Beale Street Historic District Eviction Risk: Moderate , Memphis

96% 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. Severe burden reaches 29%. Those are renters paying half their income or more, and that is where non-payment filings originate. The poverty rate is 39%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

Set annual rent against average income of $33,538 and the ratio lands at 38%, above the conventional 30% ceiling. Well under the midpoint, rent-regulation exposure reads 1.5/10.

Against Shelby County at 48.3%, 57% of renters here are cost-burdened. Adults with no health insurance runs 24.5% against 11.3% nationally.

On the softer side, state political climate reads 1.9/10. It sits 1.1 points above the Shelby County average of 4.3.

At $1,056 a month, rents run 11% under what the rest of Memphis commands. 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.

That is riskier than roughly 70% of the 84,120 US census tracts in this model.

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.