In Southampton 48.3% of home owners have a mortgage on their home. 10.4% of home owners in Southampton spend more than 30% of their household income on shelter costs. When it comes to rented homes, 17.1% of the rented homes in Southampton are subsidized and the remaining 82.9% 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. 35% of tenants in Southampton spend over 30% of their household income on shelter costs.
|Homes with a mortgage||48.30%|
|Homes spending more than 30% of household income on the home||10.40%|
|Homes that are subsidized by tax payers||17.10%|
|Rented homes where more than 30% of household income is spent on shelter costs||35.00%|