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Abstract
Having declined by 0.14%, the population in Morcote has fallen to 714 over the last 3 years.
Demographic data
The average income here is CHF 115,940.
27.93%% of the population have a university degree, 11.56% have completed higher vocational education, 38.44% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 22.07% of residents are currently enrolled in compulsory schooling.
The current unemployment rate is 0.84%.
Taxes
The rate of taxation is 11.48%. The actual percentage of tax paid differs from person to person and depends on factors such as actual income, marital status and the overall level of deductions.
In Morcote, the tax burden for unmarried people with no children is 16.92%. A retired, married couple (over 65) pays an average of 15.62%, a couple with two children 6.52% and a childless couple 10.13%%.
The property market overall
New buildings
In the past 5 years, 1 apartment has been constructed in Morcote.
This is a sizable apartment with a minimum of 6 rooms that offers plenty of space.
Housing stock
Due to new construction, the amount of housing available in Morcote has grown, and there are now a total of 919 apartments.
As for 1-room apartments, a total of 71 properties are available.
The number of apartments with 2, 3 and 4 rooms is 270, 166 and 102 respectively.
Finally, the stock of 5-room properties comprises 102 apartments, and there are also 107 large apartments with at least 6 rooms.
Vacant apartments
The vacancy rate in Morcote is 2.11%.
Of this number, 2.51% of the apartments with 2 rooms,
3.4% of apartments with 3 rooms,
1.23% of apartments with 4 rooms
and 3% of apartments with 5 rooms are presently uninhabited.
The vacancy rate for apartments with 6 rooms is 1.46%.
Property market (rental only)
On average, the rent for rental properties is CHF 1,440 per month.
In terms of the available rents, a quarter of them are equal to or less than a monthly rent of CHF 1,250.
In addition, 75% of all monthly rents are lower than or equivalent to CHF 1,600.
ZIP of Morcote
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