In Port Hope 53.1% of home owners have a mortgage on their home. 19% of home owners in Port Hope spend more than 30% of their household income on shelter costs. When it comes to rented homes, 14.8% of the rented homes in Port Hope are subsidized and the remaining 85.2% 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. 37.1% of tenants in Port Hope spend over 30% of their household income on shelter costs.
|Homes with a mortgage||53.10%|
|Homes spending more than 30% of household income on the home||19.00%|
|Homes that are subsidized by tax payers||14.80%|
|Rented homes where more than 30% of household income is spent on shelter costs||37.10%|