Louisville Eviction Risk: Moderate

Running cool, rent-regulation exposure reads 1.5/10. 67% 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.

Against Jefferson County at 42.9%, 51% of renters here are cost-burdened. Severe burden reaches 16%. Those are renters paying half their income or more, and that is where non-payment filings originate. Well under the midpoint, supply constraint reads 1.9/10.

Against the Jefferson County average of 4.0, this tract reads riskier for landlords by 0.9 points. The filing record is not thin: 1,543 evictions over 14 years of observation.

Average gross rent is $919, 9% below the Louisville average. Filings peaked in 2005 at 25.2% of renter households.

This ground was mapped C ("Definitely Declining") on the 1930s HOLC security maps for Louisville. That grading determined who could get a mortgage, and its imprint on tenure and rent burden is still visible in the ACS data above. In a typical year about 14.7% of renter households face a filing. That is riskier than roughly 59% of the 84,120 US census tracts in this model.

Social vulnerability reads 3.8/10 on the CDC index, a measure of exposure to housing and economic shocks. Statewide the KY average is 3.9, so this tract runs 1.0 points hotter. Of its three components the household composition measure is the least pressured.

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