Parkway Village Eviction Risk: Moderate , Memphis

The poverty rate is 49%, which in this model reads as reduced rent-recovery odds after a judgment. Adults with no health insurance runs 32.4% against 11.3% nationally.

Disability prevalence runs 52.5% against 31.5% nationally. 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. Well under the midpoint, rent-regulation exposure reads 1.5/10.

Severe burden reaches 17%. Those are renters paying half their income or more, and that is where non-payment filings originate. On the softer side, state political climate reads 1.9/10. Against the Shelby County average of 4.3, this tract reads riskier for landlords by 1.1 points.

Average gross rent is $970, 18% below the Memphis average. 53% of renter households cross the 30%-of-income line, above the Shelby County average of 48.3%. That is riskier than roughly 70% of the 84,120 US census tracts in this model.

Social vulnerability reads 9.7/10 on the CDC index, a measure of exposure to housing and economic shocks. Statewide the TN average is 3.9, so this tract runs 1.5 points hotter. Of its three components the socioeconomic standing measure is the most pressured.

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