Synopsis

Over the past 3 years, the number of residents in Novazzano has remained stable at 2344; there has been neither a decrease nor a rise in population.

Population data

The average income level is CHF 77’195. 52.58% of the population have an SEK II qualification, and 10.43% have a higher vocational training qualification. 15.04% are university graduates and 21.9% of residents are currently enrolled in compulsory schooling. The area is characterised by high social standards and an educated population. At present, 1.02% of the population is unemployed.

Taxes

The tax percentage is 10.31%. The actual percentage of tax paid differs from person to person and is based on factors including actual income, marital status and the total amount of deductions. The tax burden for a childless, single person in Novazzano is 15.47%. On average, a married couple on a pension (over 65) pays 14.21%, a married couple with two children 5.66% and a couple without children 9.01%.

New builds

Housing has changed by 40 in Novazzano over the last 5 years. One-room apartments account for 0 of the newly constructed apartments – an excellent option for people living alone. The number of newly constructed 2-room apartments totals 11. Additionally, 7 3-room apartments and 19 4-room apartments have been added to the local housing stock in recent years. 2 5-room apartments and 1 6+ room apartment were also newly constructed.

Housing stock

Newly built dwellings have further increased the housing supply in the region, so that there are now a total of 1325 apartments in Novazzano. A total of 19 1-room apartments are available on the market. In addition, there are 166 apartments with 2 rooms, 295 apartments with 3 rooms and 584 apartments with 4 rooms. The stock of very spacious properties with 5 rooms includes 167 apartments, and there are 94 apartments with at least 6 rooms.

Unoccupied apartments

There is a 2.47% vacancy rate in Novazzano. This means that 4.32% of the 2-room apartments, 3.13% of apartments with 3 rooms and 2.11% of the 4-room apartments are currently uninhabited. The vacancy rate is 0.61% for apartments with more than 5 rooms and 0% for apartments with more than 6 rooms.

Housing market (letting only)

Rent prices for rental properties are, on average, around CHF 1380 per month. 25% of the available rents are less than or equivalent to a monthly rent of CHF 1150 (25th percentile). Monthly rents are below CHF 1602 (75th percentile), or they are equal to this average price.