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Synopsis

The number of inhabitants in Morbio Inferiore has fallen by 3.23%, to 4,371, in the last 3 years due to population decline.

Demographic data

On average, residents earn CHF 70,960 annually.

15.89% of the population are university graduates, 9.43% have a higher vocational education qualification, 49.09% have an SEK II qualification (school-leaving certificate or apprenticeship) and 25.57% are currently enrolled in compulsory education.

Consequently, the region has high social standards.

Currently, 1.19% of the population is unemployed.

Taxes

Overall, the tax burden in the area is 11.8%. The individual share of tax actually paid will vary and is determined by factors such as specific income, marital status, the overall level of deductions and the like.

In Morbio Inferiore, the tax rate is 17.38% for a childless, single person. On average, a retired couple (over 65) pay 16.04%, a married couple with two children 6.7% and a couple without children 10.42%%.

The property market overall

New builds

Over the past 5 years, 53 new apartments have been created in Morbio Inferiore.

One of the new apartments has one room, which is particularly suitable for singles.

Alongside the existing apartments, 5 new 2-room apartments have been constructed.

12 new apartments with 3 rooms and 19 apartments with 4 rooms were also built in the area.

For people seeking more spacious housing, 10 5-room apartments and 6 apartments with a minimum of 6 rooms have been built.

The many large apartments in Morbio Inferiore are evidence that this location is particularly attractive for families.

Housing stock

Morbio Inferiore now has a total of 2,381 apartments, following further expansion of the pool of local housing thanks to new construction.

The number of 1-room apartments in the overall housing stock is 60.

Additionally, there are 216 apartments with 2 rooms, 574 apartments with 3 rooms and 907 4-room apartments.

Finally, 357 5-room apartments and 267 spacious apartments with a minimum of 6 rooms are available on the market.

Vacant apartments

The vacancy rate in Morbio Inferiore is 5.55%.

This means that 15% of the 1-room apartments,

8.41% of the apartments with 2 rooms,

8.26% of the 3-room apartments,

4.78% of apartments with 4 rooms

and 1.98% of 5-room apartments are empty.

The rate of vacancy is 2.26% for apartments with more than 5 rooms and 2.64% for apartments with more than 6 rooms.

Housing market (letting only)

The average rental price for flats in the region is CHF 1,270.

25% of the available rents are lower than or equal to a monthly rent of CHF 1,050 (25th percentile).

And 75% of monthly rents are less than or equivalent to CHF 1,460 (75th percentile).