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Summary
The number of residents in Montreux has changed to 26’955 in the past 3 years. This is equivalent to a population change of 3.88%.
Population statistics
The average income here is CHF 74’590. 27.86% of the population hold a university degree, 7.74% have completed higher vocational education, 39.33% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 25.07% of residents are currently completing compulsory schooling. As a result, the residential area has high social standards. The unemployment rate is 2.76%.
Taxes
The overall tax rate is 13.44%. This varies on an individual basis and depends on income, marital status and the total amount of deductions, among other factors. Retired, married couples (over 65) pay an average of 17.54% tax in Montreux, married couples with two children 8.7% and childless couples 12.32%. The tax percentage for a single person without children is 19.16%.
New construction
Montreux has registered the construction of 235 new apartments over the last 5 years. 77 apartments with 2 rooms have also been built. Living space for families has also been constructed: For example, 83 apartments with 3 rooms and 61 4-room apartments were added to the pool of housing available locally. For people on the search for more spacious accommodation, 8 5-room apartments and 3 apartments with at least 6 rooms have been created.
Housing stock
Thanks to new construction, the housing stock in Montreux has changed, and there are now a total of 15’816 apartments. The number of 1-room apartments in the total housing stock is 1844. There are also 3363 apartments with 2 rooms, 4898 apartments with 3 rooms and 3283 4-room apartments. Finally, the supply of 5-room properties comprises 1495 apartments, and there are also 933 large apartments with at least 6 rooms.
Unoccupied apartments
The vacancy rate in Montreux is 1.14%. Of this figure, 0.93% of 1-room apartments, 0.81% of all 2-room apartments, 1.17% of the apartments with 3 rooms, 1.41% of 4-room apartments and 0.88% of 5-room apartments are empty. Apartments with more than 5 rooms have a vacancy rate of 1.33%; of that number, 2.05% are apartments with more than 6 rooms.
Housing market (rental only)
An average of CHF 1690 is needed to rent a property. Consequently, 25% of all rents on the market are less than or equivalent to a monthly rent of CHF 1330 (25th percentile). 75% of monthly rents are lower than CHF 2150 (75th percentile), or they are equal to this average price.
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