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Abstract
The number of inhabitants in Castel San Pietro has risen by 1.5% in the past 3 years, to 2,227 inhabitants.
Demographics
Average income is CHF 89,850.
Of the population, 20.61% have a university degree, 14.63% have completed higher vocational education, 47.84% have an SEK II qualification (school-leaving certificate or apprenticeship) and 16.87% are currently enrolled in compulsory schooling.
The current unemployment rate is 0.67%.
Taxes
Overall, the rate of taxation in the area is 10.17%. The individual proportion of tax actually paid varies and depends on aspects including specific income, marital status, the total amount of deductions and so on.
The tax burden for an unmarried person without children in Castel San Pietro is 14.99%. On average, a retired couple (over 65) pays 13.89% tax, a couple with two children 5.74% and a couple with no children 8.95%%.
The overall property market
New builds
The housing stock in Castel San Pietro has increased by 26 apartments over the last 5 years.
One newly constructed 1-room apartment was added to the pool of housing.
Additional 2-room apartments have also been constructed; 2 apartments of this size were added in total.
With 5 new 3-room apartments and 5 4-room apartments, the residential area is particularly attractive for families.
9 apartments with 5 rooms and 4 apartments with 6 or more rooms have been added to the local housing stock.
The many large apartments in Castel San Pietro are a sign that this location is particularly appealing for families.
Housing stock
The newly constructed buildings have created further living space in the region. There are a total of 1,277 apartments in Castel San Pietro.
A total of 35 1-room apartments are available on the market.
Additionally, there are 133 apartments with 2 rooms, 266 apartments with 3 rooms and 371 apartments with 4 rooms.
There are 228 5-room apartments and 244 large apartments with a minimum of 6 rooms.
Empty apartments
In Castel San Pietro, 0.64% of apartments are empty.
Consequently, 5.88% of the 1-room apartments,
0.77% of all apartments with 2 rooms,
0.77% of the 3-room apartments and
0.83% of 4-room apartments are currently uninhabited.
Property market (letting only)
An average of CHF 1,547 is needed to rent a property.
This means that 25% of all rents on offer are cheaper than or equivalent to a monthly rent of CHF 1,280 (25th percentile).
Finally, 75% of monthly rents are lower than CHF 1,800, or are equal to this amount.
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