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Overview

The Constituency Hochdorf is very attractive – in the last 3 years, the number of residents has grown by 2.09%, to 75,279.

Demographic data

The average annual income level is CHF 67,360.

A total of 9.34% of the population hold a university degree, 16.9% have completed higher vocational education, 50.6% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 23.16% of residents are currently completing compulsory schooling.

According to the data, this is a residential area with high social standards and an educated population.

At the time of reporting, 0.93% of the population is unemployed.

Taxes

11.89% is the tax burden in the region. However, the individual tax burden differs from person to person and depends on income, marital status and the overall level of deductions, among other factors.

The tax rate for a single person without children in the Constituency Hochdorf is 15.84%. On average, a retired couple (over 65) pays 15.53% tax, a married couple with two children 7.84% and a couple with no children 11.1%%.

The property market overall

New builds

The Constituency Hochdorf has recorded an increase of 1,888 new apartments over the past 5 years.

A total of 53 1-room apartments have been constructed.

Additional 2-room apartments have also been built; 415 apartments of this size were added in total.

What's more, 540 3-room apartments and 463 4-room apartments have been created.

263 apartments with 5 rooms and 154 apartments with at least 6 rooms have been added to the supply of housing available locally.

Housing stock

The newly constructed dwellings are helping to ensure the continued growth of the region's housing stock, which totals 34,652 apartments in the Constituency Hochdorf.

A total of 932 1-room apartments are available on the housing market.

Additionally, there are 4,020 apartments with 2 rooms, 8,535 apartments with 3 rooms and 11,151 apartments with 4 rooms.

The stock of very spacious properties with 5 rooms includes 6,168 apartments, and there are 3,846 apartments with a minimum of 6 rooms.

Empty apartments

The vacancy rate for apartments in the Constituency Hochdorf is 1.46%%.

This means that 2.37% of the 1-room apartments,

2.22% of all apartments with 2 rooms,

2.74% of the apartments with 3 rooms,

1.01% of the apartments with 4 rooms

and 0.44% of apartments with 5 rooms are currently vacant.

Apartments with more than 5 rooms have a vacancy rate of 0.48%; 0.55%% of this figure pertains to apartments with more than 6 rooms.

Housing market (letting only)

The average rent for a flat in the area is CHF 1,560.

Consequently, 25% of all rents on offer are lower than or equal to a monthly rent of CHF 1,330 (25th percentile).

75% of monthly rents are less than CHF 1,850 (75th percentile), or they are equivalent to this average price.