In Lac la Biche 51.4% of home owners have a mortgage on their home. 9.2% of home owners in Lac la Biche spend more than 30% of their household income on shelter costs. When it comes to rented homes, 13.7% of the rented homes in Lac la Biche are subsidized and the remaining 86.3% 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. 31.2% of tenants in Lac la Biche spend over 30% of their household income on shelter costs.
|Homes with a mortgage||51.40%|
|Homes spending more than 30% of household income on the home||9.20%|
|Homes that are subsidized by tax payers||13.70%|
|Rented homes where more than 30% of household income is spent on shelter costs||31.20%|