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Summary
Grenchen has grown by 2.7% over the last 3 years and currently has 17,939 inhabitants.
Population data
Average income totals CHF 60,830.
7.8% of the population have a university degree, 11.85% have a higher vocational training qualification, 52% have an SEK II qualification (school-leaving certificate or apprenticeship), 28.35% are completing compulsory schooling and 0.01% of the population did not indicate their highest educational qualification.
According to the data, this region has high social standards and an educated population.
The current unemployment rate is 1.71%.
Taxes
The overall rate of taxation is 14.86%. This differs from person to person and depends on income, marital status and the total amount of deductions, among other factors.
In Grenchen, the tax burden for single people with no children is 19.71%. A married couple on a pension (over 65) pays an average of 18.18%, a couple with two children 10.83% and a couple without children 13.95%%.
Summary of the property market
New builds
In the past 5 years, 576 new apartments have been created in Grenchen.
Of these new apartments, a total of 22 apartments have exactly one room to live in.
The total number of new-build 2-room apartments is 161.
210 new apartments with 3 rooms and 138 apartments with 4 rooms were also built in the area.
Furthermore, the number of spacious apartments available includes 43 5-room apartments and 2 apartments with a minimum of 6 rooms.
Housing stock
Grenchen now has a total of 10,334 apartments, following additional growth in the local housing supply as a result of new construction.
There are 529 1-room apartments on the housing market.
In terms of medium-sized to large apartments, the housing supply comprises 3,515 apartments with 2 rooms, 3,070 3-room apartments and 1,230 with 4 rooms.
Finally, the stock of 5-room properties comprises 1,230 apartments, and there are also 538 large apartments with at least 6 rooms.
Unoccupied apartments
The percentage of vacant apartments in Grenchen is 1.74%.
Consequently, 1.51% of the 1-room apartments,
2.62% of the apartments with 2 rooms,
2.39% of the 3-room apartments,
1.3% of all 4-room apartments
and 0.65% of 5-room apartments are empty.
Apartments with more than 5 rooms have a vacancy rate of 0.57%; of that figure, 0.37% are apartments with more than 6 rooms.
Property market (rental only)
The average price for rental properties is CHF 1,140 per month.
This means that 25% of all rents on the market are less than or equal to a monthly rent of CHF 950 (25th percentile).
75% of monthly rents are cheaper than CHF 1,320 (75th percentile), or they are equivalent to this average price.
ZIP of Grenchen
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