Cherokee Village Eviction Risk: Lower , Meridian

Pulling hardest the other way is rent-regulation exposure at 1/10. Severe burden reaches 19%. Those are renters paying half their income or more, and that is where non-payment filings originate. Running cool, state political climate reads 1.8/10.

At $1,106 a month, rents run 22% over what the rest of Meridian commands. The poverty rate is 21%, which in this model reads as reduced rent-recovery odds after a judgment. Well under the midpoint, tenant-organizing strength reads 2.5/10.

On the national scale it lands near the 33rd percentile of the 84,120 tracts scored. Only 14% 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 6.2/10 on the CDC index, a measure of exposure to housing and economic shocks.

Of its three components the household composition measure is the most pressured. It tracks the Lauderdale County average of 3.9 closely. Annual rent works out to 24% of average household income of $56,310.

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.