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Additional information

Summary

Glarus Süd has grown by 0.79% in the past 3 years and currently has 9,528 inhabitants.

Population data

On average, residents earn CHF 59,970 per year. 8.47% of the population have a university degree, 15.8% have a higher vocational training qualification, 52.33% of the population have a school-leaving certificate or finished a vocational apprenticeship and 23.4% of residents are completing compulsory schooling. According to the data, this residential area has high social standards and an educated population. The unemployment rate is 0.52%.

Taxes

The total rate of taxation in the region is 11.77%. How much tax individuals pay depends on a number of factors, such as actual income, marital status and the amount of deductions. In Glarus Süd, single people without children pay an average of 15.55% tax, a retired, married couple pays 15.1%, a married couple with two children pays 8.01% and a couple without children pays 10.88%.

Summary of the property market

New builds

In the last 5 years, 218 new apartments have been created in Glarus Süd. One-room apartments account for 13 of the newly built apartments – an excellent option for people living alone. There are also a total of 23 new 2-room apartments. 65 apartments with 3 rooms and 76 4-room apartments were additionally added. The pool of available housing was also expanded to include 19 5-room apartments and 22 apartments with a minimum of 6 rooms.

Housing stock

Newly built dwellings have further increased the pool of available housing in the area, so that there are now a total of 6,966 apartments in Glarus Süd. The overall number of 1-room apartments amounts to 279. In addition, there are 732 apartments with 2 rooms, 1,543 apartments with 3 rooms and 1,926 apartments with a full 4 rooms. Finally, the stock of 5-room properties comprises 1,435 apartments, and there are also 1,051 large apartments with a minimum of 6 rooms.

Unoccupied apartments

The rate of empty apartments in Glarus Süd is 0.96%. This means that 1.88% of the 1-room apartments, 1.86% of all apartments with 2 rooms, 1.16% of apartments with 3 rooms, 1.09% of the 4-room apartments and 0.58% of apartments with 5 rooms are currently uninhabited. The vacancy rate is 0.38% for apartments with more than 5 rooms and 0.1% for apartments with more than 6 rooms.

Property market (letting only)

The average rental price for properties is CHF 1,100. Consequently, 25% of all rents on offer are less than or equal to a monthly rent of CHF 880 (25th percentile). The 75th percentile of monthly rents is CHF 1,333.