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Abstract
The number of residents in Oftringen has increased by 6.52% over the last 3 years, to 15,020 inhabitants.
Demographics
The average annual income is CHF 64,600.
9.38% of residents have a university degree, 15.42% have completed higher vocational training and 48.6% have an SEK II qualification. In addition, 26.59% of residents are currently attending school.
According to the data, this area has high social standards and an educated population.
The current unemployment rate stands at 2.03%.
Taxes
12.13% is the tax rate in the region. However, the individual amount of tax paid differs from person to person and is determined by income, marital status and the overall level of deductions, among other factors.
The tax burden for a childless, single person in Oftringen is 16.89%. On average, a retired couple (over 65) pays 15.17%, a couple with two children 8.43% and a couple without children 11.1%.
Summary of the property market
New construction
Oftringen has gained 453 new apartments in the past 5 years.
One-room apartments account for 6 of the newly built apartments – ideal for singles.
The number of new 2-room apartments totals 72.
With 161 new 3-room apartments and 179 4-room apartments, the region is perfect for families.
Investments were also made in larger accommodation: 25 5-room apartments were created, providing plenty of room for families; 10 apartments with a minimum of 6 rooms were also constructed.
Housing stock
Oftringen now has a total of 6,955 apartments, following further growth in the pool of local housing as a result of the construction of new dwellings.
There are a total of 209 1-room apartments available in the region.
Additionally, there are 849 apartments with 2 rooms, 1,956 apartments with 3 rooms and 2,354 apartments with 4 rooms.
The stock of very spacious properties with 5 rooms includes 1,088 apartments, and there are 499 apartments with at least 6 rooms.
Empty apartments
The rate of empty apartments in Oftringen is 3.6%.
Of this number, 7.66% of 1-room apartments,
5.31% of apartments with 2 rooms,
5.33% of apartments with 3 rooms,
2.68% of all 4-room apartments
and 1.66% of apartments with 5 rooms are currently unoccupied.
The vacancy rate for apartments with more than 5 rooms is 1.39%; 0.8% of those vacant properties are apartments with at least 6 rooms.
Property market (rental only)
Rental properties are offered at an average price of CHF 1,450 per month.
25% of the rents on offer are less than or equivalent to a monthly rent of CHF 1,230 (25th percentile).
The 75th percentile of monthly rents is CHF 1,760.
ZIP of Oftringen
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