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Synopsis

Wengi has recorded population growth of 4.11%, to 633 inhabitants, in the past 3 years.

Demographics

The average income is CHF 66,660. 9.39% of the population have a university degree, 21.18% have completed higher vocational training, 45.67% have an SEK II qualification (school-leaving certificate or apprenticeship), 18.23% of residents are currently enrolled in compulsory education and 5.05% of the population did not specify their highest educational qualification. Around 0.79% of the population is presently unemployed.

Taxes

The tax rate for the area is 16.1%. It differs from person to person and depends on aspects including specific income, marital status and the overall level of deductions. The rate of taxation for a childless, single person in Wengi is 20.84%. On average, a married couple on a pension (over 65) pays 20.05%, a married couple with two children 11.22% and a couple with no children 15.37%.

The property market in general

New construction

In the last 5 years, 22 new apartments have been constructed in Wengi. 0 of these new-build apartments have 1 room. 4 of these new-build apartments have 2 rooms. A total of 3 new 3-room apartments and 9 4-room apartments were built. Funds were also invested in more spacious apartments: 4 5-room apartments were created, providing lots of room for families; 2 apartments with at least 6 rooms were also constructed.

Housing stock

As a result of new construction, the amount of housing available in Wengi has increased, and there are now a total of 313 apartments. The number of 1-room apartments totals 11. In terms of medium-sized to large apartments, the housing supply comprises 33 apartments with 2 rooms, 60 3-room apartments and 70 with 4 rooms. Finally, 79 5-room apartments and 60 spacious apartments with 6 or more rooms are available in the region.

Unoccupied apartments

The vacancy rate in Wengi is 2.88%. Of this number, 9.09% of 1-room apartments, 3.03% of all 2-room apartments, 1.67% of the 3-room apartments, 2.86% of the apartments with 4 rooms and 5.06% of the 5-room apartments are currently uninhabited. For 6-room apartments, the rate of vacancy is 0%.

Property market (rental only)

An average of CHF 1,400 is needed to rent a property. 25% of the rents on offer are less than or equivalent to a monthly rent of CHF 1,200 (25th percentile). In addition, 75% of all monthly rents are cheaper than or equal to CHF 1,862.