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Abstract
The population of the Canton of Thurgau is currently 289,650, which amounts to a population increase of 3.61% over the last 3 years.
Population data
The average yearly income level is CHF 72,195.
50.57% of the population have an SEK II qualification, and 16.26% have a higher vocational education qualification. 12.25% are university graduates and 20.91% of residents are currently in compulsory schooling.
Consequently, the residential area has high social standards.
Around 1.02% of the population is currently unemployed.
Taxes
The tax percentage in the area is 11.36%. Income, marital status and deductions are among the aspects that impact the actual tax burden.
A retired couple (over 65) pays an average of 14.48% tax in the Canton of Thurgau, a couple with two children pays 7.71% and a couple without children 10.66%. The tax burden for an unmarried person with no children is 15.68%.
The property market in general
New builds
The number of newly constructed apartments in the Canton of Thurgau has been growing consistently for 5 years. A total of 9,647 new apartments were built.
Of these new builds, 247 are 1-room apartments, which are ideal for singles.
Alongside the existing apartments, 1,532 new 2-room apartments have been created.
2,858 3-room apartments and 2,725 apartments with 4 rooms were also built.
1,488 apartments with 5 rooms and 797 apartments with a minimum of 6 rooms have been added to the supply of housing available locally.
Housing stock
The new buildings have contributed to the continued growth of the pool of housing available in the region; there are now 142,622 apartments in the Canton of Thurgau.
One-room properties account for a total of 4,768 apartments in the region.
In terms of medium-sized to large apartments, the housing supply comprises 31,344 apartments with 2 rooms, 41,646 3-room apartments and 28,504 with 4 rooms.
The stock of very spacious properties with 5 rooms comprises 28,504 apartments, and there are 21,896 apartments with a minimum of 6 rooms.
Empty apartments
1.45% of the total housing stock in the Canton of Thurgau is uninhabited.
This means that 3.12% of the 1-room apartments,
2.14% of the apartments with 2 rooms,
1.85% of all 3-room apartments,
1.57% of all 4-room apartments
and 0.83% of apartments with 5 rooms are currently vacant.
Apartments with more than 5 rooms have a vacancy rate of 0.76%; 0.66%% of this total applies to apartments with more than 6 rooms.
Property market (letting only)
The average rent for a property in the region is CHF 1,440.
25% of all rents on offer are below a monthly rent of CHF 1,190, or they are equal to this amount (25th percentile).
Monthly rents are less than CHF 1,720 (75th percentile), or they are equivalent to this average price.
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