In Bonnyville 60.8% of home owners have a mortgage on their home. 19.6% of home owners in Bonnyville spend more than 30% of their household income on shelter costs. When it comes to rented homes, 10.1% of the rented homes in Bonnyville are subsidized and the remaining 89.9% 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. 39% of tenants in Bonnyville spend over 30% of their household income on shelter costs.
|Homes with a mortgage||60.80%|
|Homes spending more than 30% of household income on the home||19.60%|
|Homes that are subsidized by tax payers||10.10%|
|Rented homes where more than 30% of household income is spent on shelter costs||39.00%|