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Abstract

The number of inhabitants in Altstätten has grown to 12,278 in the past 3 years. This equates to a population increase of 3.38%.

Demographics

On average, residents earn CHF 70,265 per year.

11.18% of the population hold a university degree, 13.74% have a higher vocational training qualification, 51.85% of the population have a school-leaving certificate or finished a vocational apprenticeship and 23.24% of residents are completing compulsory schooling.

This means the residential area has high social standards and an educated population.

At present, 1.08% of the population is unemployed.

Taxes

The total tax percentage in the region is 12.2%. The actual amount of tax individuals pay depends on a number of factors, including current income, marital status and the amount of deductions.

In Altstätten, the tax burden is 17.13% for a single person with no children. On average, a married couple on a pension (over 65) pay 15.53%, a married couple with two children 8.01% and a couple without children 11.53%%.

The property market in general

New construction

More housing has been constructed in Altstätten over the last 5 years. For instance, 303 new apartments have been built.

One-room apartments comprise 3 of the new builds – an excellent option for people living alone.

Additional 2-room apartments have also been created; 62 apartments of this size were added in total.

Housing for families has also been created: For example, 77 apartments with 3 rooms and 119 4-room apartments were added to the local housing stock.

Furthermore, the number of spacious apartments available amounts to 29 5-room apartments and 13 apartments with 6 rooms or more.

Housing stock

The newly built dwellings have created further living space in the area. There are a total of 6,360 apartments in Altstätten.

There are a total of 357 1-room apartments in the region.

In addition, there are 824 apartments with 2 rooms, 1,318 apartments with 3 rooms and 1,680 apartments with 4 rooms.

Overall, there are 1,248 5-room apartments and 933 large apartments with 6 or more rooms.

Vacant apartments

There is a 0.65% vacancy rate in Altstätten.

Consequently, 0.28% of the 1-room apartments,

1.58% of all apartments with 2 rooms,

0.76% of apartments with 3 rooms,

0.89% of the apartments with 4 rooms

and 0.16% of the 5-room apartments are presently empty.

The vacancy rate for 6-room apartments is 0.09%.

Property market (rental only)

Rent prices for rental properties are, on average, around CHF 1,215 per month.

25% of the available rents are less than or equal to a monthly rent of CHF 990 (25th percentile).

And 75% of monthly rents are lower than or equivalent to CHF 1,430 (75th percentile).