Cost Of Eviction Calculator Report: Comparing Societal Cost Of Eviction To Estimated Rent Shortfall For
Summary
A one-page chart filed October 13, 2020 as Document 36-1 in Case No. 1:20-cv-03702-JPB. It lists, for the United States, Georgia, North Carolina, South Carolina and Virginia, low and high estimates of renter households at risk of COVID-19 eviction, the societal cost of eviction, the estimated rent shortfall by January 2021, and the cost savings of preventing eviction. The United States figures range from 9,700,000 to 14,200,000 households, with a societal cost of $109,755,566,198 to $159,697,021,215 and a rent shortfall of $25,062,000,000 to $34,344,000,000. Footnotes cite an analysis by Stout Risius Ross and a Cost of Eviction Calculator Report by the Innovation for Justice Program at the University of Arizona James E. Rogers College of Law, and state that cost savings are calculated by subtracting the rent shortfall from the societal cost.
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Case 1:20-cv-03702-JPB Document 36-1 Filed 10/13/20 Page 1 of 1
The chart below details the number of renters unable to pay rent and at risk of eviction,1 the
societal cost of eviction,2 the estimated rent shortfall by January 2021, 3 and the cost savings
of preventing eviction.4
Renter Societal cost of Estimated rent Cost savings of
households COVID-19 eviction shortfall by preventing
at risk of January 2021 eviction
eviction
United States (low) 9,700,000 $109,755,566,198 $25,062,000,000 $84,693,566,198
United States (high) 14,200,000 $159,697,021,215 $34,344,000,000 $125,353,021,215
Georgia (low) 340,000 $3,829,194,236 $824,000,000 $3,005,194,236
Georgia (high) 460,000 $5,160,966,369 $1,052,000,000 $4,108,966,369
North Carolina (low) 300,000 $3,385,469,845 $632,000,000 $2,753,469,845
North Carolina (high) 410,000 $4,606,260,968 $824,000,000 $3,782,260,968
South Carolina (low) 30,000 $348,006,592 $77,000,000 $271,006,592
South Carolina (high) 60,000 $680,949,625 $119,000,000 $561,949,625
Virginia (low) 220,000 $2,508,353,435 $578,000,000 $1,930,353,435
Virginia (high) 320,000 $3,618,163,547 $802,000,000 $2,816,163,547
1 STOUT RISIUS ROSS, ANALYSIS OF CURRENT AND EXPECTED RENTAL SHORTFALL AND POTENTIAL EVICTIONS IN THE U.S.,
at 36 (Sept. 25, 2020), https://www.ncsha.org/wp-content/uploads/Analysis-of-Current-and-Expected-
Rental-Shortfall-and-Potential-Evictions-in-the-US_Stout_FINAL.pdf.
2 INNOVATION FOR JUSTICE PROGRAM, UNIVERSITY OF ARIZONA JAMES E. ROGERS COLLEGE OF LAW,
COST OF EVICTION CALCULATOR REPORT: COMPARING SOCIETAL COST OF EVICTION TO ESTIMATED RENT SHORTFALL FOR:
US, GA, NC, SC, VA (Oct. 2, 2020), available at https://Law.arizona.edu/eviction-calculator.
3 STOUT RISIUS ROSs, supra note 1, at 36.
4 Calculated by subtracting the estimated rent shortfall from the societal cost of eviction.
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