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Summary
Oberriet (SG) has a population of 9,180. This equates to an increase of 2.24% over the last 3 years.
Demographics
The average income here is CHF 68,455.
54.18% of the population have an SEK II qualification, and 15.43% have a higher vocational education qualification. 8.58% are university graduates and 21.81% of residents are currently completing compulsory schooling.
The area has high social standards and an educated population.
0.63% of the population is presently unemployed.
Taxes
The overall tax rate is 11.46%. This varies on an individual basis and depends on income, marital status and the amount of deductions, among other factors.
In Oberriet (SG), for example, a retired couple (over 65) pays an average of 14.62% tax, a couple with two children 7.49% and a couple without children 10.81%%. The rate of taxation for a single person without children is 16.09%.
The property market in general
New builds
New housing has been created in Oberriet (SG) in the past 5 years. For example, 192 new apartments have been built.
12 of the new builds are 2-room apartments.
40 apartments with 3 rooms and 72 4-room apartments were also constructed.
Additionally, there are 40 5-room apartments and 28 apartments with a minimum of 6 rooms to choose from.
The preponderance of spacious apartments in Oberriet (SG) makes the location very appealing for families.
Housing stock
The new builds have contributed to a further increase in the housing supply, and there are now 4,142 apartments in Oberriet (SG).
There are 55 1-room apartments available on the housing market.
In terms of medium-sized to large apartments, the housing stock comprises 754 apartments with 2 rooms, 1,043 3-room apartments and 1,101 with 4 rooms.
The supply of very large properties with 5 rooms includes 1,101 apartments, and there are 884 apartments with 6 rooms or more.
Vacant apartments
There is a 0.39% vacancy rate in Oberriet (SG).
Consequently, 7.27% of the 1-room apartments,
0.94% of the 3-room apartments and
0.29% of apartments with 4 rooms are empty at present.
The rate of vacancy is 0.1% for apartments with more than 5 rooms and 0.23% for apartments with more than 6 rooms.
Property market (letting only)
Rental properties are offered at an average rent of CHF 1,460 per month.
This means that 25% of all rents on the market are lower than or equivalent to a monthly rent of CHF 1,220 (25th percentile).
Additionally, 75% of all monthly rents are cheaper than or equal to CHF 1,750.
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