In Kitchener 61.9% of home owners have a mortgage on their home. 17.6% of home owners in Kitchener spend more than 30% of their household income on shelter costs. When it comes to rented homes, 12.4% of the rented homes in Kitchener are subsidized and the remaining 87.6% 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. 40.0% of tenants in Kitchener spend over 30% of their household income on shelter costs.
|Homes with a mortgage||61.90%|
|Homes spending more than 30% of household income on the home||17.60%|
|Homes that are subsidized by tax payers||12.40%|
|Rented homes where more than 30% of household income is spent on shelter costs||40.00%|