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Additional information
Summary
The population of the Canton Valais is currently 357,282, which is a population increase of 3.4% over the last 3 years.
Demographics
The average annual income is CHF 60,130.
15.31% of the population have a university degree, 10.1% have a higher vocational education qualification, 46.48% of the population have an SEK II qualification (school-leaving certificate or apprenticeship), 27.86% of residents are currently completing compulsory schooling and 0.25% of the population did not indicate their higher education qualifications.
Consequently, the area has high social standards.
The total unemployment rate is 1.13%.
Taxes
The overall tax rate is 13.52%. This differs from person to person and is based on income, marital status and the amount of deductions, among other factors.
In the Canton Valais, for example, a married couple on a pension (over 65) pays an average of 18.33% tax, a married couple with two children 7.4% and a childless couple 12.41%%. The tax percentage for an unmarried person without children is 20.65%.
The property market in general
New builds
The housing market in the Canton Valais has shown positive growth in the past 5 years. A total of 13,483 apartments have been constructed.
Of these new apartments, a total of 768 apartments have exactly one room to live in.
More 2-room apartments have also been created; 2,946 apartments of this type were added in total.
Additionally, 3,811 3-room apartments and 3,224 4-room apartments have been added to the pool of housing available locally in recent years.
For people looking for more spacious housing, 1,934 5-room apartments and 800 apartments with at least 6 rooms have been built.
Housing stock
The new builds have contributed to an additional expansion of the housing stock, and there are now 271,303 apartments in the Canton Valais.
There are 22,443 1-room apartments on the housing market.
The total number of properties comes to 44,617 apartments with 2 rooms, 73,411 apartments with 3 rooms and 78,229 apartments with 4 rooms.
Finally, the stock of 5-room properties comprises 35,420 apartments, and there are also 17,183 large apartments with at least 6 rooms.
Unoccupied apartments
1.72% of apartments in the Canton Valais are vacant.
Of this number, 2.88% of 1-room apartments,
1.91% of the apartments with 2 rooms,
1.8% of apartments with 3 rooms,
1.47% of 4-room apartments
and 1.18% of all 5-room apartments are presently empty.
Apartments with more than 5 rooms have a vacancy rate of 1.31%; of that figure, 1.57% are apartments with more than 6 rooms.
Housing market (letting only)
The average rent for properties is CHF 1,306.
25% of all rents on the market are below a monthly rent of CHF 1,050, or they are equal to this amount (25th percentile).
In addition, 75% of all monthly rents are less than or equivalent to CHF 1,560.
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