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.
| Statistic | Dollar Amount |
|---|---|
| Homes with a mortgage | 57.60% |
| Homes spending more than 30% of household income on the home | 12.10% |
| Homes that are subsidized by tax payers | 0.00% |
| Rented homes where more than 30% of household income is spent on shelter costs | 44.40% |