Abstract

Balsthal has changed by 4.69% in the last 3 years, to 6501 inhabitants.

Population statistics

The 66’485 CHF. 10% of the population have a university degree, 15.86% have completed higher vocational training, 46.75% have an SEK II qualification (school-leaving certificate or apprenticeship), 27.41% of residents are currently in compulsory education and 0% of the population provided no information on their highest level of education. Consequently, the region has high social standards. The overall unemployment rate is 1.51%.

Taxes

Overall, the tax rate in the area is 14.27%. The individual percentage of tax actually paid will vary and is determined by factors such as current income, marital status, the total amount of deductions and so on. In Balsthal, the tax burden is 19.86% for an unmarried person with no children. On average, a married couple on a pension (over 65) pay 17.95%, a married couple with two children 9.59% and a couple with no children 13.66%.

New construction

Over the past 5 years, 148 apartments have been created in Balsthal. Of these newly constructed apartments, 25 have 2 rooms. Living space for families has also been constructed: For example, 21 apartments with 3 rooms and 40 4-room apartments were added to the local housing stock. Furthermore, the number of large apartments available includes 50 5-room apartments and 12 apartments with at least 6 rooms.

Housing stock

New builds have additionally increased the housing stock in the area, so that there are now a total of 3215 apartments in Balsthal. A total of 159 1-room apartments are available on the housing market. In addition, there are 325 apartments with 2 rooms, 737 apartments with 3 rooms and 964 apartments with 4 rooms. Finally, the stock of 5-room properties comprises 634 apartments, and there are also 396 large apartments with at least 6 rooms.

Unoccupied apartments

The 3.18% of apartments in Balsthal are empty. Of this number, 5.03% of 1-room apartments, 3.38% of apartments with 2 rooms, 4.35% of the apartments with 3 rooms, 3.53% of 4-room apartments and 2.05% of all 5-room apartments are currently uninhabited. The vacancy rate for apartments with more than 5 rooms is 1.65%; 1.01% of those vacant properties are apartments with at least 6 rooms.

Property market (rental only)

The average rent for a property in the region is CHF 1300. Consequently, 25% of all rents on the market are lower than or equal to a monthly rent of CHF 1100 (25th percentile). And 75% of monthly rents are cheaper than or equivalent to CHF 1550 (75th percentile).