Page 38 - 2015WellBeing
P. 38
Our Economy
Housing
Homeownership Chart 35: H omeownership Rates, Windsor Windsor
(CMA), Ontario, Canada Ontario
Homeownership is one of the pinnacles of financial Canada
security and stability. Many people consider home 76 2001 2006
ownership to be a benchmark of personal success 74 2011
and prosperity. According to the Canada Mortgage 72
and Housing Corporation, homeownership rates have 70
gradually increased since 1996.xliv 68
66
Homeownership in the Windsor (CMA) ranks very well 64
when compared to the province and country with rates 62
at 73.1, 71.4 and 69 percent respectively.xlv The local 60
homeownership rate has declined slightly from a high from
74.3 percent in 2006, may be due to the impact of the 58 1996
economic downturn.
Source: Canada Mortgage and Housing Corporation (2013).
Canadian Housing Observer data tables. Homeownership
Market. (Accessed on 2015-03-19)
Shelter affordability Chart 36: P ercent owner/tenant households spending more than 30
percent of income on housing, 2011, by WEC municipality
Unfortunately for many, the dream of homeownership is
out of reach, and simply keeping a roof over ones heads WINDSOR
is a challenge. Given our region’s economic challenges
and high unemployment rate, the fact that a portion 27.5%
of our population struggles to afford housing is not
surprising. The City of Windsor has the highest rate in the LASALLE TECUMSEH LAKESHORE
region, with 27.5 percent of households spending more
than 30 percent of their income on shelter. Leamington 14.9% 13.5% 16.3%
follows just behind Windsor at 25.1 percent of their
residents needing to dedicate one third of their income AMHERSTBURG ESSEX KINGSVILLE LEAMINGTON
towards housing. Other municipalities are comparably
more affordable, with the bedroom communities of 19.1% 19% 18.8% 25.1%
LaSalle and Tecumseh having the lowest rates.
Source: 2011 National Household Survey.
Calculated from Community Shelter
Cost Data. (Accessed on 2015-01-22)
The 2015 Community Well-Being Report
Housing
Homeownership Chart 35: H omeownership Rates, Windsor Windsor
(CMA), Ontario, Canada Ontario
Homeownership is one of the pinnacles of financial Canada
security and stability. Many people consider home 76 2001 2006
ownership to be a benchmark of personal success 74 2011
and prosperity. According to the Canada Mortgage 72
and Housing Corporation, homeownership rates have 70
gradually increased since 1996.xliv 68
66
Homeownership in the Windsor (CMA) ranks very well 64
when compared to the province and country with rates 62
at 73.1, 71.4 and 69 percent respectively.xlv The local 60
homeownership rate has declined slightly from a high from
74.3 percent in 2006, may be due to the impact of the 58 1996
economic downturn.
Source: Canada Mortgage and Housing Corporation (2013).
Canadian Housing Observer data tables. Homeownership
Market. (Accessed on 2015-03-19)
Shelter affordability Chart 36: P ercent owner/tenant households spending more than 30
percent of income on housing, 2011, by WEC municipality
Unfortunately for many, the dream of homeownership is
out of reach, and simply keeping a roof over ones heads WINDSOR
is a challenge. Given our region’s economic challenges
and high unemployment rate, the fact that a portion 27.5%
of our population struggles to afford housing is not
surprising. The City of Windsor has the highest rate in the LASALLE TECUMSEH LAKESHORE
region, with 27.5 percent of households spending more
than 30 percent of their income on shelter. Leamington 14.9% 13.5% 16.3%
follows just behind Windsor at 25.1 percent of their
residents needing to dedicate one third of their income AMHERSTBURG ESSEX KINGSVILLE LEAMINGTON
towards housing. Other municipalities are comparably
more affordable, with the bedroom communities of 19.1% 19% 18.8% 25.1%
LaSalle and Tecumseh having the lowest rates.
Source: 2011 National Household Survey.
Calculated from Community Shelter
Cost Data. (Accessed on 2015-01-22)
The 2015 Community Well-Being Report
