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Synopsis
The population of Schwyz has grown to 15,685. This equates to an increase of 2.93% over 3 years.
Population statistics
The average yearly income level is CHF 75,895.
24.61% of residents are currently enrolled in compulsory education, 46.56% have an SEK II qualification, 16.04% have a higher vocational training qualification and 12.8% of the population have a university degree.
As a result, the region has high social standards.
The unemployment rate is 0.3%.
Taxes
8.52% is the rate of taxation in the region. However, the individual amount of tax paid differs from person to person and is based on income, marital status and the total amount of deductions, among other factors.
The tax percentage for an unmarried person with no children in Schwyz is 11.8%. On average, a retired couple (over 65) pays 11.11% tax, a couple with two children 5.37% and a couple with no children 7.79%%.
Summary of the property market
New buildings
637 new apartments have been built in Schwyz in the past 5 years.
One-room apartments account for 4 of the newly constructed apartments – an excellent option for singles.
There are also a total of 91 new 2-room apartments.
For families trying to find new housing, the 213 apartments and the 227 4-room apartments are ideal.
Money was also invested into more spacious apartments: 72 5-room apartments were constructed, providing lots of room for families; 30 apartments with at least 6 rooms were also built.
Housing stock
Schwyz now has a total of 7,844 apartments, following further growth in the local housing supply as a result of the construction of new dwellings.
The overall number of 1-room apartments amounts to 283.
In addition, there are 860 apartments with 2 rooms, 1,685 apartments with 3 rooms and 2,464 apartments with a full 4 rooms.
Finally, 1,535 5-room apartments and 1,017 spacious apartments with at least 6 rooms are available in the area.
Empty apartments
0.12% of apartments in Schwyz are unoccupied.
Of this number, 0.36% of 1-room apartments,
0.36% of the 3-room apartments,
0.04% of apartments with 4 rooms
and 0.07% of 5-room apartments are uninhabited.
6-room apartments have a vacancy rate of 0.04%.
Property market (rental only)
The average rent for rental properties is CHF 1,650 per month.
In terms of the available rents, a quarter of them are equal to or less than a monthly rent of CHF 1,390.
Additionally, 75% of all monthly rents are lower than or equivalent to CHF 1,960.
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