In Owen Sound 54.6% of home owners have a mortgage on their home. 14.5% of home owners in Owen Sound spend more than 30% of their household income on shelter costs. When it comes to rented homes, 20.7% of the rented homes in Owen Sound are subsidized and the remaining 79.3% 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. 43.9% of tenants in Owen Sound spend over 30% of their household income on shelter costs.
|Homes with a mortgage||54.60%|
|Homes spending more than 30% of household income on the home||14.50%|
|Homes that are subsidized by tax payers||20.70%|
|Rented homes where more than 30% of household income is spent on shelter costs||43.90%|