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Synopsis

Having decreased by 2.02%, the population in Carouge (GE) has fallen to 22,164 over the past 3 years.

Population data

On average, people earn CHF 85,130 per year.

30.17% of the population have a university degree, 8.24% have a higher vocational training qualification, 35.82% of the population have an SEK II qualification (school-leaving certificate or apprenticeship), 25.76% of residents are currently enrolled in compulsory schooling and 0.01% of the population did not indicate their highest level of education.

The current unemployment rate stands at 2.54%.

Taxes

The total tax burden in the region is 12.85%. The actual amount of tax individuals pay depends on a range of factors, including actual income, marital status and the amount of deductions.

In Carouge (GE), for instance, a retired couple (over 65) pays an average of 16.22% tax, a married couple with two children 7.49% and a childless couple 12.3%%. The rate of taxation for a single person without children is 20%.

The property market overall

New builds

Carouge (GE) has seen the construction of 505 new apartments in the last 5 years.

One-room apartments account for 26 of the newly built apartments – an excellent option for singles.

134 of the new builds are also 2-room apartments.

With 224 new 3-room apartments and 90 4-room apartments, the region is ideal for families.

The new apartments include 23 5-room apartments and 8 apartments with at least 6 rooms.

Housing stock

Due to the construction of new dwellings, the housing stock in Carouge (GE) has increased, and there are now a total of 11,066 apartments.

The overall number of 1-room apartments is 2,039.

Additionally, there are 2,812 apartments with 2 rooms, 3,544 apartments with 3 rooms and 1,919 apartments with 4 rooms.

A total of 568 5-room apartments and 184 spacious apartments with a minimum of 6 rooms are also available in the region.

Unoccupied apartments

The rate of vacant apartments in Carouge (GE) is 0.43%.

This means that 0.39% of the 1-room apartments,

0.28% of apartments with 2 rooms,

0.54% of 3-room apartments,

0.47% of apartments with 4 rooms

and 0.53% of all 5-room apartments are presently empty.

Apartments with more than 5 rooms have a vacancy rate of 0.53%; of that number, 0.54% are apartments with more than 6 rooms.

Housing market (rental only)

The average rent price for rental properties is CHF 1,996 per month.

Consequently, 25% of all rents on the market are cheaper than or equivalent to a monthly rent of CHF 1,550 (25th percentile).

75% of monthly rents are lower than CHF 2,696 (75th percentile), or they are equal to this average price.