In Stettler 58.5% of home owners have a mortgage on their home. 13.8% of home owners in Stettler spend more than 30% of their household income on shelter costs. When it comes to rented homes, 11.4% of the rented homes in Stettler are subsidized and the remaining 88.6% 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. 39.8% of tenants in Stettler spend over 30% of their household income on shelter costs.
|Homes with a mortgage||58.50%|
|Homes spending more than 30% of household income on the home||13.80%|
|Homes that are subsidized by tax payers||11.40%|
|Rented homes where more than 30% of household income is spent on shelter costs||39.80%|