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Summary

The District de Monthey is a sought-after area for residents. Over the past 3 years, the number of inhabitants has grown to 49,279, which is a population increase of 3.46%.

Population data

On average, people earn CHF 60,780 per year.

29.68% of residents are currently enrolled in compulsory education, 47.47% have an SEK II qualification, 9.47% have a higher vocational education qualification and 13.38% of the population hold a university degree.

The region is prestigious thanks to its high social standards and educated population.

1.54% of the population is currently unemployed.

Taxes

The tax rate is 13.65%. The actual amount of tax paid varies from person to person and depends on factors including current income, marital status and the total amount of deductions.

In the District de Monthey, for example, a retired couple (over 65) pays an average of 18.51% tax, a married couple with two children 7.48% and a childless couple 12.54%%. The tax burden for an unmarried person without children is 20.82%.

Summary of the property market

New buildings

With a total of 2,121 apartments, the District de Monthey has seen new housing built in the last 5 years.

The 110 1-bedroom apartments are perfect for singles.

A total of 592 new 2-room apartments have also been created.

In addition, 626 3-room apartments and 513 4-room apartments have been added to the local housing stock in recent years.

The housing stock available in the area was also expanded to include 175 5-room apartments and 105 apartments with a minimum of 6 rooms.

Housing stock

The new builds have contributed to a further expansion of the housing supply, and there are now 29,852 apartments in the District de Monthey.

There are a total of 1,778 1-room apartments available in the area.

In terms of medium-sized to large apartments, the housing stock includes 8,493 apartments with 2 rooms, 8,601 3-room apartments and 3,975 with 4 rooms.

The 5-room apartments also constitute a total of 3,975 properties, while the apartments with 6 rooms or more account for 2,117.

Vacant apartments

1.09% of apartments in the District de Monthey are empty.

Of this total, 1.76% of 1-room apartments,

1.36% of the apartments with 2 rooms,

1.26% of 3-room apartments,

0.91% of the apartments with 4 rooms

and 0.46% of 5-room apartments are unoccupied.

Apartments with more than 5 rooms have a vacancy rate of 0.68%; of that figure, 1.1% are apartments with more than 6 rooms.

Housing market (letting only)

The average rental price for a flat is CHF 1,400.

Consequently, 25% of all rents on the market are less than or equal to a monthly rent of CHF 1,177 (25th percentile).

The 75th percentile of monthly rents is CHF 1,650.