In Hinton 69.1% of home owners have a mortgage on their home. 13.2% of home owners in Hinton spend more than 30% of their household income on shelter costs. When it comes to rented homes, 16.9% of the rented homes in Hinton are subsidized and the remaining 83.1% 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. 35.5% of tenants in Hinton spend over 30% of their household income on shelter costs.
| Statistic | Dollar Amount |
|---|---|
| Homes with a mortgage | 69.10% |
| Homes spending more than 30% of household income on the home | 13.20% |
| Homes that are subsidized by tax payers | 16.90% |
| Rented homes where more than 30% of household income is spent on shelter costs | 35.50% |