Housing Needs

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is currently delivering housing to meet the • Nearly three-quarters of renter households earn less than $60,000 community’s needs. annually, with only 7% earning more than $100,000 annually. The inverse is true for owners. • The availability of homes at pricing levels affordable to moderate income households (i.e., 4th-6th income decile and the focus of this report) are limited in the marketplace. • Affordable purchase price thresholds for moderate income households range from approximately $248,000 to $367,000. • Affordable rent thresholds for moderate-income rental households range from about $1,200 to $1,700 per month in Collingwood. 7

housing_needs_assessment_2023#p7.1

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