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Synopsis
Turbenthal is a highly sought-after residential area. In the last 3 years, the population has grown to 5,049, which amounts to a population increase of 3.4%.
Population statistics
The average income is CHF 67,280.
8.96% of the population hold a university degree, 14.9% have a higher vocational training qualification, 51.12% of the population have a school-leaving certificate or have completed a vocational apprenticeship and 25.03% of residents are completing compulsory education.
As a result, the region has high social standards.
0.93% of the population is currently unemployed.
Taxes
Overall, the tax rate in the area is 11.19%. The individual percentage of tax actually paid will vary and depends on factors including specific income, marital status, the amount of deductions and the like.
In Turbenthal, for example, a married couple on a pension (over 65) pays an average of 14.71% tax, a married couple with two children 7.01% and a couple without children 10.27%%. The rate of taxation for a childless, single person is 15.74%.
The property market overall
New construction
Over the past 5 years, 135 new apartments have been constructed in Turbenthal.
For instance, a new 1-room apartment was added to the available housing.
18 of the newly built apartments are also 2-room apartments.
28 new apartments with 3 rooms and 40 apartments with 4 rooms were also built in the area.
The newly built apartments include 40 5-room apartments and 8 apartments with a minimum of 6 rooms.
Housing stock
The new buildings have contributed to a further increase in the housing supply, and there are now 2,326 apartments in Turbenthal.
A total of 80 1-room apartments are available on the market.
Additionally, there are 227 apartments with 2 rooms, 501 apartments with 3 rooms and 674 apartments with 4 rooms.
In total, there are 557 5-room apartments and 287 large apartments with 6 or more rooms.
Empty apartments
The vacancy rate in Turbenthal is 1.85%.
Consequently, 3.75% of the 1-room apartments,
3.08% of all apartments with 2 rooms,
2.4% of apartments with 3 rooms,
1.49% of the apartments with 4 rooms
and 1.26% of apartments with 5 rooms are presently empty.
The vacancy rate for apartments with more than 5 rooms is 1.3%; 1.39% of those unoccupied properties are apartments with at least 6 rooms.
Property market (letting only)
The average rental price for a flat is CHF 1,667.
25% of all rents on the market are below a monthly rent of CHF 1,390, or they are equal to this amount (25th percentile).
In addition, 75% of all monthly rents are lower than or equivalent to CHF 1,930.
ZIP of Turbenthal
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