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Summary

Mägenwil has grown by 3.34% over the past 3 years, to 2,194 inhabitants.

Demographics

The average yearly income level is CHF 73,870.

11.26%% of the population have a university degree, 22.22% have completed higher vocational education, 44.87% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 21.72% of residents are currently completing compulsory schooling.

The total unemployment rate is 1.64%.

Taxes

The total tax burden in the area is 12.13%. Aspects such as income, marital status and the amount of deductions are used to calculate the tax rate.

In Mägenwil, the rate of taxation is 16.89% for a childless, unmarried person. On average, a married couple on a pension (over 65) pay 15.17%, a married couple with two children 8.43% and a couple without children 11.1%%.

The overall property market

New builds

More living space has been built in Mägenwil in the last 5 years. For instance, 41 new apartments have been constructed.

One of the new apartments is a one-room apartment, which is particularly suitable for people living alone.

Additional 2-room apartments have also been created; 7 apartments of this type were added in total.

For families searching for a new home, the 6 apartments and the 7 4-room apartments are particularly attractive.

The newly built accommodation includes 17 5-room apartments and 3 apartments with at least 6 rooms.

Housing stock

The new builds have created more housing in the region. There are a total of 941 apartments in Mägenwil.

One-room properties account for a total of 28 apartments in the area.

In addition, there are 84 apartments with 2 rooms, 173 apartments with 3 rooms and 220 4-room apartments.

Finally, 300 5-room apartments and 136 spacious apartments with 6 or more rooms are available in the region.

Empty apartments

The rate of vacant apartments in Mägenwil is 0.11%.

Currently, 1.19% of the 2-room apartments are uninhabited.

Housing market (letting only)

The average rent for a property in the region is CHF 1,550.

25% of the rents on offer are cheaper than or equivalent to a monthly rent of CHF 1,380 (25th percentile).

Monthly rents are less than CHF 1,710 (75th percentile), or they are equal to this average price.