Renters at Risk of Eviction

State-by-State Break Down

Emily Gill
July 30, 2020 - 11:06 am
Apartments - Getty Images

According to a Statista report, approximately 25 million U.S. adults will stop receiving $600 federal unemployment checks beginning July 31. 

The new proposals drop the current benefits by 43% and would replace them with $200 weekly payments through September.  

These proposals are expected to increase financial stress for many Americans, in addition to the expiration of the Federal Eviction Moratorium which puts renters with federally backed mortgages at risk of eviction. 

More than a quarter of all U.S. renters have federally backed mortgages.

"An analysis from global advisory firm Stout Risius Ross estimates that over 40 percent of renter households across the country will experience a rental shortfall during the current crisis with close to 12 million people facing eviction over the coming four months alone," Statista reports.  "17 million are set to be impacted over the course of the pandemic."

Renters and Eviction - Statista

According to the Statista report, the analysis from Stout Risius Ross was based on July data from Household Pulse Data.

West Virginia, Tennessee, Mississippi, Minnesota, Florida, and Louisiana have the highest estimated share of renter households facing eviction; all have 50% of higher.

West Virginia is highest at 59% percent.

Of the at-risk states, Vermont has the lowest risk with 22% of the renting population at risk of losing their homes.

 

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