In Gravenhurst 52.1% of home owners have a mortgage on their home. 20.2% of home owners in Gravenhurst spend more than 30% of their household income on shelter costs. When it comes to rented homes, 10.6% of the rented homes in Gravenhurst are subsidized and the remaining 89.4% pay market rent. Subsidized housing is government sponsored economic assistance program aimed towards alleviating housing costs and expenses for people in need with low to moderate incomes. 51% of tenants in Gravenhurst spend over 30% of their household income on shelter costs.
|Homes with a mortgage||52.10%|
|Homes spending more than 30% of household income on the home||20.20%|
|Homes that are subsidized by tax payers||10.60%|
|Rented homes where more than 30% of household income is spent on shelter costs||51.00%|