In Squamish 74.3% of home owners have a mortgage on their home. 29.7% of home owners in Squamish spend more than 30% of their household income on shelter costs. When it comes to rented homes, 11.8% of the rented homes in Squamish are subsidized and the remaining 88.2% 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. 54.2% of tenants in Squamish spend over 30% of their household income on shelter costs.
Statistic | Dollar Amount |
---|---|
Homes with a mortgage | 74.30% |
Homes spending more than 30% of household income on the home | 29.70% |
Homes that are subsidized by tax payers | 11.80% |
Rented homes where more than 30% of household income is spent on shelter costs | 54.20% |