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Abstract

The population of Sumvitg has declined by 3.48% over the past 3 years, to 1,082 inhabitants.

Demographic data

Average income is CHF 50,840.

The proportion of university graduates is 7.54%; 6.53% of residents have higher vocational training, and 57.19% have SEK II qualifications. In addition, 28.74% of residents are currently completing compulsory schooling.

As a result, the region has high social standards.

The unemployment rate is 0.46%.

Taxes

The tax rate in the area is 11.83%. Income, marital status and deductions are among the factors that impact the actual tax burden.

In Sumvitg, for example, a retired couple (over 65) pays an average of 15.31% tax, a married couple with two children 7.51% and a couple with no children 10.77%%. The rate of taxation for a single person without children is 17.17%.

The property market in general

New buildings

3 new apartments have been built in Sumvitg in the last 5 years.

2 5-room apartments and one 6+-room apartment were ultimately added to the available housing stock.

Housing stock

The new builds provide additional living space in the region. There are a total of 1,045 apartments in Sumvitg.

There are a total of 18 1-room apartments available in the area.

In terms of medium-sized to large apartments, the housing stock includes 151 apartments with 2 rooms, 215 3-room apartments and 212 with 4 rooms.

A total of 212 5-room apartments and 196 spacious apartments with 6 or more rooms are also available in the region.

Vacant apartments

0.86% of apartments in Sumvitg are empty.

This means that 5.56% of the 1-room apartments,

1.19% of the 2-room apartments,

0.66% of the 3-room apartments,

0.47% of the 4-room apartments

and 1.42% of 5-room apartments are uninhabited.

The vacancy rate for 6-room apartments is 0.74%.

Housing market (rental only)

An average of CHF 1,080 is required to rent a flat.

Consequently, 25% of all rents on offer are lower than or equal to a monthly rent of CHF 800 (25th percentile).

Monthly rents are lower than CHF 1,250 (75th percentile), or they are equivalent to this average price.