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Additional information

Summary

The population of Wegenstetten has declined by 3.17% over the last 3 years, to 1,007 inhabitants.

Population statistics

The average annual income level is CHF 73,480.

In the region, 7.78% of the population hold a university degree, 19.32% of residents have completed higher vocational education, 56.87% have an SEK II qualification (school-leaving certificate or apprenticeship) and 16.04% are currently in compulsory education.

The unemployment rate is 0.7%.

Taxes

Overall, the tax rate in the region is 12.36%. The individual proportion of tax actually paid varies and depends on aspects including specific income, marital status, the total amount of deductions and so on.

The rate of taxation for a childless, single person in Wegenstetten is 17.19%. On average, a retired couple (over 65) pays 15.44%, a married couple with two children 8.6% and a couple with no children 11.31%.

The property market overall

New builds

In the past 5 years, 14 new apartments have been built in Wegenstetten.

One of the new residential units was a 2-room apartment.

In addition, 2 3-room apartments and 3 4-room apartments have been constructed.

The available housing stock was also expanded to include 5 5-room apartments and 3 apartments with at least 6 rooms.

Wegenstetten is a desirable residential area, particularly for families.

Housing stock

The new buildings are helping to ensure the continued growth of the region's housing stock, which totals 494 apartments in Wegenstetten.

In terms of 1-room apartments, a total of 1 property are on the market.

Additionally, there are 24 apartments with 2 rooms, 92 apartments with 3 rooms and 125 apartments with a full 4 rooms.

A total of 157 5-room apartments and 95 spacious apartments with at least 6 rooms are also available in the area.

Vacant apartments

There is a 2.03% vacancy rate in Wegenstetten.

Consequently, 4.17% of the 2-room apartments,

1.09% of the apartments with 3 rooms,

1.6% of all 4-room apartments

and 0.64% of apartments with 5 rooms are presently uninhabited.

The vacancy rate for apartments with more than 5 rooms is 2.39%; 5.26% of those empty properties are apartments with a minimum of 6 rooms.

Property market (rental only)

Rents for rental properties are, on average, about CHF 1,450 per month.

In terms of the rents on offer, a quarter of them are equal to or cheaper than a monthly rent of CHF 1,285.

Monthly rents are below CHF 1,650 (75th percentile), or they are equivalent to this average price.