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Abstract
The Canton of Aargau is a region that is becoming increasingly popular with residents. In the last 3 years, the population has risen to 711,232 inhabitants, which equates to a population increase of 3.7%.
Population statistics
On average, people earn CHF 75,260 annually.
The population is comprised as follows: 14.36% have a university degree, 0.17% have a higher vocational training qualification, 47.82% have an SEK II qualification (school-leaving certificate or apprenticeship), 20.97% are currently enrolled in compulsory schooling and 0.04% did not indicate their highest level of education.
Consequently, this area has high social standards and an educated population.
The current unemployment rate is 1.34%.
Taxes
The tax rate for the residential region is 11.81%. It varies from person to person and depends on factors such as actual income, marital status and the overall level of deductions.
A married couple on a pension (over 65) pays an average of 14.78% tax, a couple with two children 8.19% and a couple without children 10.79%. The tax percentage for a single person without children is 16.44%.
The property market overall
New buildings
Within the past 5 years, the number of newly constructed apartments in the Canton of Aargau has grown continuously. A total of 23,154 new apartments have been created.
602 of the newly constructed apartments are 1-room apartments, which are ideal for people living alone.
The number of newly built 2-room apartments is 4,774.
For families searching for new living space, the 7,485 apartments and the 6,405 4-room apartments are of particular interest.
2,789 apartments with 5 rooms and 1,099 apartments with at least 6 rooms have been added to the supply of housing available locally.
Housing stock
The new builds have contributed to a further expansion of the housing supply, and there are now 340,914 apartments in the Canton of Aargau.
The number of 1-room apartments in the overall housing supply is 11,102.
In addition, there are 36,065 apartments with 2 rooms, 80,517 apartments with 3 rooms and 101,157 apartments with 4 rooms.
Finally, the stock of 5-room properties comprises 72,294 apartments, and there are also 39,779 large apartments with a minimum of 6 rooms.
Empty apartments
The vacancy rate in the Canton of Aargau is 1.41%.
Consequently, 2.75% of the 1-room apartments,
2.11% of all 2-room apartments,
1.86% of all 3-room apartments,
1.3% of 4-room apartments
and 0.82% of the 5-room apartments are currently uninhabited.
Apartments with more than 5 rooms have a vacancy rate of 0.81%; of that number, 0.81% are apartments with more than 6 rooms.
Property market (letting only)
An average of CHF 1,568 is required to rent a property.
In terms of the available rents, a quarter of them are equal to or less than a monthly rent of CHF 1,320.
The 75th percentile of monthly rents is CHF 1,849.
Regions of Canton Aargau
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