In Saint Paul 56.7% of home owners have a mortgage on their home. 15.7% of home owners in Saint Paul spend more than 30% of their household income on shelter costs. When it comes to rented homes, 23.1% of the rented homes in Saint Paul are subsidized and the remaining 76.9% 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. 52.2% of tenants in Saint Paul spend over 30% of their household income on shelter costs.
| Statistic | Dollar Amount |
|---|---|
| Homes with a mortgage | 56.70% |
| Homes spending more than 30% of household income on the home | 15.70% |
| Homes that are subsidized by tax payers | 23.10% |
| Rented homes where more than 30% of household income is spent on shelter costs | 52.20% |