Abstract

In the last 3 years, the population of the attractive Constituency Werdenberg has changed by 5.52%, to 42’201.

Demographics

The average yearly income level is CHF 65’030. 16.88% of residents hold a university degree, 16.17% have completed higher vocational training and 45.18% have an SEK II qualification. Additionally, 21.77% of residents are currently enrolled in school. According to the data, this region has high social standards and an educated population. The current unemployment rate stands at 0.95%.

Taxes

Overall, the tax burden in the area is 11.23%. The individual share of tax actually paid varies and is determined by aspects such as current income, marital status, the total amount of deductions and so on. A married couple on a pension in the Constituency Werdenberg pays an average of 14.39%, a married couple with two children 7.17% and married couples with no children 10.59%. The tax rate for an unmarried person with no children is 16.08%.

New builds

Additional living space has been created in the Constituency Werdenberg within the past 5 years; 1277 new apartments were built, for instance. Of these newly built apartments, 60 are 1-room apartments, which are particularly suitable for singles. The number of new 2-room apartments totals 295. 330 apartments with 3 rooms and 386 4-room apartments were also added. Funds were also invested in more spacious apartments: 126 5-room apartments were constructed, providing plenty of room for families; 80 apartments with a minimum of 6 rooms were also built.

Housing stock

Thanks to the newly constructed buildings, the supply of housing in the Constituency Werdenberg has expanded and there are now a total of 20’854 apartments. There are 861 1-room apartments on the housing market. What's more, there are 2948 apartments with 2 rooms, 4397 apartments with 3 rooms and 5464 apartments with a full 4 rooms. The 5-room apartments also make up a total of 3974 properties, while the apartments with 6 rooms or more account for 3210.

Vacant apartments

In the Constituency Werdenberg, there is a 1.13% vacancy rate for apartments. This means that 4.21% of the 1-room apartments, 1.09% of all 2-room apartments, 1.17% of apartments with 3 rooms, 1.12% of 4-room apartments and 0.68% of apartments with 5 rooms are presently unoccupied. The rate of vacancy is 0.77% for apartments with more than 5 rooms and 0.88% for apartments with more than 6 rooms.

Property market (letting only)

An average of CHF 1480 is required to rent a flat. Consequently, 25% of all rents on the market are lower than or equal to a monthly rent of CHF 1250 (25th percentile). And 75% of monthly rents are less than or equivalent to CHF 1770 (75th percentile).