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Abstract

The number of residents in the District of Münchwilen has increased by 3.59% in the past 3 years, to 49,349 people.

Demographics

The average income level is CHF 71,790.

9.34% of the population are university graduates, 17.7% have a higher vocational education qualification, 52.21% have an SEK II qualification (school-leaving certificate or apprenticeship) and 20.76% are currently enrolled in compulsory education.

According to the data, this area has high social standards and an educated population.

The current unemployment rate is 0.92%.

Taxes

The overall rate of taxation is 11.42%. This varies on an individual basis and is determined by income, marital status and the total amount of deductions, among other factors.

In the District of Münchwilen, for instance, a retired couple (over 65) pays an average of 14.55% tax, a married couple with two children 7.75% and a childless couple 10.72%%. The tax rate for a childless, unmarried person is 15.76%.

The overall property market

New builds

A total of 1,615 new apartments have been built in the District of Münchwilen within the last 5 years – the number has increased steadily during that time.

One-room apartments comprise 21 of the newly built apartments – ideal for singles.

In addition to the existing apartments, 274 new 2-room apartments have been constructed.

Housing for families has also been created: For example, 537 apartments with 3 rooms and 434 4-room apartments were added to the pool of housing available locally.

The new dwellings include 239 5-room apartments and 110 apartments with at least 6 rooms.

Housing stock

As a result of the construction of new dwellings, the housing stock in the District of Münchwilen has grown, and there are now a total of 22,985 apartments.

One-room properties make up a total of 501 apartments in the region.

In addition, there are 2,066 apartments with 2 rooms, 4,723 apartments with 3 rooms and 6,457 apartments with 4 rooms.

The stock of larger properties with 5 rooms comprises 5,277 apartments, and there are 3,961 apartments with a minimum of 6 rooms.

Vacant apartments

1.44% of the total housing stock in the District of Münchwilen is uninhabited.

Of this number, 5.6% of 1-room apartments,

2.96% of the apartments with 2 rooms,

1.95% of apartments with 3 rooms,

1.47% of 4-room apartments

and 0.68% of all 5-room apartments are currently empty.

The vacancy rate is 0.6% for apartments with more than 5 rooms and 0.48% for apartments with more than 6 rooms.

Property market (letting only)

Rental properties are offered at an average rent of CHF 1,460 per month.

This means that 25% of all rents on the market are lower than or equivalent to a monthly rent of CHF 1,230 (25th percentile).

And 75% of monthly rents are cheaper than or equal to CHF 1,720 (75th percentile).