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Summary

Over the past 3 years, the number of inhabitants in Krauchthal has fallen to 2,369, which is equivalent to a population decline of 1.33%.

Demographics

Average income totals CHF 66,800.

17.41% of residents are currently enrolled in compulsory education, 57.89% have an SEK II qualification, 18.23% have a higher vocational training qualification and 6.47% of the population hold a university degree.

The total unemployment rate is 0.63%.

Taxes

15.84% is the tax percentage in the region. However, the individual tax burden differs from person to person and is based on income, marital status and the amount of deductions, among other factors.

In Krauchthal, for example, a married couple on a pension (over 65) pays an average of 19.95% tax, a married couple with two children 11.14% and a couple without children 15.26%%. The rate of taxation for an unmarried person with no children is 20.66%.

Summary of the property market

New builds

In the last 5 years, 61 new apartments have been built in Krauchthal.

5 of the new apartments have 2 rooms.

Housing for families has also been constructed: For instance, 25 apartments with 3 rooms and 18 4-room apartments were added to the local housing stock.

Furthermore, the number of large apartments on offer includes 11 5-room apartments and 2 apartments with a minimum of 6 rooms.

Housing stock

The new builds have contributed to a further increase in the housing stock, and there are now 1,166 apartments in Krauchthal.

The number of 1-room apartments is 31.

In terms of medium-sized to large apartments, the housing supply comprises 233 apartments with 2 rooms, 347 3-room apartments and 309 with 4 rooms.

Finally, the supply of 5-room properties comprises 309 apartments, and there are also 142 large apartments with a minimum of 6 rooms.

Unoccupied apartments

1.2% of apartments in Krauchthal are empty.

This means that 3.23% of the 1-room apartments,

2.15% of apartments with 3 rooms,

1.44% of the apartments with 4 rooms

and 0.65% of the 5-room apartments are currently vacant.

Apartments with more than 5 rooms have a vacancy rate of 0.67%; of that figure, 0.7% are apartments with more than 6 rooms.

Property market (rental only)

The average rent price for rental properties is CHF 1,416 per month.

A quarter of all rents on offer are lower than or equal to a monthly rent of CHF 1,120 (25th percentile).

Additionally, 75% of all monthly rents are less than or equivalent to CHF 1,683.