Overview

The District of Olten is an area that is becoming increasingly popular with residents. In the last 3 years, the number of residents has changed to 58’036 inhabitants, which equates to a population change of 3.43%.

Demographic data

Average income totals CHF 69’700. 16.09% of the population have a university degree, 16.27% have completed higher vocational training, 44.96% have an SEK II qualification (school-leaving certificate or apprenticeship), 22.6% of residents are currently in compulsory education and 0.07% of the population did not indicate their highest educational qualification. The residential area is prestigious due to its high social standards and educated population. Approximately 1.46% of the population is currently unemployed.

Taxes

The total rate of taxation in the region is 13.52%. Factors such as income, marital status and the amount of deductions are used to calculate the tax rate. In the District of Olten, a married couple on a pension (over 65) pays an average of 17.04% tax, a married couple with two children 9.07% and a childless couple 12.92%. The tax burden for a childless, single person is 18.83%.

New construction

With a total of 29’778 apartments, the District of Olten has seen new housing constructed over the past 5 years. Of these new apartments, a total of 17 apartments have exactly one room to live in. In addition to apartments that had already been built, 209 new 2-room apartments have been created. Additionally, 287 3-room apartments and 253 4-room apartments have been built. Furthermore, the number of large apartments on offer includes 121 5-room apartments and 87 apartments with a minimum of 6 rooms.

Housing stock

Thanks to the newly built dwellings, the housing stock in the District of Olten has expanded and there are now a total of 29’778 apartments. One-room properties make up a total of 1276 apartments in the region. In terms of medium-sized to large apartments, the housing supply comprises 3522 apartments with 2 rooms, 7926 3-room apartments and 8779 with 4 rooms. Finally, the stock of 5-room properties includes 5188 apartments, and there are also 3087 large apartments with a minimum of 6 rooms.

Vacant apartments

The 3.41% of apartments in the District of Olten are empty. Of this figure, 5.8% of 1-room apartments, 4.38% of apartments with 2 rooms, 4.64% of the 3-room apartments, 3.01% of all 4-room apartments and 1.91% of the 5-room apartments are presently unoccupied. The rate of vacancy is 1.86% for apartments with more than 5 rooms and 1.78% for apartments with more than 6 rooms.

Housing market (rental only)

The average rent for rental properties is CHF 1406 per month. 25% of all available rents are below a monthly rent of CHF 1200, or they are equal to this amount (25th percentile). Finally, 75% of monthly rents are lower than CHF 1650, or are equivalent to this amount.