18b: The Las Vegas Arts District Eviction Risk: Moderate

Cost burden runs 38% here against 50.7% across Clark County. 25% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. This is renter territory: 76% of occupied units are tenant-occupied.

Set annual rent against average income of $54,504 and the ratio lands at 32%, above the conventional 30% ceiling. On the softer side, rent-regulation exposure reads 2/10. The poverty rate is 23%, which in this model reads as reduced rent-recovery odds after a judgment.

Housing insecurity runs 23.4% against 14.2% nationally. Against the Clark County average of 4.7, this tract reads riskier for landlords by 0.7 points. Inability to pay a utility bill runs 15.7% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

On the national scale it lands near the 70th percentile of the 84,120 tracts scored. Social vulnerability reads 9.4/10 on the CDC index, a measure of exposure to housing and economic shocks. Statewide the NV average is 4.5, so this tract runs 0.9 points hotter.

Of its three components the socioeconomic standing measure is the most pressured.

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