In Whitecourt 73.7% of home owners have a mortgage on their home. 16.1% of home owners in Whitecourt spend more than 30% of their household income on shelter costs. When it comes to rented homes, 3.4% of the rented homes in Whitecourt are subsidized and the remaining 96.6% 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. 26.8% of tenants in Whitecourt spend over 30% of their household income on shelter costs.
| Statistic | Dollar Amount |
|---|---|
| Homes with a mortgage | 73.70% |
| Homes spending more than 30% of household income on the home | 16.10% |
| Homes that are subsidized by tax payers | 3.40% |
| Rented homes where more than 30% of household income is spent on shelter costs | 26.80% |