Summary

The number of residents in Olten has changed by 1.18%, to 18’715, in the past 3 years as a result of population decline.

Demographics

The average annual income level is CHF 70’290. 38.99% of the population have an SEK II qualification, and 13.89% have a higher vocational education qualification. 28.1% are university graduates and 19.02% of residents are currently enrolled in compulsory schooling. 1.66% of the population is currently unemployed.

Taxes

The area has an overall tax rate of 13.44%. The actual share of tax paid varies from person to person and depends on factors including current income, marital status, the overall level of deductions and the like. Retired, married couples (over 65) pay an average of 16.93% tax in Olten, couples with two children 9.03% and married couples without children 12.85%. The tax burden for a childless, single person is 18.66%.

New construction

The housing available in Olten has changed by 125 apartments over the last 5 years. A total of 0 1-room apartments have been constructed. 16 of the new builds are also 2-room apartments. For families searching for a new home, the 41 apartments and the 47 4-room apartments are of particular interest. Furthermore, the number of spacious apartments on offer includes 15 5-room apartments and 6 apartments with at least 6 rooms.

Housing stock

As a result of new construction, the housing stock in Olten has changed, and there are now a total of 10’922 apartments. In terms of 1-room apartments, a total of 821 properties are available. There are also 1608 apartments with 2 rooms, 3815 apartments with 3 rooms and 3059 4-room apartments. Finally, the supply of 5-room properties comprises 1038 apartments, and there are also 581 large apartments with a minimum of 6 rooms.

Empty apartments

The rate of unoccupied apartments in Olten is 2.45%. Consequently, 4.15% of the 1-room apartments, 2.43% of the apartments with 2 rooms, 3.33% of apartments with 3 rooms, 1.83% of apartments with 4 rooms and 0.87% of all 5-room apartments are presently uninhabited. Apartments with more than 5 rooms have a vacancy rate of 0.68%; of that total, 0.34% are apartments with more than 6 rooms.

Housing market (rental only)

On average, the rent for rental properties is CHF 1400 per month. 25% of all rents on offer are below a monthly rent of CHF 1190, or they are equivalent to this amount (25th percentile). Finally, 75% of monthly rents are less than CHF 1670, or are equal to this amount.