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Abstract

The number of inhabitants in Riniken has increased by 4.66% in the last 3 years, to 1,527 inhabitants.

Demographics

On average, people earn CHF 73,530 per year.

Of the population, 12.43% have a university degree, 20.08% have completed higher vocational training, 45.02% have an SEK II qualification (school-leaving certificate or apprenticeship) and 22.47% of residents are currently completing compulsory schooling.

Consequently, the area has high social standards.

The current unemployment rate is 0.92%.

Taxes

The overall tax percentage is 12.4%. This differs from person to person and is based on income, marital status and the overall level of deductions, among other factors.

In Riniken, the tax burden is 17.25% for a single person without children. On average, a retired couple (over 65) pay 15.49%, a married couple with two children 8.63% and a childless couple 11.35%%.

The property market in general

New buildings

More living space has been constructed in Riniken over the past 5 years. For instance, 14 new apartments have been built.

Of the newly constructed apartments, 6 are 3-room apartments and 2 are 4-room apartments.

The new housing created also includes 6 5-room apartments.

Housing stock

The new builds have contributed to an additional increase in the housing stock, and there are now 691 apartments in Riniken.

One-room properties comprise a total of 6 apartments in the region.

The housing stock also includes 118 apartments with 2 rooms, 229 with 3 rooms and 210 apartments with 4 rooms.

Finally, 210 5-room apartments and 98 spacious apartments with at least 6 rooms are available in the region.

Empty apartments

The vacancy rate in Riniken is 1.16%.

Of this figure, 0.85% of 3-room apartments,

1.75% of 4-room apartments

and 1.43% of the 5-room apartments are currently uninhabited.

For apartments with 6 rooms, the vacancy rate is 0.97%.

Housing market (letting only)

The average cost for rental flats is CHF 1,390 per month.

In terms of the rents on the market, a quarter of them are equal to or cheaper than a monthly rent of CHF 1,200.

And 75% of monthly rents are lower than or equivalent to CHF 1,595 (75th percentile).