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Overview
The number of inhabitants in Oetwil an der Limmat has grown to 2,560 in the last 3 years. This is equivalent to a population increase of 1.79%.
Demographics
Average income is CHF 93,400.
47.53% of the population have an SEK II qualification, and 17.64% have a higher vocational training qualification. 15.83% are university graduates and 18.96% of residents are currently completing compulsory schooling.
This means the region has high social standards and an educated population.
The unemployment rate currently stands at 1.02%.
Taxes
The total tax rate in the region is 10.55%. The actual percentage of tax individuals pay is based on a range of factors, such as actual income, marital status and the total amount of deductions.
Married couples on a pension (over 65) pay an average of 13.89% tax in Oetwil an der Limmat, married couples with two children 6.58% and couples without children 9.66%%. The rate of taxation for an unmarried person without children is 14.84%.
The property market in general
New builds
Oetwil an der Limmat has gained 35 new apartments over the past 5 years.
5 of these newly constructed apartments are 2-room apartments.
With 5 new 3-room apartments and 13 4-room apartments, the area is perfect for families.
Funds were also invested in larger accommodation: 9 5-room apartments were constructed, providing plenty of room for families; 3 apartments with a minimum of 6 rooms were also built.
Housing stock
New construction has further increased the pool of available housing in the region, so that there are now a total of 1,284 apartments in Oetwil an der Limmat.
The number of 1-room apartments in the total housing supply is 97.
What's more, there are 142 apartments with 2 rooms, 275 apartments with 3 rooms and 401 apartments with a full 4 rooms.
A total of 226 5-room apartments and 143 spacious apartments with 6 or more rooms are also available in the region.
Vacant apartments
The rate of apartment vacancies in Oetwil an der Limmat is 1.8%.
This means that 5.15% of the 1-room apartments,
1.41% of all 2-room apartments,
3.65% of the 3-room apartments,
0.75% of 4-room apartments
and 0.44% of apartments with 5 rooms are presently empty.
Apartments with more than 5 rooms have a vacancy rate of 0.82%; of that number, 1.4% are apartments with more than 6 rooms.
Housing market (rental only)
Rents for rental properties are, on average, about CHF 1,839 per month.
In terms of the rents on offer, a quarter of them are equal to or lower than a monthly rent of CHF 1,573.
And 75% of monthly rents are less than or equivalent to CHF 2,103 (75th percentile).
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