Federal Hill Eviction Risk: Elevated , Providence

80% 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. around a third of renter households cross the 30%-of-income line, markedly below the Providence County average of 43.2%. Against the Providence County average of 5.7, this tract reads riskier for landlords by 1.8 points.

What pushes it up most is court filing pressure at 7.5/10. The poverty rate is 25%, which in this model reads as reduced rent-recovery odds after a judgment. Severe burden reaches 15%. Those are renters paying half their income or more, and that is where non-payment filings originate.

Sitting well above the midpoint, local political climate reads 7.5/10. The voucher gap is 19.0%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears.

Court records carry 121 eviction filings across 2 observed years. On the high side, tenant-organizing strength reads 7/10. Filings peaked in 2016 at 6.1% of renter households.

This ground was mapped C ("Definitely Declining") on the 1930s HOLC security maps for Providence. That grading determined who could get a mortgage, and its imprint on tenure and rent burden is still visible in the ACS data above.

Tract-level figures come from the ACS 5-year release and are rebuilt whenever that, the court-record feed, or the statutory ledger behind the score changes.