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Additional information

Synopsis

The number of inhabitants in Meyrin has grown to 26,517 over the last 3 years. This is a population increase of 3%.

Population statistics

The average yearly income level is CHF 70,060.

19.35% of residents hold a university degree, 7.64% have completed higher vocational training and 39.53% have an SEK II qualification. In addition, 33.48% of residents are currently attending school.

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

Approximately 2.26% of the population is currently unemployed.

Taxes

The tax burden is 13.1%. The actual percentage of tax paid varies from person to person and is based on aspects such as actual income, marital status and the amount of deductions.

Retired, married couples (over 65) pay an average of 16.52% tax in Meyrin, married couples with two children 7.64% and couples with no children 12.54%%. The rate of taxation for an unmarried person with no children is 20.39%.

The overall property market

New builds

Meyrin has registered the construction of 1,478 new apartments in the past 5 years.

A total of 143 1-room apartments have been built.

The number of new 2-room apartments totals 357.

Housing for families has also been constructed: For instance, 431 apartments with 3 rooms and 378 4-room apartments were added to the local housing stock.

151 apartments with 5 rooms and 18 apartments with at least 6 rooms have been added to the supply on the housing market.

Housing stock

Newly built dwellings have additionally increased the pool of available housing in the area, so that there are now a total of 11,171 apartments in Meyrin.

The number of 1-room apartments in the total housing supply is 1,091.

In terms of medium-sized to large apartments, the housing supply includes 3,704 apartments with 2 rooms, 2,778 3-room apartments and 936 with 4 rooms.

Finally, 936 5-room apartments and 336 spacious apartments with 6 or more rooms are available in the area.

Unoccupied apartments

There is a 0.18% vacancy rate in Meyrin.

Of this figure, 0.18% of 1-room apartments,

0.17% of all apartments with 2 rooms,

0.19% of 3-room apartments,

0.18% of the apartments with 4 rooms

and 0.11% of 5-room apartments are vacant.

The vacancy rate is 0.16% for apartments with more than 5 rooms and 0.3% for apartments with more than 6 rooms.

Property market (letting only)

Rents for rental properties are, on average, around CHF 2,057 per month.

This means that 25% of all rents on the market are less than or equivalent to a monthly rent of CHF 1,700 (25th percentile).

Finally, 75% of monthly rents are lower than CHF 2,575, or are equal to this amount.