Gibbons Housing - Mortgages and Subsidies


In Gibbons 57.6% of home owners have a mortgage on their home. 12.1% of home owners in Gibbons spend more than 30% of their household income on shelter costs. When it comes to rented homes, 0% of the rented homes in Gibbons are subsidized and the remaining 100% 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. 44.4% of tenants in Gibbons spend over 30% of their household income on shelter costs.

StatisticDollar Amount
Homes with a mortgage57.60%
Homes spending more than 30% of household income on the home12.10%
Homes that are subsidized by tax payers0.00%
Rented homes where more than 30% of household income is spent on shelter costs44.40%
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