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Abstract
The Constituency Toggenburg is an attractive area for residents. The population has increased by 2.94% in the last 3 years, to a total of 47,916 inhabitants.
Population statistics
The average yearly income is CHF 60,405.
8.03% of the population have a university degree, 14.4% have completed higher vocational training, 52.38% have an SEK II qualification (school-leaving certificate or apprenticeship), 25.18% of residents are currently enrolled in compulsory education and 0.01% of the population did not indicate their highest level of education.
This means the region has high social standards and an educated population.
The unemployment rate currently stands at 0.61%.
Taxes
The area has an overall tax burden of 12.54%. The actual percentage of tax paid varies from person to person and depends on aspects such as current income, marital status, the amount of deductions and the like.
In the Constituency Toggenburg, for example, a married couple on a pension (over 65) pays an average of 15.94% tax, a married couple with two children 8.24% and a childless couple 11.86%%. The rate of taxation for an unmarried person without children is 17.59%.
The property market overall
New builds
The quantity of newly built apartments in the Constituency Toggenburg has been increasing consistently for 5 years. A total of 1,341 new apartments were created.
Of these new apartments, a total of 13 apartments have exactly one room.
The total number of new-build 2-room apartments is 193.
In addition, 399 3-room apartments and 417 4-room apartments have been added to the pool of housing available locally in recent years.
The newly built accommodation includes 172 5-room apartments and 147 apartments with 6 or more rooms.
Housing stock
Thanks to the newly built dwellings, the pool of housing available in the Constituency Toggenburg has expanded and there are now a total of 26,415 apartments.
The number of 1-room apartments in the total housing supply is 941.
In addition, there are 2,802 apartments with 2 rooms, 5,085 apartments with 3 rooms and 6,556 4-room apartments.
Finally, 4,970 5-room apartments and 6,061 spacious apartments with at least 6 rooms are available in the area.
Empty apartments
In the Constituency Toggenburg, 1.22% of apartments are unoccupied.
This means that 2.36% of the 1-room apartments,
1.73% of all 2-room apartments,
1.67% of the apartments with 3 rooms,
1.57% of apartments with 4 rooms
and 0.53% of the 5-room apartments are presently vacant.
The vacancy rate for apartments with more than 5 rooms is 0.58%; 0.62% of those empty properties are apartments with at least 6 rooms.
Property market (rental only)
Rents for rental properties are, on average, around CHF 1,245 per month.
A quarter of rents are lower than or equal to a monthly rent of CHF 990 (25th percentile).
75% of monthly rents are less than CHF 1,480 (75th percentile), or they are equivalent to this average price.
Cities of Region Toggenburg
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