Pickwick Village Eviction Risk: Moderate , Raleigh

Severe burden reaches 22%. Those are renters paying half their income or more, and that is where non-payment filings originate. Running cool, rent-regulation exposure reads 2/10. 34% of renter households cross the 30%-of-income line, below the Wake County average of 42.7%.

Well under the midpoint, economic stress reads 2.1/10. The filing record is not thin: 217 evictions over 2 years of observation. The worst year on record was 2016, when 15.5% of renter households were served.

In a typical year about 14.1% of renter households face a filing. That is riskier than roughly 53% of the 84,120 US census tracts in this model. On the CDC Social Vulnerability Index the tract reads 3.8/10, which tracks how hard a shock lands on the households already here.

Of its three components the housing type and transport measure is the least pressured. It tracks the Wake County average of 4.0 closely. Average gross rent is $1,452, close to the Raleigh average.

Annual rent works out to 21% of average household income of $82,643. 57% of occupied units are renter-occupied.

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