Downtown Canton Arts District Eviction Risk: Moderate

Inability to pay a utility bill runs 34.2% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Housing insecurity runs 38.5% against 14.2% nationally. The poverty rate is 58%, which in this model reads as reduced rent-recovery odds after a judgment.

At $487 a month, rents run 43% under what the rest of Canton commands. Severe burden reaches 31%. Those are renters paying half their income or more, and that is where non-payment filings originate. Sitting well above the midpoint, tenant-organizing strength reads 9.3/10.

79% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. Well under the midpoint, supply constraint reads 1/10.

48% of renter households cross the 30%-of-income line, higher than the Stark County average of 38.2%. Against the Stark County average of 4.1, this tract reads riskier for landlords by 1.7 points.

The filing record is not thin: 1,985 evictions over 15 years of observation. Filings peaked in 2008 at 19.3% of renter households.

In the 1930s the federal Home Owners' Loan Corporation graded this ground D ("Hazardous"). Redlining cut off mortgage credit to whole blocks for decades, and the areas graded D still carry measurably lower ownership and higher rent burden today.

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