Synopsis

The number of residents in Zermatt has changed by 3.49%, to 6023, over the past 3 years as a result of population decline.

Demographics

Average income totals CHF 69’450. 15.69% of the population have a university degree, 15.93% have a higher vocational training qualification, 41.98% of the population have a school-leaving certificate or have completed a vocational apprenticeship and 26.38% of residents are completing compulsory education. Consequently, this residential area has high social standards and an educated population. The unemployment rate is 0.63%.

Taxes

The tax rate is 12.03%. The actual amount of tax paid differs from person to person and is based on aspects such as current income, marital status and the amount of deductions. In Zermatt, for example, a retired couple (over 65) pays an average of 16.46% tax, a married couple with two children 6.2% and a couple with no children 11%. The tax percentage for a single person with no children is 19%.

New construction

The 186 new apartments have been constructed in Zermatt in the last 5 years. Of these newly built apartments, 31 are 1-room apartments, which are ideal for people living alone. The number of newly constructed 2-room apartments amounts to 45. Additionally, 47 3-room apartments and 41 4-room apartments have been built. 13 apartments with 5 rooms and 9 apartments with 6 or more rooms have been added to the local housing stock.

Housing stock

Thanks to the construction of new dwellings, the amount of housing available in Zermatt has changed, and there are now a total of 7659 apartments. The number of 1-room apartments is 2412. In addition, there are 1629 apartments with 2 rooms, 1837 apartments with 3 rooms and 1287 apartments with 4 rooms. A total of 321 5-room apartments and 173 spacious apartments with a minimum of 6 rooms are also available in the area.

Empty apartments

The percentage of vacant apartments in Zermatt is 0.42%. This means that 0.08% of the 1-room apartments, 0.49% of the 2-room apartments, 0.6% of the apartments with 3 rooms, 0.55% of apartments with 4 rooms and 0.31% of apartments with 5 rooms are presently vacant. Apartments with more than 5 rooms have a vacancy rate of 0.81%; 1.74% of this total applies to apartments with more than 6 rooms.

Property market (rental only)

The average rent price for rental properties is CHF 2030 per month. In terms of the rents on the market, a quarter of them are equivalent to or cheaper than a monthly rent of CHF 1445. Monthly rents are less than CHF 2500 (75th percentile), or they are equal to this average price.