Coliseum Drive Eviction Risk: Moderate , Charlotte

Severe burden reaches 30%. Those are renters paying half their income or more, and that is where non-payment filings originate. The poverty rate is 35%, which in this model reads as reduced rent-recovery odds after a judgment.

80% 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. Running hot, economic stress reads 8.8/10. Running cool, rent-regulation exposure reads 1.5/10.

It sits 1.4 points above the Mecklenburg County average of 4.0. 53% of renter households cross the 30%-of-income line, above the Mecklenburg County average of 45.3%.

SNAP participation runs 24.9% against 15.2% nationally. The filing record is not thin: 1,317 evictions over 4 years of observation. Average gross rent is $1,373, 15% below the Charlotte average.

Inability to pay a utility bill runs 15.1% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Filings peaked in 2005 at 38.1% of renter households. In a typical year about 25.7% of renter households face a filing.

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