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Overview

Wangen (SZ) has a population of 5,489. This amounts to an increase of 6.58% in the past 3 years.

Demographic data

Average income totals CHF 78,515.

13.03% of the population have a university degree, 19.05% have a higher vocational training qualification, 46.35% of the population have a school-leaving certificate or have completed a vocational apprenticeship and 21.6% of residents are completing compulsory education.

The area is prestigious due to its high social standards and educated population.

The overall unemployment rate is 0.42%.

Taxes

8.1% is the rate of taxation in the region. However, the individual amount of tax paid differs from person to person and is determined by income, marital status and the amount of deductions, among other factors.

The tax percentage for an unmarried person with no children in Wangen (SZ) is 11.24%. On average, a married couple on a pension (over 65) pays 10.59% tax, a couple with two children 5.08% and a couple with no children 7.39%%.

The overall property market

New construction

Wangen (SZ) has gained 250 new apartments in the last 5 years.

A total of 9 1-room apartments have been created.

The number of newly built 2-room apartments totals 28.

What's more, 89 3-room apartments and 81 4-room apartments have been added to the pool of housing available locally in recent years.

For people seeking more living space, 37 5-room apartments and 6 apartments with a minimum of 6 rooms have been constructed.

Housing stock

New builds have further expanded the housing supply in the region, so that there are now a total of 2,590 apartments in Wangen (SZ).

The number of 1-room apartments is 67.

Additionally, there are 220 apartments with 2 rooms, 617 apartments with 3 rooms and 795 4-room apartments.

A total of 584 5-room apartments and 307 spacious apartments with at least 6 rooms are also available in the region.

Unoccupied apartments

0.89% of apartments in Wangen (SZ) are uninhabited.

Consequently, 2.99% of the 1-room apartments,

0.91% of apartments with 2 rooms,

0.49% of apartments with 3 rooms,

0.88% of 4-room apartments

and 0.51% of all 5-room apartments are presently vacant.

The vacancy rate is 1.01% for apartments with more than 5 rooms and 1.96% for apartments with more than 6 rooms.

Housing market (letting only)

The average rent for a flat is CHF 1,800.

25% of the rents on offer are less than or equivalent to a monthly rent of CHF 1,490 (25th percentile).

The 75th percentile of monthly rents is CHF 2,095.