In 2018, 46% of permanent residents spent more than 30% of their before tax income on housing costs. Over half of those spend more than 40% of their before tax income on housing costs. There was no statistical change from 2017 to 2018.
Why Monitor This
Whistler has prioritized resident housing as an important strategy to remain a vibrant resort community and to maintain a strong local workforce. Housing costs are a significant in determining whether local employees choose to live in the community. The proportion of gross income spent on housing is a standard measure of housing affordability.
What This Measures
This indicator measures the proportion of residents spending more than 30% of their gross annual income on housing. Housing costs include rent or mortgage payments, water, energy and taxes minus any rental income per year.