In Wetaskiwin 58.9% of home owners have a mortgage on their home. 19.6% of home owners in Wetaskiwin spend more than 30% of their household income on shelter costs. When it comes to rented homes, 18.8% of the rented homes in Wetaskiwin are subsidized and the remaining 81.2% 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. 48% of tenants in Wetaskiwin spend over 30% of their household income on shelter costs.
Statistic | Dollar Amount |
---|---|
Homes with a mortgage | 58.90% |
Homes spending more than 30% of household income on the home | 19.60% |
Homes that are subsidized by tax payers | 18.80% |
Rented homes where more than 30% of household income is spent on shelter costs | 48.00% |