Abstract

The number of inhabitants in Faido has changed by -2.48%, to 2753, in the past 3 years as a result of population decline.

Population statistics

On average, residents earn CHF 55’305 per year. A total of 11.34% of the population have a university degree, 13.12% have completed higher vocational education, 53.23% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 22.27% of residents are currently enrolled in compulsory schooling. The area is highly regarded thanks to its high social standards and educated population. Approximately 0.62% of the population is presently unemployed.

Taxes

Overall, the tax percentage in the region is 11.76%. The individual share of tax actually paid varies and is based on factors including specific income, marital status, the amount of deductions and so on. In Faido, the tax rate for childless, unmarried individuals is 17.64%. A married couple on a pension (over 65) pays an average of 16.16%, a married couple with two children 6.49% and a couple with no children 10.3%.

New construction

The housing stock has changed by 27 in Faido over the last 5 years. Of the newly constructed homes, 8 are 3-room apartments and 5 are 4-room apartments. 6 apartments with 5 rooms and 8 apartments with 6 or more rooms have been added to the supply of housing available locally. In view of the large number of spacious apartments in Faido, it is certainly an appealing location for families.

Housing stock

New construction has further expanded the pool of available housing in the region, so that there are now a total of 3946 apartments in Faido. The number of 1-room apartments in the overall housing stock is 97. Additionally, there are 609 apartments with 2 rooms, 1406 apartments with 3 rooms and 1155 4-room apartments. Overall, there are 452 5-room apartments and 227 large apartments with 6 or more rooms.

Empty apartments

The vacancy rate in Faido is 0.9%. Consequently, 1.04% of the 1-room apartments, 0.83% of all apartments with 2 rooms, 0.79% of all 3-room apartments, 0.96% of the 4-room apartments and 1.12% of 5-room apartments are unoccupied. The vacancy rate for apartments with more than 5 rooms is 1.04%; 0.89% of those vacant properties are apartments with a minimum of 6 rooms.

Housing market (rental only)

Rental properties are offered at an average price of CHF 1050 per month. In terms of the rents on offer, a quarter of them are equal to or lower than a monthly rent of CHF 850. Finally, 75% of monthly rents are cheaper than CHF 1250, or are equivalent to this amount.