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Summary
The population of Port-Valais has grown to 4,397 in the last 3 years. This amounts to a population increase of 4.67%.
Demographics
Average income is CHF 63,190.
In the region, 12.76% of the population hold a university degree, 12.61% of residents have completed higher vocational training, 50.53% have an SEK II qualification (school-leaving certificate or apprenticeship) and 24.1% are currently completing compulsory education.
This means the region has high social standards and an educated population.
At present, 1.5% of the population is unemployed.
Taxes
The overall tax percentage is 12.65%. This varies on an individual basis and depends on income, marital status and the overall level of deductions, among other factors.
In Port-Valais, for instance, a married couple on a pension (over 65) pays an average of 17.21% tax, a couple with two children 6.81% and a couple without children 11.62%%. The tax rate for an unmarried person with no children is 19.51%.
The property market overall
New builds
Port-Valais has registered the construction of 216 new apartments over the past 5 years.
5 of the new apartments are 1-room apartments, which are particularly suitable for people living alone.
In addition to apartments that had already been built, 60 new 2-room apartments have been created.
Housing for families has also been built: For example, 74 apartments with 3 rooms and 51 4-room apartments were added to the pool of housing available locally.
The new dwellings include 24 5-room apartments and 2 apartments with a minimum of 6 rooms.
Housing stock
Port-Valais now has a total of 2,140 apartments, following additional growth in the pool of local housing as a result of the construction of new dwellings.
There are 92 1-room apartments available on the housing market.
The number of apartments with 2, 3 and 4 rooms is 644, 618 and 381 respectively.
Finally, 381 5-room apartments and 94 spacious apartments with at least 6 rooms are available on the market.
Empty apartments
There is a 2.21% vacancy rate in Port-Valais.
Of this number, 12.09% of 1-room apartments,
2.6% of the apartments with 2 rooms,
2.5% of the 3-room apartments and
1.79% of apartments with 4 rooms are unoccupied at the moment.
The vacancy rate is 0.21% for apartments with more than 5 rooms and 1.08% for apartments with more than 6 rooms.
Property market (letting only)
Rental properties are offered at an average rent of CHF 1,450 per month.
Consequently, 25% of all available rents are cheaper than or equal to a monthly rent of CHF 1,300 (25th percentile).
And 75% of monthly rents are less than or equivalent to CHF 1,690 (75th percentile).
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