Cady Lake Eviction Risk: Lower , Charlotte

At $2,287 a month, rents run 42% over what the rest of Charlotte commands. The score leans hardest on court filing pressure at 9.5/10. Running cool, economic stress reads 1/10.

On the softer side, rent-regulation exposure reads 1.5/10. The voucher gap is 25.4%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears.

SNAP participation runs 4.2% against 15.2% nationally. Against the Mecklenburg County average of 4.0, this tract reads safer for landlords by 1.0 points.

Inability to pay a utility bill runs 4.0% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Nationally it ranks #67,219 of 84,120 for landlord eviction difficulty.

Only 12% 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. CDC social-vulnerability scoring puts the tract at 2.4/10.

Against average income of $157,454, annual rent is just 17%. Statewide the NC average is 4.0, so this tract runs 1.0 points cooler.

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.