King Street Design District Eviction Risk: Moderate , Charleston

70% of renter households cross the 30%-of-income line, far above the Charleston County average of 45.9%. Set annual rent against average income of $50,240 and the ratio lands at 54%, above the conventional 30% ceiling.

The dominant input is economic stress at 10/10. Sitting well above the midpoint, court filing pressure reads 9.7/10. The poverty rate is 42%, which in this model reads as reduced rent-recovery odds after a judgment.

92% 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, rent-regulation exposure reads 1/10.

At $2,258 a month, rents run 31% over what the rest of Charleston commands. The voucher gap is 24.1%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears.

It sits 1.2 points above the Charleston County average of 3.7. The filing record is not thin: 146 evictions over 4 years of observation.

The worst year on record was 2014, when 6.2% of renter households were served. In a typical year about 5.1% of renter households face a filing.

That is riskier than roughly 59% of the 84,120 US census tracts in this model.

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