In Golden Avenue 57.3% of home owners have a mortgage on their home. 8.6% of home owners in Golden Avenue spend more than 30% of their household income on shelter costs. When it comes to rented homes, 2.5% of the rented homes in Golden Avenue are subsidized and the remaining 97.5% 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. 36.5% of tenants in Golden Avenue spend over 30% of their household income on shelter costs.
|Homes with a mortgage||57.30%|
|Homes spending more than 30% of household income on the home||8.60%|
|Homes that are subsidized by tax payers||2.50%|
|Rented homes where more than 30% of household income is spent on shelter costs||36.50%|