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Overview
The Canton of Basel-Stadt is an attractive area to live in. In the past 3 years, the number of residents has risen to 196,786, which is a population increase of 0.48%.
Demographic data
Average income totals CHF 90,445.
The proportion of university graduates is 32.12%; 11.17% of residents have higher vocational education, and 35.78% have SEK II qualifications. Additionally, 20.93% of residents are currently completing compulsory schooling.
1.56% of the population is presently unemployed.
Taxes
The tax rate is 12.28%. The actual amount of tax paid varies from person to person and depends on factors including current income, marital status and the total amount of deductions.
In the Canton of Basel-Stadt, for example, a married couple on a pension (over 65) pays an average of 16.28% tax, a married couple with two children 7.91% and a couple without children 11.25%%. The rate of taxation for an unmarried person without children is 16.95%.
Summary of the property market
New builds
The Canton of Basel-Stadt has registered an increase of 3,494 new apartments over the last 5 years.
285 of the newly built apartments are 1-room apartments, which are ideal for people living alone.
More 2-room apartments have also been built; 1,158 apartments of this type were added in total.
With 1,121 new 3-room apartments and 650 4-room apartments, the residential area is particularly attractive for families.
Investments were also made in larger accommodation: 201 5-room apartments were constructed, providing plenty of room for families; 79 apartments with a minimum of 6 rooms were also created.
Housing stock
The new builds provide additional living space in the area. There are a total of 115,005 apartments in the Canton of Basel-Stadt.
One-room properties make up a total of 12,265 apartments in the region.
In addition, there are 27,558 apartments with 2 rooms, 42,250 apartments with 3 rooms and 19,861 apartments with a full 4 rooms.
A total of 7,137 5-room apartments and 5,934 spacious apartments with 6 or more rooms are also available on the market.
Empty apartments
In the Canton of Basel-Stadt, there is a 1.07% vacancy rate for apartments.
Consequently, 1.59% of the 1-room apartments,
1.34% of the 2-room apartments,
1.08% of apartments with 3 rooms,
0.79% of the apartments with 4 rooms
and 0.46% of 5-room apartments are vacant.
The vacancy rate for apartments with more than 5 rooms is 0.42%; 0.37% of those unoccupied properties are apartments with at least 6 rooms.
Property market (rental only)
The average price for rental flats is CHF 1,498 per month.
This means that 25% of all rents on the market are less than or equal to a monthly rent of CHF 1,220 (25th percentile).
75% of monthly rents are cheaper than CHF 1,800 (75th percentile), or they are equivalent to this average price.
Cities of Canton Basel-Stadt
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