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Additional information
Overview
For a number of years now, Sins has recorded steady growth in the number of people living there; to be more specific, the population has increased by 1.73%, to 4,352 inhabitants.
Demographic data
The average yearly income level is CHF 75,065. In the region, 11.75% of the population hold a university degree, 19.9% of residents have completed higher vocational education, 45.92% have an SEK II qualification (school-leaving certificate or apprenticeship) and 22.43% are currently in compulsory education. According to the data, this residential area has high social standards and an educated population. The overall unemployment rate is 0.76%.
Taxes
11.65% is the tax rate in the region. However, the individual amount of tax paid varies from person to person and is determined by income, marital status and the overall level of deductions, among other factors. In Sins, for instance, a retired couple (over 65) pays an average of 14.59% tax, a married couple with two children 8.07% and a couple with no children 10.64%%. The tax burden for an unmarried person without children is 16.22%.
Summary of the property market
New construction
87 new apartments have been created in Sins over the past 5 years. One of the new builds has one room, which is ideal for singles. There are also a total of 29 new 2-room apartments. A total of 29 new 3-room apartments and 20 4-room apartments were constructed. For people on the search for more spacious accommodation, 6 5-room apartments and 2 apartments with at least 6 rooms have been built.
Housing stock
The newly constructed dwellings are contributing to the continued growth of the region's housing stock, which totals 1,936 apartments in Sins. There are a total of 44 1-room apartments in the region. In addition, there are 186 apartments with 2 rooms, 379 apartments with 3 rooms and 505 apartments with 4 rooms. A total of 471 5-room apartments and 351 spacious apartments with a minimum of 6 rooms are also available on the market.
Vacant apartments
There is a 1.45% vacancy rate in Sins. This means that 2.27% of the 1-room apartments, 3.78% of all apartments with 2 rooms, 1.86% of the apartments with 3 rooms, 2.19% of the apartments with 4 rooms and 0.21% of 5-room apartments are uninhabited. Apartments with more than 5 rooms have a vacancy rate of 0.24%; 0.29%% of this figure refers to apartments with more than 6 rooms.
Housing market (letting only)
An average of CHF 1,790 is needed to rent a property. A quarter of rents are lower than or equal to a monthly rent of CHF 1,556 (25th percentile). And 75% of monthly rents are less than or equivalent to CHF 2,000 (75th percentile).
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