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.
|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%|