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Abstract

Zofingen has a population of 12,453. This equates to an increase of 4.99% in the past 3 years.

Population data

The average annual income level is CHF 73,810. 17.23% of residents are currently completing compulsory education, 41.65% have an SEK II qualification, 20.78% have a higher vocational training qualification and 20.32% of the population hold a university degree. Approximately 1.22% of the population is currently unemployed.

Taxes

The rate of taxation is 11.38%. The actual tax rate varies from person to person and depends on aspects including specific income, marital status and the total amount of deductions. In Zofingen, for instance, a retired couple (over 65) pays an average of 14.11% tax, a couple with two children 7.76% and a couple without children 10.25%. The tax percentage for a childless, unmarried person is 15.84%.

The property market in general

New buildings

Zofingen has gained 380 new apartments over the last 5 years. The 8 1-bedroom apartments are ideal for singles. A total of 86 new 2-room apartments have also been created. What's more, 122 3-room apartments and 122 4-room apartments have been constructed. The newly constructed accommodation includes 29 5-room apartments and 13 apartments with at least 6 rooms.

Housing stock

Zofingen now has a total of 6,611 apartments, following further expansion of the housing stock thanks to new construction. One-room properties make up a total of 310 apartments in the area. The housing supply also comprises 882 apartments with 2 rooms, 1,846 with 3 rooms and 1,957 apartments with 4 rooms. Finally, 993 5-room apartments and 623 spacious apartments with a minimum of 6 rooms are available in the area.

Vacant apartments

The rate of unoccupied apartments in Zofingen is 0.71%. This means that 1.94% of the 1-room apartments, 0.68% of apartments with 2 rooms, 0.7% of the 3-room apartments, 0.92% of apartments with 4 rooms and 0.3% of the 5-room apartments are currently empty. Apartments with more than 5 rooms have a vacancy rate of 0.25%; of that number, 0.16% are apartments with more than 6 rooms.

Property market (rental only)

Rental properties are offered at average rental prices of about CHF 1,465 per month. Consequently, 25% of all rents on the market are cheaper than or equal to a monthly rent of CHF 1,280 (25th percentile). In addition, 75% of all monthly rents are less than or equivalent to CHF 1,730.