Neighborhood · Ranked #67,219 of 84,120 nationally
Preston Oaks Eviction Risk: Lower , Cary
Tract 37183053523 ·
Wake County, NC · pop 5,891 · neighborhood within 0.4 mi
Census tract 37183053523 covers part of the Preston Oaks area of Cary, NC, and scores 3/10 on landlord eviction risk. It is home to 5,891 residents. Severe burden reaches 31%. Those are renters paying half their income or more, and that is where non-payment filings originate.
Risk score
3
Lower
Confidence 100% · 1–10 scale
Household mix · 100 hh
Burdened renters 17%Stable renters 25%Owners 58%
Tract context
Occupied units2,192
Renter share42.1%
SVI overall0.17
Poverty rate6.0%
Median income$228,750
Percentile rank
Higher percentile = riskier than more peers.
Within neighborhood
50th percentile
#1 of 1 tracts In Preston Oaks
Moderate
Within parent city
39th percentile
#25 of 40 tracts In Cary
Low
Within county
12th percentile
#202 of 230 tracts In Wake County
Very Low
Within state
28th percentile
#1,927 of 2,660 tracts In North Carolina
Low
Geographic context
Risk heat across Cary and the region
Centroid at 35.7955, -78.8193 · click any tract to drill in
Why Preston Oaks scores 3
9 axes · 1 = landlord-friendly
Local political climate
Inherited from Cary
3.5
Regional political climate
2024 county presidential margin
6.3
State political climate
North Carolina legislature & governorship
2.3
Economic stress
6.0% poverty · this tract
1.5
Supply constraint
$1,718 rent vs county FMR
4.7
Rent control risk
Inherited from Cary
1.0
Eviction process difficulty
State law sets the calendar
2.5
Tenant organizing strength
Inherited from Cary
2.5
Housing court bias
Inherited from Cary
3.0
How Preston Oaks compares
Risk score vs. parent city, county, state.
CDC Social Vulnerability Index
SVI percentile: 17
CDC/ATSDR 2022. Higher = more vulnerable. National percentile across 84k tracts.
21%Socioeconomic
13%Household composition
57%Racial/ethnic minority
22%Housing & transportation
Eviction filings
Court-record eviction history
Court-validated eviction filings collected from county clerks and consolidated by the Eviction Lab at Princeton University. Filing rate is filings per 100 renter households.1
Historic baseline (2000–2018)
165Total filings over 2 yrs
8.58%Avg annual filing rate
10.8%Peak (2016)
101Filings in 2016 (latest validated)
CDC PLACES 2023 · health & economic stress
Eviction-adjacent indicators
Crude prevalence of conditions linked to housing loss. Source: CDC PLACES (cwsq-ngmh), 2023 model-based small-area estimates.
5.8%Housing insecurity
3.7%Utility-shutoff threat
6.6%Food insecurity
4.0%SNAP enrollment
4.2%Transit barriers
5.1%No health insurance
12.4%Frequent mental distress
19.4%Any disability
Analysis
What drives eviction risk in Preston Oaks
The dominant input is court filing pressure at 9/10. Well under the midpoint, rent-regulation exposure reads 1/10. On the softer side, economic stress reads 1.5/10.
Food insecurity runs 6.6% against 17.8% nationally. It sits 1.0 points below the Wake County average of 4.0. Princeton's Eviction Lab logged 165 filings here across 2 tracked years.
Inability to pay a utility bill runs 3.7% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. The worst year on record was 2016, when 10.8% of renter households were served.
In a typical year about 8.6% of renter households face a filing. That is riskier than roughly 20% of the 84,120 US census tracts in this model. CDC social-vulnerability scoring puts the tract at 2.5/10.
All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.
Frequently asked
About tract 37183053523
Q1
What is the eviction-risk score for census tract 37183053523?
Census tract 37183053523 in the Preston Oaks neighborhood scores 3/10 (Lower tier). The Eviction Risk Score blends state law, county filing rates, parent-city politics, and tract-specific rent-to-income ratios + poverty signals.
Q2
What is the average rent in tract 37183053523?
Median gross rent is $1,718/month (ACS 5-year 2023, table B25064). 41% of renter households are cost-burdened.
Q3
What is the poverty rate in tract 37183053523?
6.0% of residents in tract 37183053523 live below the federal poverty line (ACS B17001, 2023). Population: 5,891.
Q4
How socially vulnerable is tract 37183053523?
CDC Social Vulnerability Index ranks this tract in the 17th percentile nationally. Sub-themes: socioeconomic 21th, household 13th, minority 57th, housing 22th.
Q5
Is tract 37183053523 considered part of Preston Oaks?
Yes. Per Census Bureau 2020 Block Assignment Files, the plurality of blocks in tract 37183053523 fall within Preston Oaks (neighborhood centroid within 0.4 miles, OSM data).
Q6
How many evictions are filed each year in tract 37183053523?
Princeton Eviction Lab recorded 165 eviction filings across 2 validated years in tract 37183053523 (2000-2018). The average annual filing rate is 8.58% of renter households, peaking at 10.8% in 2016. Source: Eviction Lab tract-validated 2024 release.
Q7
What share of households in tract 37183053523 struggle to pay rent?
About 5.8% of adults in this tract reported housing insecurity (could not pay rent or mortgage in the past 12 months), per the CDC PLACES 2023 model-based small-area estimate. 3.7% also reported utility shutoff threats, a frequent precursor to eviction filings.
Q8
How does tract 37183053523 compare to Cary overall?
Tract 37183053523 scores 3/10, lower than the parent city of Cary at 3.4/10. City-scale signals (state law, local rent controls, court bias) are inherited from Cary eviction risk; what makes this tract different are its tract-specific economic stress and supply-constraint sub-scores.
Sibling tracts
Highest-risk tracts in Cary
Top eight tracts in Cary ranked by composite eviction-risk score.