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Abstract
The population of Wangen bei Olten has risen to 5,452 over the last 3 years. This equates to a population increase of 6.19%.
Demographic data
The average income level is CHF 71,015.
13.85%% of the population have a university degree, 17.72% have completed higher vocational education, 47.07% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 21.36% of residents are currently completing compulsory schooling.
According to the data, this is a region with high social standards and an educated population.
The current unemployment rate stands at 1.58%.
Taxes
The rate of taxation in the area is 14.72%. Income, marital status and deductions are among the aspects that influence the actual tax burden.
In Wangen bei Olten, unmarried people without children pay an average of 19.59% tax, a married couple on a pension pays 18.03%, a married couple with two children pays 10.7% and a childless couple pays 13.81%.
Summary of the property market
New construction
146 new apartments have been created in Wangen bei Olten in the past 5 years.
A total of 4 1-room apartments have been constructed.
There are also a total of 50 new 2-room apartments.
With 50 new 3-room apartments and 13 4-room apartments, the residential area is ideal for families.
Additionally, there are 14 5-room apartments and 15 apartments with at least 6 rooms available.
Housing stock
As a result of the construction of new dwellings, the housing stock in Wangen bei Olten has grown, and there are now a total of 2,703 apartments.
In terms of 1-room apartments, a total of 90 properties are on the market.
Additionally, there are 284 apartments with 2 rooms, 663 apartments with 3 rooms and 837 apartments with a full 4 rooms.
The stock of very spacious properties with 5 rooms comprises 509 apartments, and there are 320 apartments with at least 6 rooms.
Empty apartments
The vacancy rate in Wangen bei Olten is 3.96%.
Of this number, 11.11% of 1-room apartments,
7.39% of the apartments with 2 rooms,
5.73% of apartments with 3 rooms,
3.35% of all 4-room apartments
and 1.18% of apartments with 5 rooms are presently empty.
Apartments with more than 5 rooms have a vacancy rate of 1.21%; of that figure, 1.25% are apartments with more than 6 rooms.
Housing market (letting only)
The average rental price for properties in the area is CHF 1,345.
A quarter of all rents on offer are cheaper than or equivalent to a monthly rent of CHF 1,147 (25th percentile).
In addition, 75% of all monthly rents are less than or equal to CHF 1,559.
ZIP of Wangen b. Olten
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