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Overview

The number of residents in Le Locle has fallen by 3.47%, to 10,746, in the last 3 years due to population decline.

Demographics

On average, people earn CHF 61,715 annually.

Of the population, 10.48% have a university degree, 9.25% have completed higher vocational education, 44.87% have an SEK II qualification (school-leaving certificate or apprenticeship) and 35.4% of residents are currently enrolled in compulsory schooling.

This means the residential area has high social standards and an educated population.

The total unemployment rate is 1.63%.

Taxes

The total tax rate in the region is 16.23%. The actual amount of tax individuals pay is based on various factors, such as specific income, marital status and the total amount of deductions.

Married couples on a pension (over 65) pay an average of 20.38% tax in Le Locle, married couples with two children 11.28% and couples with no children 15.31%%. The rate of taxation for a single person without children is 21.99%.

The property market overall

New buildings

Le Locle has gained 55 new apartments over the past 5 years.

As for 2-room apartments, 5 properties were newly constructed.

A total of 5 new 3-room apartments and 9 4-room apartments were created.

Furthermore, the number of large apartments available includes 17 5-room apartments and 19 apartments with 6 rooms or more.

Housing stock

As a result of the construction of new dwellings, the housing stock in Le Locle has increased, and there are now a total of 6,659 apartments.

There are a total of 352 1-room apartments in the region.

In terms of medium-sized to large apartments, the housing supply comprises 2,084 apartments with 2 rooms, 1,835 3-room apartments and 895 with 4 rooms.

In total, there are 895 5-room apartments and 602 large apartments with a minimum of 6 rooms.

Unoccupied apartments

The rate of vacant apartments in Le Locle is 4.47%.

Consequently, 4.72% of the 1-room apartments,

6.53% of apartments with 2 rooms,

6.54% of apartments with 3 rooms,

3.91% of all 4-room apartments

and 0.93% of apartments with 5 rooms are presently uninhabited.

The vacancy rate for apartments with more than 5 rooms is 0.97%; 1.04% of those empty properties are apartments with a minimum of 6 rooms.

Property market (rental only)

Rent prices for rental properties are, on average, about CHF 915 per month.

25% of all rents on offer are below a monthly rent of CHF 768, or they are equivalent to this amount (25th percentile).

The 75th percentile of monthly rents is CHF 1,100.