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Overview

The number of residents in Torricella-Taverne has fallen by 0.77%, to 3,080, over the last 3 years as a result of population decline.

Demographics

Average income is CHF 66,680.

12.97% of the population hold a university degree, 14.27% have a higher vocational education qualification, 46.4% of the population have a school-leaving certificate or finished a vocational apprenticeship and 26.32% of residents are enrolled in compulsory schooling.

Consequently, this is a residential area with high social standards and an educated population.

The unemployment rate currently stands at 1.23%.

Taxes

11.74% is the tax rate in the region. However, the individual tax burden varies from person to person and is determined by income, marital status and the total amount of deductions, among other factors.

The rate of taxation for an unmarried person with no children in Torricella-Taverne is 17.31%. A married couple on a pension (over 65) pays an average of 15.97%, a married couple with two children 6.67% and a couple without children 10.37%.

The property market overall

New builds

Torricella-Taverne has recorded the construction of 62 new apartments in the past 5 years.

The number of newly constructed 2-room apartments amounts to 8 residential units.

A total of 24 new 3-room apartments and 21 4-room apartments were built.

Furthermore, the number of large apartments on offer includes 7 5-room apartments and 2 apartments with a minimum of 6 rooms.

Housing stock

Due to the construction of new dwellings, the housing stock in Torricella-Taverne has grown, and there are now a total of 1,538 apartments.

One-room properties account for a total of 34 apartments in the area.

In terms of medium-sized to large apartments, the housing supply comprises 325 apartments with 2 rooms, 553 3-room apartments and 283 with 4 rooms.

The supply of very large properties with 5 rooms comprises 283 apartments, and there are 156 apartments with a minimum of 6 rooms.

Vacant apartments

There is a 1.41% vacancy rate in Torricella-Taverne.

Consequently, 2.21% of the 2-room apartments,

2.23% of apartments with 3 rooms and

1.5% of 4-room apartments are presently unoccupied.

Apartments with more than 5 rooms have a vacancy rate of 0.47%; 1.32%% of this total pertains to apartments with more than 6 rooms.

Housing market (rental only)

The average rent for a flat is CHF 1,300.

25% of the rents on the market are lower than or equal to a monthly rent of CHF 1,150 (25th percentile).

The 75th percentile of monthly rents is CHF 1,510.