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Additional information

Abstract

The number of inhabitants in Basel has risen by 0.18% in the past 3 years, to 173,552 inhabitants.

Population data

The average annual income level is CHF 87,075.

32.71% of residents have a university degree, 10.86% have completed higher vocational training and 35.04% have an SEK II qualification. Additionally, 21.38% of residents are currently attending school.

1.66% of the population is currently unemployed.

Taxes

The tax rate for the area is 13.1%. It varies from person to person and depends on factors such as specific income, marital status and the amount of deductions.

In Basel, the tax burden is 18.06% for a single person with no children. On average, a married couple on a pension (over 65) pay 17.34%, a married couple with two children 8.47% and a couple without children 12.02%%.

The property market overall

New builds

Basel has seen the construction of 3,071 new apartments over the last 5 years.

Of these new apartments, a total of 278 apartments have exactly one room.

More 2-room apartments have also been built; 1,087 apartments of this size were added in total.

With 992 new 3-room apartments and 541 4-room apartments, the region is ideal for families.

The number of new apartments amounts to 123 5-room apartments and 50 apartments with at least 6 rooms.

Housing stock

New builds have additionally expanded the housing stock in the region, so that there are now a total of 103,643 apartments in Basel.

The number of 1-room apartments totals 11,935.

In addition, there are 26,231 apartments with 2 rooms, 38,771 apartments with 3 rooms and 16,846 apartments with a full 4 rooms.

There are 5,392 5-room apartments and 4,468 large apartments with at least 6 rooms.

Empty apartments

The vacancy rate in Basel is 1.08%.

Of this total, 1.6% of 1-room apartments,

1.33% of all 2-room apartments,

1.02% of apartments with 3 rooms,

0.8% of the apartments with 4 rooms

and 0.5% of the 5-room apartments are presently vacant.

The vacancy rate for apartments with more than 5 rooms is 0.48%; 0.45% of those unoccupied properties are apartments with at least 6 rooms.

Housing market (letting only)

The average rent for rental properties is CHF 1,490 per month.

A quarter of rents are less than or equivalent to a monthly rent of CHF 1,200 (25th percentile).

And 75% of monthly rents are lower than or equal to CHF 1,790 (75th percentile).