In Slave Lake 66.3% of home owners have a mortgage on their home. 12.8% of home owners in Slave Lake spend more than 30% of their household income on shelter costs. When it comes to rented homes, 18.6% of the rented homes in Slave Lake are subsidized and the remaining 81.4% 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% of tenants in Slave Lake spend over 30% of their household income on shelter costs.
|Homes with a mortgage||66.30%|
|Homes spending more than 30% of household income on the home||12.80%|
|Homes that are subsidized by tax payers||18.60%|
|Rented homes where more than 30% of household income is spent on shelter costs||39.00%|