In Canmore 61.2% of home owners have a mortgage on their home. 24.7% of home owners in Canmore spend more than 30% of their household income on shelter costs. When it comes to rented homes, 8.6% of the rented homes in Canmore are subsidized and the remaining 91.4% 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. 29.1% of tenants in Canmore spend over 30% of their household income on shelter costs.
Statistic | Dollar Amount |
---|---|
Homes with a mortgage | 61.20% |
Homes spending more than 30% of household income on the home | 24.70% |
Homes that are subsidized by tax payers | 8.60% |
Rented homes where more than 30% of household income is spent on shelter costs | 29.10% |