Harbor Town Eviction Risk: Lower , Memphis

The clearest offset is rent-regulation exposure at 1.5/10. 22% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears. Running cool, state political climate reads 1.9/10.

The voucher gap is 23.9%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears. On the softer side, economic stress reads 2.4/10.

It sits 0.9 points below the Shelby County average of 4.3. 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. On the national scale it lands near the 29th percentile of the 84,120 tracts scored.

CDC social-vulnerability scoring puts the tract at 2.7/10. Of its three components the household composition measure is the least pressured. 52% of renter households spend at least 30% of income on rent.

Annual rent works out to 29% of average household income of $70,060. 64% of occupied units are renter-occupied.

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