Owen Sound Resident's Ability to Pay High Taxes

To date the ability for residents to fund municipal operations has not been a consideration when setting the annual budget. Owen Sound’s residents are the poorest among the comparators. The median household income for Cobourg, a municipality nearly identical to Owen Sound, is very close to the average of $69,500 while Owen Sound’s median household income of only $57.600 is well below other municipalities. Median is the Middle value separating the greater and lesser halves of a data set, i.e. half of our population is living on less than $57,000 per household. Although most of these households are renters, landlords pass on their tax expense to their tenants in higher rents.

Read Why Owen Sound Taxes Present a Burden to Some Taxpayers!