Howick
Consumer Proposal & Debt Relief Experts Near You
Howick, debt relief, Ontario
Howick, Ontario, is a small community with a population of around 4,045, featuring scenic landscapes and a close-knit atmosphere. Challenges arise from financial pressures on working adults supporting dependents, high unemployment rates, and job competition. Many residents struggle with debt relief due to rising living costs and insufficient income, impacting their ability to cover essentials.
City: Howick
Province/Territory: Ontario (ON), Canada
Est. Population: 3,873
Financial Challenges
Many people in Howick, Ontario, who have money problems find it hard because there are a lot of children and older adults who need support. With nearly a quarter of the population under 14 and more than 16% over 65, the working adults have to take care of many dependents. Single parents and individuals living alone also face extra financial pressure, making it tough to pay for things like rent, bills, and groceries.
The job situation in Howick adds to the challenges. The unemployment rate in Ontario is going up, which means fewer people have jobs and it’s harder to find work. Even though prices might go down a bit, they could go up again, making everyday items more expensive. There are more people moving to the area than there are new jobs available, so competition for jobs is strong and many people might not earn enough money to cover their expenses.
Debt Relief Solutions Available
Financial Planning
Financial planning means making a smart plan for your money. It helps you budget, set goals, and save for the future. With a plan in place, you can feel more in control of your money and avoid falling into debt again.
Find out more about Financial PlanningDebt Management Plan
A Debt Management Plan, or DMP, helps you pay back what you owe in one simple monthly payment. A credit expert talks to your creditors to lower your interest and make the debt easier to handle.
Find out more about Debt ManagementDebt Consolidation
Debt consolidation means putting all your debts—like credit cards and loans—into one new loan. This new loan usually has a lower interest rate, which can help you save money and pay off your debt faster.
Find out more about Debt ConsolidationDebt Settlement
Debt settlement means offering less than the full amount you owe to clear your debt. Creditors may accept it because they get paid quickly. A debt settlement company usually helps with this process.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legal deal between you and the people you owe. You agree to pay back part of your debt in smaller monthly payments. A Licensed Insolvency Trustee helps make the plan and talks to your creditors for you.
Find out more about Consumer ProposalsBankruptcy
Bankruptcy is a legal way to clear most of your debts if you can’t pay them back. It gives you a fresh start, but it can also hurt your credit score for several years.
Find out more about Bankruptcy
*Illustration of Howick, Ontario
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
Item | Description | Estimated |
---|---|---|
Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 1,820 |
Living in poverty | Number of residents who are living in poverty | 430 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 42 |
Insolvencies | Number of residents who filed for insolvency | 10 |
Consumer proposal | Number of residents who filed for a consumer proposal | 7 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 2 |
The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!
Areas / Neighbourhoods
Gorrie
A quaint community in Howick, Gorrie is known for its tight-knit atmosphere and beautiful rural landscapes. The area features charming heritage homes and an array of local events that foster community spirit.Fordwich
Nestled along the Maitland River, Fordwich is a small village that offers picturesque scenery, making it popular among those who enjoy outdoor activities such as fishing and hiking. The community embraces its historical roots with events and local gatherings.Howick Centre
The central hub of the township, Howick Centre features key amenities, schools, and recreational facilities. This area is conveniently located for families and residents seeking access to essential services while still enjoying a suburban feel.Belgrave
A charming village known for its agricultural roots, Belgrave is characterized by its friendly community and local festivals. The area fosters a strong connection to nature, with ample opportunities for outdoor recreation.Wroxeter
This small village is appreciated for its serene environment and local charm. Wroxeter has several parks and a close-knit community, making it an attractive area for families and retirees looking for quiet living.Milverton
Located at the edge of Howick, Milverton offers a blend of rural charm and modern convenience. This growing community features local businesses, schools, and family-oriented activities, providing a vibrant environment for residents.

Illustration of Howick, Ontario, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Howick, Canada to help understand the financial requirements for different living situations.
Item | Description | Average Cost |
---|---|---|
Housing (1BR) | Monthly rent for a 1-bedroom apartment | $2,400 |
Housing (2BR) | Monthly rent for a 2-bedroom apartment | $3,000 |
Average Home Price | Average price to purchase a home | $885,000 |
Utilities | Monthly cost for electricity, heating, water, and garbage | $145 |
Food (Single) | Monthly grocery cost for a single person | $350 |
Food (Family) | Monthly grocery cost for a family of four | $1,000 |
Healthcare (Rx) | Monthly cost for prescription medications | $35 |
Healthcare (Dental) | Monthly cost for dental care | $200 |
Healthcare (Vision) | Monthly cost for vision care | $225 |
Transportation (Public) | Monthly cost for public transit | $2,400 |
Transportation (Car) | Monthly cost for car ownership | $650 |
Childcare (Daycare) | Monthly cost for daycare | $1,250 |
Childcare (After-School) | Monthly cost for after-school programs | $400 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the average cost of living in Howick, Ontario?
- How does the cost of housing in Howick compare to nearby cities?
- What are the primary sources of income for residents of Howick?
- How has the economic outlook for Howick changed in recent years?
- What financial challenges do residents of Howick face?
- Are there any financial assistance programs available for residents in Howick?
- What is the unemployment rate in Howick, Ontario?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Howick is a small, rural community located in Ontario, Canada, known for its scenic landscapes and a friendly, close-knit atmosphere. With a population of around 4,045 people and an average age of about 37.4 years, it combines young families, bustling youth, and a growing number of senior residents. The town is surrounded by beautiful farmlands and natural spaces, making it a lovely spot for outdoor activities like hiking and cycling. Residents often enjoy community events that bring people together, and there is a blend of local businesses and farms that contribute to its charm. The area provides a tranquil lifestyle, making it attractive for those looking to escape the hustle and bustle of city life.
Eliminate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!