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Summary

The number of inhabitants in Ottenbach has grown to 2,858 over the last 3 years. This is an increase of 10.43%.

Demographics

On average, residents earn CHF 84,090 annually.

15.94% of the population are university graduates, 21.4% have a higher vocational training qualification, 49.52% have an SEK II qualification (school-leaving certificate or apprenticeship) and 13.14% are currently completing compulsory education.

The current unemployment rate stands at 0.66%.

Taxes

10.91% is the tax percentage in the region. However, the individual amount of tax paid differs from person to person and is based on income, marital status and the overall level of deductions, among other factors.

In Ottenbach, childless, unmarried people pay an average of 15.35% tax, a retired, married couple pays 14.35%, a couple with two children pays 6.82% and a couple without children pays 10%.

Summary of the property market

New buildings

With a total of 92 apartments, more housing has been created in Ottenbach in the past 5 years.

20 of these newly constructed apartments have 2 rooms.

A total of 17 new 3-room apartments and 41 4-room apartments were built.

Furthermore, the number of large apartments available includes 11 5-room apartments and 3 apartments with a minimum of 6 rooms.

Housing stock

Thanks to new construction, the amount of housing available in Ottenbach has increased, and there are now a total of 1,340 apartments.

There are 34 1-room apartments on the housing market.

The number of apartments with 2, 3 and 4 rooms is 211, 375 and 367 respectively.

Finally, the supply of 5-room properties comprises 367 apartments, and there are also 233 large apartments with 6 rooms or more.

Vacant apartments

The vacancy rate in Ottenbach is 0.68%.

Of this number, 2.94% of 1-room apartments,

1.44% of apartments with 3 rooms and

0.27% of the apartments with 4 rooms are currently uninhabited.

Apartments with more than 5 rooms have a vacancy rate of 0.67%; of that figure, 1.73% are apartments with more than 6 rooms.

Housing market (letting only)

The average rent for a property is CHF 1,980.

A quarter of rents are lower than or equal to a monthly rent of CHF 1,680 (25th percentile).

Monthly rents are below CHF 2,380 (75th percentile), or they are equivalent to this average price.