In Blackfalds 83.9% of home owners have a mortgage on their home. 27.3% of home owners in Blackfalds spend more than 30% of their household income on shelter costs. When it comes to rented homes, 7.6% of the rented homes in Blackfalds are subsidized and the remaining 92.4% 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. 30.3% of tenants in Blackfalds spend over 30% of their household income on shelter costs.
|Homes with a mortgage||83.90%|
|Homes spending more than 30% of household income on the home||27.30%|
|Homes that are subsidized by tax payers||7.60%|
|Rented homes where more than 30% of household income is spent on shelter costs||30.30%|