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Additional information

Abstract

Fahrwangen has grown by 7.72% in the last 3 years and now has 2,456 inhabitants.

Demographics

Average income is CHF 64,405.

In the region, 9.31% of the population hold a university degree, 17.46% of residents have completed higher vocational education, 53.03% have an SEK II qualification (school-leaving certificate or apprenticeship) and 20.14% are currently completing compulsory education.

Consequently, this region has high social standards and an educated population.

At the time of reporting, 1.18% of the population is unemployed.

Taxes

The overall tax burden is 12.36%. This differs on an individual basis and is based on income, marital status and the amount of deductions, among other factors.

Retired, married couples (over 65) pay an average of 15.44% tax in Fahrwangen, married couples with two children 8.6% and childless married couples 11.31%%. The tax rate for a single person without children is 17.19%.

Summary of the property market

New builds

In the past 5 years, 193 new apartments have been built in Fahrwangen.

3 of the new builds are 1-room apartments, which are ideal for singles.

Alongside the existing apartments, 56 new 2-room apartments have been created.

60 apartments with 3 rooms and 40 4-room apartments were also constructed.

28 apartments with 5 rooms and 6 apartments with at least 6 rooms have been added to the supply of housing available locally.

Housing stock

Due to new construction, the housing stock in Fahrwangen has grown, and there are now a total of 1,182 apartments.

A total of 37 1-room apartments are available on the housing market.

Additionally, there are 128 apartments with 2 rooms, 256 apartments with 3 rooms and 326 apartments with 4 rooms.

The 5-room apartments also make up a total of 274 properties, while the apartments with a minimum of 6 rooms account for 161.

Vacant apartments

There is a 0.59% vacancy rate in Fahrwangen.

Of this number, 5.41% of 1-room apartments,

1.23% of the apartments with 4 rooms

and 0.36% of apartments with 5 rooms are presently uninhabited.

The vacancy rate for apartments with 6 rooms is 0.23%.

Housing market (rental only)

The average rent for properties is CHF 1,475.

In terms of the available rents, a quarter of them are equivalent to or lower than a monthly rent of CHF 1,250.

In addition, 75% of all monthly rents are cheaper than or equal to CHF 1,740.