Homestead Eviction Risk: Moderate , Charlotte

Well under the midpoint, rent-regulation exposure reads 1.5/10. 55% of renter households cross the 30%-of-income line, above the Mecklenburg County average of 45.3%.

On the softer side, supply constraint reads 1.8/10. Average gross rent is $1,236, 23% below the Charlotte average. Housing insecurity runs 25.4% against 14.2% nationally.

Against the Mecklenburg County average of 4.0, this tract reads riskier for landlords by 0.8 points. Inability to pay a utility bill runs 16.2% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

On the national scale it lands near the 58th percentile of the 84,120 tracts scored. Social vulnerability reads 7.3/10 on the CDC index, a measure of exposure to housing and economic shocks.

Of its three components the socioeconomic standing measure is the most pressured. Annual rent works out to 25% of average household income of $58,875. 52% of occupied units are renter-occupied.

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