Abstract

Walenstadt is a highly sought-after residential area. In the last 3 years, the number of residents has changed to 5852, which corresponds to a population change of 2.16%.

Demographics

The average yearly income level is CHF 67’515. 45.65% of the population have an SEK II qualification, and 20.7% have a higher vocational education qualification. 13.05% are university graduates and 20.62% of residents are currently in compulsory schooling. According to the data, this is a region with high social standards and an educated population. The current unemployment rate is 0.7%.

Taxes

The tax rate for the residential region is 11.17%. It differs from person to person and is based on factors such as specific income, marital status and the amount of deductions. In Walenstadt, the rate of taxation for unmarried people without children is 15.99%. A married couple on a pension (over 65) pays an average of 14.31%, a married couple with two children 7.12% and a couple with no children 10.53%.

New construction

With a total of 3280 apartments, more living space has changed in Walenstadt over the past 5 years. 19 of the newly built apartments are 2-room apartments. With 62 new 3-room apartments and 64 4-room apartments, the area is particularly attractive for families. In addition, there are 21 5-room apartments and 8 apartments with a minimum of 6 rooms to choose from.

Housing stock

Walenstadt now has a total of 3280 apartments, following further expansion of the local housing supply thanks to the construction of new dwellings. The number of 1-room apartments totals 164. In terms of medium-sized to large apartments, the housing supply includes 419 apartments with 2 rooms, 760 3-room apartments and 887 with 4 rooms. Finally, 624 5-room apartments and 426 spacious apartments with 6 or more rooms are available on the market.

Empty apartments

The percentage of vacant apartments in Walenstadt is 0.18%. This means that 0% of the 1-room apartments, 0.24% of apartments with 2 rooms, 0.4% of 3-room apartments, 0.23% of 4-room apartments and 0% of the 5-room apartments are presently empty. The vacancy rate for apartments with more than 5 rooms is 0%; 0% of those vacant properties are apartments with at least 6 rooms.

Property market (rental only)

An average of CHF 1500 is needed to rent a flat. 25% of all available rents are below a monthly rent of CHF 1180, or they are equivalent to this amount (25th percentile). The 75th percentile of monthly rents is CHF 1775.