In Taber 61.8% of home owners have a mortgage on their home. 17.3% of home owners in Taber spend more than 30% of their household income on shelter costs. When it comes to rented homes, 31.4% of the rented homes in Taber are subsidized and the remaining 68.6% 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. 31.4% of tenants in Taber spend over 30% of their household income on shelter costs.
Statistic | Dollar Amount |
---|---|
Homes with a mortgage | 61.80% |
Homes spending more than 30% of household income on the home | 17.30% |
Homes that are subsidized by tax payers | 31.40% |
Rented homes where more than 30% of household income is spent on shelter costs | 31.40% |