In Coaldale 61.1% of home owners have a mortgage on their home. 20.1% of home owners in Coaldale spend more than 30% of their household income on shelter costs. When it comes to rented homes, 26.4% of the rented homes in Coaldale are subsidized and the remaining 73.6% 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. 39.8% of tenants in Coaldale spend over 30% of their household income on shelter costs.
|Homes with a mortgage||61.10%|
|Homes spending more than 30% of household income on the home||20.10%|
|Homes that are subsidized by tax payers||26.40%|
|Rented homes where more than 30% of household income is spent on shelter costs||39.80%|