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Synopsis
The population in the Canton Zug has increased by 2.76% in the last 3 years, to 131,164 people.
Demographics
The average income is CHF 130,680.
26.68% of the population hold a university degree, 16.67% have a higher vocational training qualification, 40.3% of the population have a school-leaving certificate or finished a vocational apprenticeship and 16.35% of residents are enrolled in compulsory education.
0.93% of the population is presently unemployed.
Taxes
The overall tax burden is 5.29%. This differs on a case-by-case basis and is based on income, marital status and the total amount of deductions, among other factors.
A retired couple in the Canton Zug pays an average of 7.31%, a married couple with two children 2.3% and married couples with no children 5.29%%. The tax percentage for an unmarried person with no children is 9.4%.
The property market overall
New builds
With a total of 3,121 apartments, the Canton Zug has seen more living space created in the past 5 years.
Of these new builds, 95 are 1-room apartments, which are perfect for singles.
More 2-room apartments have also been constructed; 615 apartments of this type were added in total.
In addition, 1,006 3-room apartments and 916 4-room apartments have been added to the local housing stock in recent years.
The newly built accommodation includes 350 5-room apartments and 139 apartments with 6 or more rooms.
Housing stock
The new construction has contributed to an additional increase in the housing supply, and there are now 61,147 apartments in the Canton Zug.
There are a total of 2,915 1-room apartments available in the region.
The total number of properties amounts to 7,696 apartments with 2 rooms, 15,309 apartments with 3 rooms and 20,343 apartments with 4 rooms.
The 5-room apartments also make up a total of 9,922 properties, while the apartments with at least 6 rooms account for 4,962.
Empty apartments
0.42% of apartments in the Canton Zug are uninhabited.
This means that 0.41% of the 1-room apartments,
0.39% of apartments with 2 rooms,
0.43% of the apartments with 3 rooms,
0.28% of apartments with 4 rooms
and 0.46% of all 5-room apartments are currently unoccupied.
The vacancy rate for apartments with more than 5 rooms is 0.61%; 0.91% of those vacant properties are apartments with a minimum of 6 rooms.
Property market (rental only)
Rental properties are offered at an average price of CHF 2,150 per month.
A quarter of all rents on the market are lower than or equal to a monthly rent of CHF 1,750 (25th percentile).
Finally, 75% of monthly rents are cheaper than CHF 2,625, or are equivalent to this amount.
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