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Summary

For a number of years now, Hittnau has registered steady growth in its population; to be more specific, the population has increased by 2.51%, to 3,756 inhabitants.

Demographic data

The average yearly income level is CHF 82,120.

A total of 13.02% of the population hold a university degree, 20.62% have completed higher vocational education, 51.69% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 14.68% of residents are currently completing compulsory schooling.

The overall unemployment rate is 0.64%.

Taxes

The rate of taxation is 10.87%. The actual tax rate varies from person to person and is based on factors including actual income, marital status and the amount of deductions.

In Hittnau, the tax percentage is 15.29% for a single person with no children. On average, a retired couple (over 65) pay 14.3%, a married couple with two children 6.79% and a childless couple 9.96%%.

The overall property market

New buildings

With a total of 126 apartments, more living space has been built in Hittnau over the past 5 years.

The number of newly built 2-room apartments amounts to 20 residential units.

Living space for families has also been constructed: For example, 35 apartments with 3 rooms and 35 4-room apartments were added to the local housing stock.

In addition, there are 27 5-room apartments and 9 apartments with a minimum of 6 rooms to choose from.

Housing stock

Hittnau now has a total of 1,717 apartments, following additional expansion of the pool of local housing thanks to new construction.

One-room properties make up a total of 63 apartments in the region.

The total number of properties comes to 164 apartments with 2 rooms, 333 apartments with 3 rooms and 476 apartments with 4 rooms.

Finally, 400 5-room apartments and 281 spacious apartments with a minimum of 6 rooms are available.

Empty apartments

The vacancy rate in Hittnau is 0.93%.

Consequently, 1.59% of the 1-room apartments,

0.61% of the apartments with 2 rooms,

2.41% of all 3-room apartments,

0.63% of apartments with 4 rooms

and 0.5% of 5-room apartments are empty.

The rate of vacancy is 0.44% for apartments with more than 5 rooms and 0.36% for apartments with more than 6 rooms.

Property market (letting only)

Rents for rental properties average CHF 1,750 per month.

This means that 25% of all available rents are less than or equivalent to a monthly rent of CHF 1,500 (25th percentile).

75% of monthly rents are cheaper than CHF 2,060 (75th percentile), or they are equal to this average price.