The Yards Eviction Risk: Elevated

91% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building two streets over. The severe-burden share is 30%. Those renters are past the 50% mark, and they miss rent for reasons that have nothing to do with willingness to pay.

Annualized rent equals 34% of average household income here, past the 30% affordability line, which compresses the margin any screening standard has to work with. The poverty rate is 24%, which shows up in this model as reduced rent-recovery odds after a judgment.

The dominant input is tenant-organizing strength at 7/10. Court records for this tract carry 257 eviction filings.

Filing activity peaked in 2002 at 2.8% of renter households. The most recent observed rate, 0.6% in 2017, is well off that peak. Among the 61 mapped neighborhoods of Madison, it ranks #1 by risk, the upper third.

For a like-for-like read, Mendota Hills and Hiestand score within a fraction of it. Average gross rent runs $1,435, close to the Madison average.

Because the boundary contains one tract, 6/10 is simultaneously the area figure and the address-level figure. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.