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Neighborhood · Ranked #80,791 of 84,120 nationally

Preston Oaks Eviction Risk: Lower , Cary

Tract 37183053523 · Wake County, NC · pop 5,891 · neighborhood within 0.4 mi

Landlord eviction risk in census tract 37183053523 (the Preston Oaks neighborhood of Cary, North Carolina) comes in at 4.8/10, the Moderate tier. That is riskier than roughly 31% of the 84,120 US census tracts we score.

About 41% of renters carry a rent burden of 30% of income or higher, a severe level, and 31% are severely burdened at 50% or more. Average rent runs $1,718 a month against an average household income of $228,750 a year, roughly 9% of income at the averages. About 42% of occupied units are renter-occupied.

Risk score
1.3
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
50 th percentile
Rank, 50th percentileLowHigh
#1 of 1 tracts In Preston Oaks
Moderate
Within parent city
49 th percentile
Rank, 49th percentileLowHigh
#21 of 40 tracts In Cary
Moderate
Within county
21 th percentile
Rank, 21st percentileLowHigh
#183 of 230 tracts In Wake County
Low
Within state
3 th percentile
Rank, 3rd percentileLowHigh
#2,570 of 2,660 tracts In North Carolina
Very 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 1.3

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.
Preston Oaks risk score vs. parent city / county / stateThis tract: 1.31.3This tracttract 053523Cary: 2.62.6Caryparent cityCounty: 2.52.5Countyavg tract in countyState: 3.83.8Stateavg tract in state
CDC Social Vulnerability Index

SVI percentile: 17

CDC/ATSDR 2022. Higher = more vulnerable. National percentile across 84k tracts.

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.

Analysis

What drives eviction risk in Preston Oaks

The score leans hardest on supply constraint at 4.7/10. That part is specific to this tract, computed from its own rent, income, and poverty figures. Statewide and court-level factors such as eviction-process speed and rent-control exposure are inherited from Cary eviction risk, while the economic and supply signals are measured at the tract level.

Set against its neighbors, this tract scores below the Wake County average of 5.3 and below the North Carolina statewide average of 5.3. Within its own county it reads on the safer side for landlords.

The tract is White and Asian and ranks around the 17th percentile nationally on the CDC Social Vulnerability Index, a measure of how exposed residents are to housing and economic shocks. That is a relatively low-vulnerability reading.

In CDC survey modeling, about 5.8% of adults here said they could not pay rent or mortgage at some point in the past year, and 3.7% faced a utility shutoff threat, a common early warning before a filing.

For a landlord, conditions here are middle-of-the-road. Standard screening and prompt, documented notices usually keep cases short.

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 1.3/10 (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 1.3/10, lower than the parent city of Cary at 2.6/10. 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.

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