In Slave Lake 66.3% of home owners have a mortgage on their home. 12.8% of home owners in Slave Lake spend more than 30% of their household income on shelter costs. When it comes to rented homes, 18.6% of the rented homes in Slave Lake are subsidized and the remaining 81.4% 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. 39% of tenants in Slave Lake spend over 30% of their household income on shelter costs.
| Statistic | Dollar Amount |
|---|---|
| Homes with a mortgage | 66.30% |
| Homes spending more than 30% of household income on the home | 12.80% |
| Homes that are subsidized by tax payers | 18.60% |
| Rented homes where more than 30% of household income is spent on shelter costs | 39.00% |