Ferrell Eviction Risk: Lower , Raleigh

56% of renter households cross the 30%-of-income line, markedly above the Wake County average of 42.7%. Well under the midpoint, economic stress reads 1/10. On the softer side, supply constraint reads 1.7/10.

Average gross rent is $1,178, 25% below the Raleigh average. Housing insecurity runs 4.6% against 14.2% nationally. Against the Wake County average of 4.0, this tract reads safer for landlords by 1.0 points.

The severe-burden share is 10%, and it is the single best predictor in this model of a filing that actually reaches judgment. Court records carry 51 eviction filings across 2 observed years.

Inability to pay a utility bill runs 3.1% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Filings peaked in 2016 at 8.6% of renter households. In a typical year about 7.8% of renter households face a filing.

On the national scale it lands near the 20th percentile of the 84,120 tracts scored. Only 16% 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.

On the CDC Social Vulnerability Index the tract reads 1.3/10, which tracks how hard a shock lands on the households already here.

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