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Synopsis
Over the last 3 years, the population of the attractive Canton Fribourg has increased by 3.93%, to 334,465.
Demographics
The average yearly income level is CHF 72,085.
17.81% of the population have a university degree, 11.09% have a higher vocational education qualification, 43.07% of the population have a school-leaving certificate or have completed a vocational apprenticeship, 27.78% of residents have completed compulsory schooling and 0.25% of the population did not indicate their highest educational qualification.
This means the residential area has high social standards and an educated population.
Around 1.17% of the population is presently unemployed.
Taxes
14.06% is the tax percentage in the region. However, the individual tax burden varies from person to person and is based on income, marital status and the total amount of deductions, among other factors.
In the Canton Fribourg, for instance, a married couple on a pension (over 65) pays an average of 17.63% tax, a married couple with two children 9.66% and a couple without children 13.14%%. The tax burden for a childless, unmarried person is 19.53%.
The overall property market
New buildings
Additional housing has been created in the Canton Fribourg within the past 5 years. For example, 13,293 new apartments were constructed.
A total of 616 1-room apartments have been built.
The total amount of newly built 2-room apartments is 2,665.
The 4,310 3-room apartments and 3,374 4-room apartments are also particularly attractive for families.
Furthermore, the number of large apartments on offer includes 1,610 5-room apartments and 718 apartments with a minimum of 6 rooms.
Housing stock
Thanks to the newly built dwellings, the supply of housing in the Canton Fribourg has expanded and there are now a total of 163,750 apartments.
The overall number of 1-room apartments is 9,261.
In terms of medium-sized to large apartments, the housing supply comprises 42,677 apartments with 2 rooms, 45,539 3-room apartments and 28,797 with 4 rooms.
Finally, 28,797 5-room apartments and 15,754 spacious apartments with a minimum of 6 rooms are available on the market.
Empty apartments
The vacancy rate in the Canton Fribourg is 1.38%.
This means that 2.48% of the 1-room apartments,
2.06% of apartments with 2 rooms,
1.69% of the apartments with 3 rooms,
1.22% of the apartments with 4 rooms
and 0.72% of 5-room apartments are empty.
Apartments with more than 5 rooms have a vacancy rate of 0.69%; 0.63%% of this total refers to apartments with more than 6 rooms.
Property market (rental only)
The average rental price for flats in the region is CHF 1,417.
Consequently, 25% of all available rents are lower than or equal to a monthly rent of CHF 1,190 (25th percentile).
75% of monthly rents are less than CHF 1,674 (75th percentile), or they are equivalent to this average price.
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