Abstract

Sion has changed by 4.71% in the last 3 years and now has 36’624 inhabitants.

Demographic data

The average annual income is CHF 64’920. Of the population, 23.38% have a university degree, 7.7% have completed higher vocational education, 40.31% have an SEK II qualification (school-leaving certificate or apprenticeship) and 28.6% of residents are currently completing compulsory schooling. Consequently, this region has high social standards and an educated population. The unemployment rate currently stands at 1.87%.

Taxes

The area has an overall rate of taxation of 12.03%. The actual percentage of tax paid varies from person to person and is based on aspects including specific income, marital status, the overall level of deductions and the like. Retired, married couples (over 65) pay an average of 16.46% tax in Sion, couples with two children 6.2% and couples with no children 11%. The tax burden for an unmarried person with no children is 19%.

New buildings

Sion has recorded the construction of 1272 new apartments over the past 5 years. Of these newly built apartments, 212 are 1-room apartments, which are perfect for people living alone. A total of 379 new 2-room apartments have also been created. 335 new apartments with 3 rooms and 214 apartments with 4 rooms were additionally constructed in the area. Furthermore, the number of large apartments on offer amounts to 96 5-room apartments and 36 apartments with a minimum of 6 rooms.

Housing stock

The new builds have created additional living space in the region. There are a total of 20’723 apartments in Sion. One-room properties account for a total of 1989 apartments in the area. Additionally, there are 3511 apartments with 2 rooms, 5737 apartments with 3 rooms and 6260 apartments with 4 rooms. There are 2262 5-room apartments and 964 large apartments with a minimum of 6 rooms.

Empty apartments

In Sion, 0.84% of apartments are vacant. Consequently, 0.42% of the 1-room apartments, 1.48% of apartments with 2 rooms, 0.98% of all 3-room apartments, 0.53% of apartments with 4 rooms and 1.14% of 5-room apartments are empty. The vacancy rate is 0.8% for apartments with more than 5 rooms and 0% for apartments with more than 6 rooms.

Housing market (rental only)

The average rent price for rental properties is CHF 1370 per month. This means that 25% of all rents on the market are lower than or equivalent to a monthly rent of CHF 1130 (25th percentile). And 75% of monthly rents are less than or equal to CHF 1610 (75th percentile).