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Synopsis

Over the past 3 years, the District des Franches-Montagnes has seen a population decline of 0.13%. The number of inhabitants fell to 10,433.

Demographics

The average annual income level is CHF 63,395.

11.63% of the population have a university degree, 9.76% have a higher vocational education qualification, 49.68% of the population have a school-leaving certificate or have completed a apprenticeship, 27.4% of residents have completed compulsory schooling and 1.5% of the population provided no information about their highest educational qualification.

Consequently, this region has high social standards and an educated population.

The unemployment rate currently stands at 1.22%.

Taxes

14.28% is the tax burden in the region. However, the individual amount of tax paid differs from person to person and depends on income, marital status and the amount of deductions, among other factors.

A retired couple in the District des Franches-Montagnes pays an average of 18%, a married couple with two children 9.91% and childless married couples 14.28%%. The tax percentage for a childless, single person is 19.49%.

Summary of the property market

New buildings

The number of newly constructed apartments in the District des Franches-Montagnes has been growing steadily for 5 years. A total of 217 new apartments were built.

For example, a newly constructed 1-room apartment was added to the available housing.

A total of 39 new 2-room apartments have also been created.

What's more, 33 3-room apartments and 62 4-room apartments have been added to the pool of housing available locally in recent years.

Furthermore, the number of large apartments available includes 52 5-room apartments and 30 apartments with a minimum of 6 rooms.

Housing stock

New construction has further expanded the pool of housing available in the region; there are now a total of 5,816 apartments in the District des Franches-Montagnes.

As for 1-room apartments, a total of 174 properties are on the market.

Additionally, there are 638 apartments with 2 rooms, 1,274 apartments with 3 rooms and 1,632 apartments with 4 rooms.

Finally, the supply of 5-room properties comprises 1,154 apartments, and there are also 944 large apartments with 6 rooms or more.

Unoccupied apartments

1.53% of the total housing stock in the District des Franches-Montagnes is uninhabited.

Consequently, 2.91% of the 1-room apartments,

2.7% of all apartments with 2 rooms,

1.91% of all 3-room apartments,

1.49% of the apartments with 4 rooms

and 1.14% of the 5-room apartments are presently empty.

Apartments with more than 5 rooms have a vacancy rate of 0.87%; of that figure, 0.54% are apartments with more than 6 rooms.

Property market (letting only)

The average rental price for a property is CHF 1,033.

In terms of the rents on offer, a quarter of them are equal to or less than a monthly rent of CHF 838.

Finally, 75% of monthly rents are cheaper than CHF 1,250, or are equivalent to this amount.