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Abstract
The District of Zurich is an attractive residential area. The population has risen by 1.79% in the last 3 years, to a total of 427,721 inhabitants.
Population data
Average income is CHF 87,515.
15.98% of residents are currently enrolled in compulsory education, 30.8% have an SEK II qualification, 11.17% have a higher vocational education qualification and 42.05% of the population hold a university degree.
The total unemployment rate is 1.04%.
Taxes
The residential region has an overall tax burden of 10.99%. The actual share of tax paid varies from person to person and is based on factors such as current income, marital status, the amount of deductions and the like.
On average, a retired couple pays 14.45% and a married couple without children pays 10.08%. Married couples with two children pay an average of 6.87% and the tax percentage for an unmarried person with no children is 15.46%.
The property market in general
New buildings
Over the past 5 years, the number of newly constructed apartments in the District of Zurich has grown steadily. A total of 11,704 new apartments have been built.
One-room apartments comprise 1,072 of the newly constructed apartments – ideal for singles.
More 2-room apartments have also been created; 3,368 apartments of this size were added in total.
3,871 3-room apartments and 2,699 apartments with 4 rooms were also built.
For people looking for more living space, 567 5-room apartments and 127 apartments with at least 6 rooms have been created.
Housing stock
The newly built dwellings have contributed to the continued growth of the local housing supply; there are now 232,937 apartments in the District of Zurich.
As for 1-room apartments, a total of 27,732 properties are available.
There are also 54,203 apartments with 2 rooms, 82,472 apartments with 3 rooms and 48,855 apartments with 4 rooms.
The supply of very large properties with 5 rooms comprises 13,534 apartments, and there are 6,141 apartments with 6 rooms or more.
Unoccupied apartments
In the District of Zurich, 0.06% of apartments are uninhabited.
Consequently, 0.11% of the 1-room apartments,
0.06% of all 2-room apartments,
0.05% of the 3-room apartments,
0.04% of 4-room apartments
and 0.1% of the 5-room apartments are currently empty.
Apartments with more than 5 rooms have a vacancy rate of 0.13%; of that number, 0.2% are apartments with more than 6 rooms.
Property market (rental only)
An average of CHF 1,980 is required to rent a property.
A quarter of rents are lower than or equal to a monthly rent of CHF 1,550 (25th percentile).
In addition, 75% of all monthly rents are less than or equivalent to CHF 2,540.
Cities of Region Zurich (Zürich)
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