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Overview
The Canton of Zurich is a popular residential area. The population has grown by 2.64% in the last 3 years, to a total of 1,579,967 inhabitants.
Demographic data
On average, residents earn CHF 89,755 annually.
26.37% of the population have a university degree, 14.91% have a higher vocational education qualification, 40.71% of the population have an SEK II qualification (school-leaving certificate or apprenticeship), 18% of residents are currently completing compulsory schooling and 0.01% of the population did not indicate their highest level of education.
At the time of reporting, 1% of the population is unemployed.
Taxes
10.5% is the tax burden in the region. However, the individual tax burden varies from person to person and is determined by income, marital status and the overall level of deductions, among other factors.
A retired couple (over 65) pays an average of 13.83% tax, a couple with two children 6.55% and a childless couple 9.61%. The rate of taxation for an unmarried person with no children is 14.77%.
The overall property market
New builds
The quantity of newly constructed apartments in the Canton of Zurich amounted to 43,152.
2,394 of the new apartments are 1-room apartments, which are ideal for people living alone.
There are also a total of 10,201 new 2-room apartments.
For families trying to find new housing, the 14,095 apartments and the 11,651 4-room apartments are particularly attractive.
In addition, there are 3,426 5-room apartments and 1,385 apartments with 6 rooms or more available.
Housing stock
New builds have further increased the supply of housing in the area; there are now a total of 778,908 apartments in the Canton of Zurich.
There are a total of 52,701 1-room apartments in the region.
The number of apartments with 2, 3 and 4 rooms is 227,693, 214,633 and 102,364 respectively.
Finally, 102,364 5-room apartments and 58,305 spacious apartments with a minimum of 6 rooms are available in the region.
Unoccupied apartments
In the Canton of Zurich, there is a 0.53% vacancy rate for apartments.
Of this number, 0.66% of 1-room apartments,
0.55% of all apartments with 2 rooms,
0.53% of the apartments with 3 rooms,
0.5% of the 4-room apartments
and 0.52% of apartments with 5 rooms are presently uninhabited.
Apartments with more than 5 rooms have a vacancy rate of 0.51%; 0.51%% of this total applies to apartments with more than 6 rooms.
Property market (rental only)
The average rent for a property in the region is CHF 1,840.
This means that 25% of all rents on the market are cheaper than or equivalent to a monthly rent of CHF 1,515 (25th percentile).
In addition, 75% of all monthly rents are lower than or equal to CHF 2,250.
Regions of Canton Zurich (Zürich)
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