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Additional information
Abstract
Balsthal has grown by 2.18% in the last 3 years, to 6,375 inhabitants.
Population statistics
The average yearly income is CHF 65,255.
10.09% of the population have a university degree, 14.63% have completed higher vocational training, 46.49% have an SEK II qualification (school-leaving certificate or apprenticeship), 28.77% of residents are currently in compulsory education and 0.02% of the population provided no information on their highest level of education.
Consequently, the region has high social standards.
The overall unemployment rate is 1.46%.
Taxes
Overall, the tax rate in the area is 15.06%. The individual percentage of tax actually paid will vary and is determined by factors such as current income, marital status, the total amount of deductions and so on.
In Balsthal, the tax burden is 20.03% for an unmarried person with no children. On average, a married couple on a pension (over 65) pay 18.42%, a married couple with two children 10.96% and a couple with no children 14.13%%.
The overall property market
New construction
Over the past 5 years, 168 apartments have been created in Balsthal.
Of these newly constructed apartments, 33 have 2 rooms.
Living space for families has also been constructed: For example, 31 apartments with 3 rooms and 59 4-room apartments were added to the local housing stock.
Furthermore, the number of large apartments available includes 34 5-room apartments and 11 apartments with at least 6 rooms.
Housing stock
New builds have additionally increased the housing stock in the area, so that there are now a total of 3,138 apartments in Balsthal.
A total of 149 1-room apartments are available on the housing market.
In addition, there are 301 apartments with 2 rooms, 712 apartments with 3 rooms and 946 apartments with 4 rooms.
Finally, the stock of 5-room properties comprises 632 apartments, and there are also 398 large apartments with at least 6 rooms.
Unoccupied apartments
3.68% of apartments in Balsthal are empty.
Of this number, 4.73% of 1-room apartments,
4.68% of apartments with 2 rooms,
6.35% of the apartments with 3 rooms,
3.5% of 4-room apartments
and 1.59% of all 5-room apartments are currently uninhabited.
The vacancy rate for apartments with more than 5 rooms is 1.56%; 1.52% of those vacant properties are apartments with at least 6 rooms.
Property market (rental only)
The average rent for a property in the region is CHF 1,250.
Consequently, 25% of all rents on the market are lower than or equal to a monthly rent of CHF 1,050 (25th percentile).
And 75% of monthly rents are cheaper than or equivalent to CHF 1,450 (75th percentile).
ZIP of Balsthal
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