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Abstract

The population of the District of Kulm is currently 44,342, which amounts to a population increase of 5.06% over the last 3 years.

Population statistics

The average annual income level is CHF 65,445.

24.17% of residents are currently completing compulsory education, 51.96% have an SEK II qualification, 15.84% have a higher vocational education qualification and 8.04% of the population hold a university degree.

The area has high social standards and an educated population.

At present, 1.43% of the population is unemployed.

Taxes

The total tax rate in the region is 12.15%. The actual percentage of tax individuals pay is based on a number of factors, such as specific income, marital status and the amount of deductions.

In the District of Kulm, a retired couple (over 65) pays an average of 15.19% tax, a married couple with two children 8.44% and a couple with no children 11.11%. The rate of taxation for an unmarried person with no children is 16.9%.

Summary of the property market

New buildings

A total of 1,804 new apartments have been created in the District of Kulm within the past 5 years – growth has been continuous.

69 of the new builds are 1-room apartments, which are particularly suitable for singles.

Alongside the existing apartments, 397 new 2-room apartments have been constructed.

For families looking for a new place to live, the 625 apartments and the 454 4-room apartments are particularly attractive.

The number of new apartments amounts to 183 5-room apartments and 76 apartments with a minimum of 6 rooms.

Housing stock

The new builds have contributed to a further increase in the housing supply, and there are now 21,865 apartments in the District of Kulm.

The number of 1-room apartments totals 557.

In addition, there are 2,271 apartments with 2 rooms, 5,138 apartments with 3 rooms and 6,273 apartments with a full 4 rooms.

A total of 4,556 5-room apartments and 3,070 spacious apartments with 6 or more rooms are also available.

Unoccupied apartments

In the District of Kulm, 3.03% of apartments are vacant.

This means that 6.29% of the 1-room apartments,

4.9% of all 2-room apartments,

4.22% of the apartments with 3 rooms,

3.28% of 4-room apartments

and 1.26% of 5-room apartments are uninhabited.

The rate of vacancy is 1.24% for apartments with more than 5 rooms and 1.21% for apartments with more than 6 rooms.

Property market (rental only)

The average rent price for rental properties is CHF 1,410 per month.

In terms of the available rents, a quarter of them are equivalent to or lower than a monthly rent of CHF 1,200.

And 75% of monthly rents are less than or equal to CHF 1,671 (75th percentile).