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Summary
The number of residents in Riva San Vitale has grown to 2,663 in the past 3 years. This equates to an increase of 0.34%.
Population statistics
The average income level is CHF 69,750.
Of the population, 17.4% have a university degree, 12.49% have completed higher vocational training, 49.42% have an SEK II qualification (school-leaving certificate or apprenticeship) and 20.73% of residents are currently enrolled in compulsory schooling.
This means the area has high social standards and an educated population.
The current unemployment rate is 1.28%.
Taxes
Overall, the tax burden in the region is 11.48%. The individual share of tax actually paid varies and is determined by aspects such as actual income, marital status, the overall level of deductions and so on.
The rate of taxation for a single person with no children in Riva San Vitale is 16.92%. A married couple on a pension (over 65) pays an average of 15.62%, a married couple with two children 6.52% and a childless couple 10.13%.
The property market in general
New buildings
Over the last 5 years, 158 new apartments have been constructed in Riva San Vitale.
11 of the new builds are 1-room apartments, which are particularly suitable for singles.
Along with the existing apartments, 63 new 2-room apartments have been created.
What's more, 26 3-room apartments and 41 4-room apartments have been added to the pool of housing available locally in recent years.
Investments were also made in larger apartments: 11 5-room apartments were built, providing plenty of living space; 6 apartments with a minimum of 6 rooms were also built.
Housing stock
As a result of the construction of new dwellings, the housing stock in Riva San Vitale has increased, and there are now a total of 1,619 apartments.
As for 1-room apartments, a total of 50 properties are available.
The number of apartments with 2, 3 and 4 rooms is 405, 503 and 243 respectively.
Overall, there are 243 5-room apartments and 167 large apartments with a minimum of 6 rooms.
Empty apartments
The rate of empty apartments in Riva San Vitale is 2.86%.
3.28% of the apartments with 2 rooms,
3.05% of the apartments with 3 rooms,
2.86% of 4-room apartments
and 1.27% of the 5-room apartments are presently unoccupied.
Apartments with more than 5 rooms have a vacancy rate of 2.76%; of that total, 4.94% are apartments with more than 6 rooms.
Housing market (letting only)
Rental properties are offered for prices averaging around CHF 1,400 per month.
A quarter of all rents on the market are lower than or equivalent to a monthly rent of CHF 1,100 (25th percentile).
Finally, 75% of monthly rents are cheaper than CHF 1,600, or are equal to this amount.
ZIP of Riva San Vitale
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