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Synopsis
Over the last 3 years, the population of the sought-after Administrative district of Biel/Bienne has increased by 1.66%, to 103,847.
Population data
The average income is CHF 67,275.
15.99% of the population have a university degree, 12.9% have completed higher vocational training, 45.92% have an SEK II qualification (school-leaving certificate or apprenticeship), 25.17% of residents are currently enrolled in compulsory education and 0.02% of the population did not specify their highest educational qualification.
Consequently, this residential area has high social standards and an educated population.
The overall unemployment rate is 1.58%.
Taxes
15.44% is the tax percentage in the region. However, the individual tax burden differs from person to person and depends on income, marital status and the amount of deductions, among other factors.
On average, a retired couple pays 19.46% and a married couple without children pays 14.87%. Married couples with two children pay an average of 10.85% and the rate of taxation for a single person without children is 20.15%.
Summary of the property market
New construction
The Administrative district of Biel/Bienne has registered an increase of 2,583 new apartments over the past 5 years.
Of these newly constructed apartments, 57 are 1-room apartments, which are particularly suitable for singles.
There are also a total of 549 new 2-room apartments.
Housing for families has also been built: For example, 933 apartments with 3 rooms and 726 4-room apartments were added to the pool of housing available locally.
The housing stock available in the area was also expanded to include 249 5-room apartments and 69 apartments with at least 6 rooms.
Housing stock
Thanks to the newly constructed buildings, the supply of housing in the Administrative district of Biel/Bienne has expanded and there are now a total of 56,744 apartments.
A total of 3,134 1-room apartments are available on the housing market.
In addition, there are 8,079 apartments with 2 rooms, 19,582 apartments with 3 rooms and 15,967 apartments with a full 4 rooms.
There are 6,836 5-room apartments and 3,146 large apartments with 6 or more rooms.
Vacant apartments
2.2% of the total housing stock in the Administrative district of Biel/Bienne is unoccupied.
Consequently, 3.97% of the 1-room apartments,
2.61% of apartments with 2 rooms,
2.44% of all 3-room apartments,
1.91% of 4-room apartments
and 1.36% of the 5-room apartments are currently empty.
Apartments with more than 5 rooms have a vacancy rate of 1.31%; 1.18%% of this total refers to apartments with more than 6 rooms.
Property market (rental only)
Rents for rental properties are, on average, around CHF 1,300 per month.
A quarter of all rents on offer are lower than or equal to a monthly rent of CHF 1,090 (25th percentile).
Additionally, 75% of all monthly rents are cheaper than or equivalent to CHF 1,560.
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