply constraint reads 2.4/10. Running hot, regional political climate reads 7.5/10. The filing record is not thin: 223 evictions over 15 years of observation.

SNAP participation runs 7.7% against 15.2% nationally. Average gross rent is $1,303, 13% below the Mount Prospect average.

The worst year on record was 2010, when 10.1% of renter households were served. In a typical year about 5.5% of renter households face a filing.

That is riskier than roughly 25% of the 84,120 US census tracts in this model. Only 7% 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 4.3/10 on the CDC index, a measure of exposure to housing and economic shocks. Rent consumes only 11% of average household income of $136,510, an unusually wide affordability cushion.

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